Our news releases for 5 most recent are listed below. Please choose from our drop-down list if you wish to select news releases for other years.
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TuesdayApril 29, 2008
Catalyst mills restructure as fibre, cost pressures intensify
Catalyst Paper announced today that workforce reductions will occur at its two largest mills as the company adjusts to rising input costs and a relentless fibre shortage made worse by recent sawmill closures.
Q1 Quarterly Results [pdf: 257kb]
ThursdayApril 10, 2008
Catalyst completes acquisition of Snowflake newsprint mill and Subscription Receipts exchanged for Common Shares
Catalyst Paper Corporation (TSX:CTL) has completed its US$161 million acquisition of the recycled newsprint mill in Snowflake, Arizona.
Catalyst appointments reflect manufacturing focal points
Concurrent with the finalization of its acquisition of the recycled newsprint mill in Snowflake, Arizona, Catalyst Paper Corporation (TSX:CTL) is adjusting its executive portfolios to align leadership with more efficient segmentation of the company’s manufacturing operations.
TuesdayApril 8, 2008
Catalyst Rights Offering Oversubscribed
Catalyst Paper Corporation (TSX:CTL) announced today that its Rights Offering, which expired at 5:00 p.m. (Toronto time) on April 7, 2008, was 27% oversubscribed.
TuesdayApril 22, 2008
Metro Waste Paper Recovery earns Catalyst recognition
Catalyst Paper’s Paper Recycling Division (PRD) named Metro Waste Paper Recovery as the recipient of its 2007 Supplier of the Year award, choosing Earth Day to announce the award. Metro Waste is the only supplier to have earned this recognition for the third time.
WednesdayFebruary 13, 2008
Catalyst approves $12M capital project at Port Alberni mill
Catalyst Paper (TSX:CTL) announced a $12 million capital upgrade and the restart, by mid-year, of the No. 4 paper machine at its Port Alberni mill.
MondayFebruary 11, 2008
Catalyst to acquire Snowflake mill from AbitibiBowater and to proceed with C$125 million Rights Offering
Catalyst Paper Corporation (TSX:CTL) today announced that it has entered into a definitive agreement with a subsidiary of AbitibiBowater to acquire its Snowflake Arizona recycled newsprint mill for a total consideration of US$161 million in cash.
TuesdayJanuary 22, 2008
Sawmill production curtailment prompts 9-day pulp shut at Elk Falls
Catalyst Paper’s Elk Falls mill at Campbell River continues to feel the effects of coastal fibre constraints as sawmills reduce production levels due to weakening US lumber markets.