Friday, 12 October 2018 13:15

Paper Excellence to buy Catalyst Paper

531 catalyst mill

British Columbia-based Catalyst Paper Corp. has reached an agreement to sell three coastal mills to Paper Excellence Canada of Richmond, B.C.  The mills are located at Crofton and Port Alberni on Vancouver Island and Powell River.  The jobs and livelihoods of 1,500 British Columbia forestry workers will be secured by the acquisition which is still subject to regulatory review and final approvals.  Catalyst Paper manufactures 1.3 million tonnes of pulp and paper products. These products include industrial packaging, food service, coated ground-wood, newsprint and directory papers. Customers include retailers, publishers and commercial printers in North America, Latin America, the Pacific Rim and Europe.

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