Clearwater Paper Suspends Idaho Operations Due To Regional Natural Gas Pipeline Incident
Portfolio Pulse from Benzinga Newsdesk
Clearwater Paper Corporation (NYSE:CLW) has temporarily suspended certain manufacturing operations at its Lewiston, Idaho facility due to an incident impacting the regional natural gas system. The company expects to resume operations in the coming days.
November 10, 2023 | 12:15 am
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NEGATIVE IMPACT
Clearwater Paper's temporary suspension of operations at its Idaho facility may impact its production and revenues in the short term.
The suspension of operations at Clearwater Paper's Idaho facility due to a regional natural gas pipeline incident could potentially disrupt the company's production and revenues in the short term. However, the company expects to resume operations in the coming days, which could mitigate the impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100