News Archive: November 2007

Elk Falls paper machine curtailment extended through Q1

Vancouver, BC – Catalyst Paper's Elk Falls mill at Campbell River continues to be affected by the lingering effects of the coastal fibre strike and the deteriorating US lumber market. These factors have combined to slow the restart of coastal sawmills and constrain fibre supply.

As a result, the Elk Falls No. 1 paper machine, which was curtailed in September due to the strike-related fibre shortage, will remain down for the first quarter of 2008. This will reduce the company's newsprint production by 38,000 tonnes to the end of March.

Capital spending to focus on maintenance of business

Vancouver, BC - Catalyst Paper announced today that its program of high return capital projects will be largely complete in 2007 and capital spending is expected to return to basic maintenance levels in 2008.

Capital spending to the end of the third quarter was $68 million and is expected to reach approximately $90 million by year end, similar to the previous two years.

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