Resolute Idling U.S. Pulp Mill in Latest Hit to Paper Supplies.

Keywords: RFP; AGR; ALLTOP; BASIC; BLD; BUSINESS; CMD; COS; INDUSTRIES; MARKETS; TOP; WWTOP; WWTOPAM EN RFP AGR ALLTOP BASIC BLD BUSINESS CMD COS INDUSTRIES MARKETS TOP WWTOP WWTOPAM Company cites financial losses, "production upsets" R47VMHDWRGG3 (Bloomberg) -- Resolute Forest Products Inc. said it will idle its pulp and paper operations at a Tennessee mill because of "significant financial losses", the latest in a series of production shutdowns in the industry that has dented supplies across North America. "The company continues to accumulate significant financial losses at the mill, even with the current strong market conditions for both the pulp and uncoated freesheet paper it manufactures", according to the statement. [Extracted from the article]