Pulp and paper producer Catalyst Paper has secured up to $175 million in financing as it moves forward with restructuring under court protection from creditors.
The court-appointed monitor overseeing efforts to sell a shuttered Cape Breton paper mill has named a second bidder interested in buying and operating the factory.
Two paper machines at a Nova Scotia mill are shutting down indefinitely as its parent company grapples with economic challenges and rising costs.
Cascades is selling its two US boxboard plants as part of its strategy to focus more on core packaging and tissue paper operations.
Cascades is selling its less-efficient plants and accelerating the modernization of its other facilities with planned $100 million per year investments over three to four years.
The global demand for wood fibre will escalate as the development of biomaterials evolves and that’s going to lead to supply shortages and fierce competition for fibre, says a PricewaterhouseCoopers report.
Cascades Forma-Pak has inaugurated a new machine used in the manufacturing of moulded pulp products.
Catalyst Paper’s Snowflake Mill in northeast Arizona has shut down production following a fire Monday that destroyed approximately 14,000 tonnes of recovered waste paper.
Cascades Inc. is selling its Dopaco business unit for US$400 million cash to a global packaging company based in New Zealand.
Catalyst Paper Corp. is testing an anaerobic digestion technology as part of a $6.12 million demonstration project that will turn some of the effluent produced at its Crofton pulp and paper mill into renewable energy.
When someone has registered and downloaded a white paper from your website how fast should you follow up? Some people favour responding the same day, others suggest waiting a couple of weeks or more. If you follow up the same…