The gas curtailments
"are hurting the global reputation of Trinidad as a reliable producer of LNG.
Alcoa will complete the curtailments
by the end of the first quarter of 2016.
Even if weather-related curtailments
have not occurred in a specific region before, rare force majeure events could occur.
Aluminium company Alcoa (NYSE:AA) reported on Thursday that it will reduce its annual alumina production capacity by about 390,000 metric tons to align production with smelter curtailments
and to reflect prevailing market conditions.
However, this negative trend has continued and has spread to other markets as well, which has necessitated further curtailments
, Martin Lundstedt, executive vice president at the group, said.
13 Tembec, based in Montreal, announced a two-week curtailment
of operations at its newsprint facility in Kapuskasing, Ontario.
Combining announcements of closures and curtailments
with mill capacities enables the creation of accurate forward-looking assessments of lumber supply 1 to 2 months into the future.
Depending on demand, curtailments
could occur this month, said PG&E spokeswoman Staci Homrig.
In December 1985, FASB issued both SFAS 87, "Employers Accounting for Pensions" and SFAS 88, "Employers' Accounting for Settlements and Curtailments
of Defined Benefit Pension Plans and for Termination Benefits.
In "staying' its judgment for 60 days, the Supreme Court gave Congress time either to authorize the already enacted March 1 curtailments
, or to remove the unconstitutional provision from the law.
Reduction in line with smelter curtailments
announced earlier this year
The aim is to keep production curtailments
to a minimum and they are planned to be implement through temporary layoffs.