NewPage Taking Downtime in Q2
MIAMISBURG, OH—NewPage Corp. announced that it plans to take approximately 150,000 tons of market-related downtime on its paper machines at various mill locations during the second quarter of 2009. The move was based on estimates of market demand and inventory levels. Specific operating and curtailment plans, as well as timing, will be developed across NewPage mills to best satisfy customer commitments.
NewPage owns paper mills in Kentucky, Maine, Maryland, Michigan, Minnesota, Wisconsin and Nova Scotia, Canada. These mills have a total annual production capacity of about 4.4 million tons of paper, including approximately 3.2 million tons of coated paper, roughly 1 million tons of uncoated paper and 200,000 tons of specialty paper.