Catalyst Paper Announces Successful Completion of ReorganizationSeptember 13, 2012
Marshall further noted, “the court-appointed Monitor, PricewaterhouseCoopers, also played a vital role in the achievement of this well-balanced result.”
Additional information regarding the Amended Plan and the company is contained on the Monitor’s website.
Catalyst Paper manufactures diverse specialty mechanical printing papers, newsprint and pulp. Its customers include retailers, publishers and commercial printers in North America, Latin America, the Pacific Rim and Europe. With four mills, located in British Columbia and Arizona, Catalyst has a combined annual production capacity of 1.8 million tonnes. Capacity will be 1.5 million tonnes upon closure of the mill in Snowflake, AZ effective September 30, 2012. The company is headquartered in Richmond, British Columbia, Canada and is ranked by Corporate Knights magazine as one of the 50 Best Corporate Citizens in Canada.