Canfor Pulp Income Fund ( the “Fund”) (TSX:CFX.UN) announced today that Canfor
Pulp Limited Partnership (the “Partnership”) in which the Fund has a 49.8% ownership, has moved its 2010 maintenance outage at the Prince George Pulp & Paper mill, previously planned for April, into the first quarter. This is being done to coincide with unplanned maintenance requiring the shutdown of the mill’s recovery boiler. The total duration of the shutdown of the boiler is expected to be approximately 20 days and the total reduced pulp production in the first quarter is expected to be approximately 15,000 tonnes, including the 4 days and 3,600 tonnes previously scheduled for the April outage. Operation of the
paper machine during part of the shut down period is expected to mitigate the financial impact of these outages to a reduction of EBITDA of approximately $6 million in the first quarter, including an estimated $2.5 million impact of the 2010 planned maintenance outage.
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