Richmond, BC – Catalyst Paper Corporation (“Catalyst” or the “Company”) announced today that Paper Excellence Canada Holdings Corporation (“Paper Excellence”) and Catalyst have entered into an agreement under which Paper Excellence has agreed to acquire all of the issued and outstanding shares of the Company.
Richmond, BC – Catalyst Paper is pleased with today’s favourable ruling from the U.S. International Trade Commission (USITC) that found Canadian newsprint exports to the United States do not cause or threaten injury to U.S. newsprint producers.
Richmond, BC – Catalyst Paper responded with disappointment today following the U.S. Department of Commerce’s final determination setting Catalyst’s countervailing duty rate at 3.38% and anti-dumping duty rate at 16.88% on Canadian exports of uncoated groundwood paper.
Richmond, B.C. – Catalyst Paper (“Catalyst”) announced today that it has completed the sale of the company’s U.S. operations to ND Paper LLC, a wholly owned subsidiary of Nine Dragons Paper, a Hong Kong Stock Exchange listed company, for proceeds of US$175 million as previously announced on May 25, 2018.
Richmond, BC – Catalyst Paper (“Catalyst”) announced today that it has entered into a Sales and Purchase Agreement with ND Paper LLC, a wholly owned subsidiary of Nine Dragons Paper (Holdings) Ltd.(“ND Paper”), a Hong Kong Stock Exchange listed company, for the sale of Catalyst’s U.S. operations to ND Paper for US$175 million.