Conifex Provides Update on Temporary COVID-19 Related Production Curtailment
Conifex Timber Inc. (“Conifex”) announced that, in response to continued weakened global demand for forest products impacted by the continuing COVID-19 pandemic, it is extending its temporary production curtailment at its Mackenzie, British Columbia sawmill for two weeks to May 3, 2020. The curtailment is not expected to have any adverse consequence on bioenergy operations.
Conifex will continue to closely monitor the evolving market conditions, customer demand and the global COVID-19 response while prioritizing employee health and safety considerations.
About Conifex Timber Inc.
Conifex and its subsidiaries’ primary business currently includes timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value added lumber finishing and distribution. Conifex’s lumber products are sold in the United States, Chinese, Canadian and Japanese markets. Conifex has expanded its operations to include bioenergy production following the commencement of commercial operations of its power generation facility at Mackenzie, BC.
Source:
Jordan Neeser – Chief Financial Officer – jordan.neeser@conifex.com – (604) 216-6825
Source: Conifex Timber Inc.
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