No com­ment

Pa­per mill, head of­fice keep­ing mum on Amer­i­can newsprint tar­iff

The Western Star - - FRONT PAGE - BY GARY KEAN gkean@thewest­ern­star.com Twit­ter: WS_­GaryKean

Nei­ther Cor­ner Brook Pulp and Pa­per nor its par­ent com­pany Kruger Inc. will make any pub­lic com­ment about an Amer­i­can tar­iff on Cana­dian newsprint.

Nei­ther Cor­ner Brook Pulp and Pa­per nor its par­ent com­pany Kruger Inc. will make any pub­lic com­ment about an Amer­i­can tar­iff on Cana­dian newsprint.

News that the Amer­i­can gov­ern­ment has de­cided to im­ple­ment coun­ter­vail­ing du­ties on gov­ern­ment-sub­si­dized newsprint ex­ported to the United States from Canada was an­nounced late Tues­day night.

The tar­iff will be ap­plied dif­fer­ently to each com­pany, depend­ing on the level of sub­si­diza­tion. For Cor­ner Brook Pulp and Pa­per, the duty will be one of the high­est, at nearly 10 per cent.

The de­ci­sion on the duty, which is be­ing op­posed by some forces within the Amer­i­can gov­ern­ment, was con­sid­ered pre­lim­i­nary and a fi­nal de­ci­sion is not ex­pected un­til May or pos­si­bly later.

Still, it has been re­ported the tar­iff could cost Cor­ner Brook Pulp and Pa­per about $8 mil­lion in rev­enues an­nu­ally.

The Amer­i­can gov­ern­ment is also con­sid­er­ing im­ple­ment­ing an­other duty to ad­dress Cana­dian newsprint dumped into the Amer­i­can mar­ket at prices deemed un­fairly low by the United States. That duty, ex­pected to be de­cided on in March, is not ex­pected to harm the Cor­ner Brook op­er­a­tion as much as the coun­ter­vail­ing duty.

The Western Star asked both the lo­cal mill man­age­ment and Kruger’s head of­fice in Mon­treal for in­ter­views on the com­pany’s per­spec­tive ear­lier this week, but none were granted.

In an emailed re­sponse Thurs­day, Kruger said the com­pany will take more time to fur­ther an­a­lyze the de­tailed re­port on the U.S Depart­ment of Com­merce’s pre­lim­i­nary rul­ing on coun­ter­vail­ing du­ties.

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