Northwood Pulp Mill resumes production in Canada
On July 13, local time, Canfor's Northwood Pulp Mill announced that it would resume production on July 17, local time. The International Longshore and Warehouse Union of Canada and the British Columbia Maritime Employers Association have reached a 10-year tentative agreement, ending a 13-day port strike in British Columbia.
The Port of Vancouver handles most of Canada's shipments of pulp and logs. Canfor, a Canadian company, mainly supplies bleached kraft softwood pulp. Canfor recently said that as long as the port of Vancouver and Prince Rupert port workers strike, the overseas market pulp products can not be shipped. About 70% of the company's pulp products shipped to Asia are shelved.
The 13-day strike disrupted about $900 million in Canadian imports and exports. For now, shippers as well as dockworkers are clearing the piled cargo, but they say it could take months to complete. Therefore, businesses that trade with British Columbia, Canada, still need to pay attention to the arrival time of goods.
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