Catalyst Paper to Idle No. 1 PM at Crofton for 30 Days
Aug. 27, 2008 - Catalyst Paper said today that it will curtail production of the No. 1 paper machine at its Crofton Division for 30 days, beginning on September 14, removing approximately 11,000 tonnes of paper production.
The curtailment is being taken in response to reduced paper demand in the key U.S. market, where adverse economic conditions have resulted in reduced print advertising, Catalyst said.
"We are reviewing existing orders and inventories to address delivery commitments and maintain efficient operations during this curtailment," said president and CEO Richard Garneau.
Catalyst is a leading producer of specialty printing papers and newsprint, headquartered in Richmond, British Columbia, Canada. The company also produces market kraft pulp and owns western Canada's largest paper recycling facility. With six mills strategically located within western North America, Catalyst has a combined annual capacity of 2.8 million tonnes of production.
SOURCE: Catalyst Paper