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Paper Excellence to take over Catalyst Paper

Railcar Warehouse Mackenzie, ©Paper Excellence
Railcar Warehouse Mackenzie, ©Paper Excellence
10 Oct 2018 − 

Paper Excellence Canada has entered into an agreement to acquire Catalyst Paper Corp., Richmond, BC, for an undisclosed sum.

Canadian company Catalyst Paper has 1,500 employees and manufactures approximately 1.3 million tpy of pulp and paper products in three locations in British Columbia, Canada. It also operates a distribution centre in Surrey, British Columbia. Paper Excellence will take over all four operations as well as Catalyst Paper’s headquarter in Richmond, BC.

Paper Excellence Canada has 1,300 employees and can produce approximately 1.6 million tpy of pulp.

The agreement is subject to regulatory review and approvals.

Find the full article in EUWID Pulp and Paper issue no 42/2018, which will be available to our e-paper and print subscribers as of 17 October.

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