Company at a Glance

Earnings
(Quarter ended June 30, 2010)

Annual Production Capacity

Sales: $299.4 million Total: 2.0 million tonnes
Net Earnings (Loss)
  attributable to the Company
$(368.4) million Paper: 1.6 million tonnes
EBITDA: $(0.4) million Pulp: 0.4 million tonnes
Operating Earnings (Loss): $(323.9) million  
Assets: $1.8 billion  
 

Shares Listed

Mills

Common Shares (Symbol: CTL)
The Toronto Stock Exchange

Manufacturing: Crofton,
Port Alberni, Powell River, Snowflake

Corporate Headquarters

Employees (end of 2009)

Richmond, BC, Canada

Approximately 1,850

Shareholders

 

Third Avenue Management holds approximately
34% of Catalyst common stock as the single
largest shareholder.

 

Industry Position

  • Largest producer of mechanical printing papers in western North America, and fourth largest on the continent
  • Only producer of lightweight coated paper in western North America
  • One of the largest producers of directory papers in the world

2010 Capacity (tonnes)

Mill Location  Paper Machines Uncoated Mechanical Light Weight Coated Directory Newsprint Market Pulp
Crofton, BC 3 - - 183,000 234,000 403,000
Port Alberni, BC 2 - 231,000 112,000 - -
Powell River, BC 3 368,000 - - 104,000 -
Snowflake, AZ 2 65,000 - - 281,000 -
Total Capacity   433,000 231,000 295,000 619,000 403,000

Primary Markets

2009 geographic sales distribution

  • United States: 66%
  • Canada:  13%
  • Asia and Australasia: 12% 
  • Latin America: 7%
  • Europe and Other: 2%

Product End Uses

Paper

  • Books
  • Brochures
  • Catalogues
  • Newspapers
  • Comics/Graphic Novels
  • Direct Mail
  • Directories
  • Flyers
  • Inserts
  • Magazines
  • Manuals
  • Newsletters
  • Newspapers
  • Posters
  • Digital Printing
  • Greeting Cards
  • Leaflets
  • Reports
  • Yellow Pages

Pulp

  • Tissue
  • Printing and writing papers
  • Lightweight publication grades and specialty products

 

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Catalyst at a Glance226.17 KB

Recent News

Thursday, July 29, 2010

Richmond, BC – Catalyst Paper (TSX:CTL) today announced several changes to its board of directors which take effect July 30, 2010.

Assuming the role of chairman is Benjamin Duster IV, former chairman of Algoma Steel. Mr. Duster joined the Catalyst board in December 2007 bringing 20 years of Wall Street experience. He is a graduate of Harvard Business and Harvard Law Schools and was admitted to the Illinois Bar in 1985. Mr. Duster is a director on several corporate boards including Jazz Air Holding GP Inc.

Thursday, July 29, 2010

Richmond, (BC) – Catalyst Paper (TSX:CTL) recorded a net loss of $368.4 million ($0.96 per common share) on sales of $299.4 million for the second quarter of 2010. Results were significantly impacted by after-tax impairment and closure costs of $302.0 million on the permanent closure of the Elk Falls and Paper Recycling Divisions. The net loss before specific items was $43.9 million ($0.11 per common share) compared to $37.6 million ($0.10 per common share) in the previous quarter. Specific items included a $21.3 million after-tax foreign exchange loss on the translation of long-term debt.

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