Grasim Q4: The group reported loss of Rs 440 crore on a standalone basis hit by weakness in the chemicals segment coupled with impact from impairment charges.
AV Terrace Bay Inc. announces temporary idling of its pulp operations, with immediate effect, due to prevailing market conditions. The announcement will affect approximately four hundred employees. The facility, located on the north shore of Lake Superior, produces 320,000 Air Dry Metric Tons of Northern Bleached Softwood Kraft (NBSK) pulp. The mill will be put into a state of warm idle to facilitate a possible future restart.
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