Resolute’s Menominee mill could remain idle until 2023

By Paul Quinn, Equity Analyst
RBC Capital Markets
November 24, 2022
Category: Business & Politics
Region: United States, US East

Resolute Forest Products’ Menominee mill could remain idle until 2023. Following a fire at an adjacent warehouse on October 6, 2022, the 178k tonnes/year market deinked pulp (MDIP) mill at Menominee, Michigan has remained idle. Resolute stated with its Q3 results that it aims to restart the mill “in the coming months”, while according to RISI, industry sources believe the mill will remain closed for the balance of 2022. As one of the two MDIP producers in North America selling into the open market, the temporary closure of Menominee has led to a supply shock in MDIP. [END]

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