Paper Excellence Canada to Indefinitely Curtail Paper Operations at Catalyst Crofton Mill

Paper Excellence Canada
January 25, 2024
Category: Business & Politics
Region: Canada

Paper Excellence Canada today announced the indefinite curtailment of paper operations at the Catalyst Crofton facility located on Vancouver Island, BC. Market dynamics, inflationary pressures on raw materials, energy cost opportunities, and a lack of local domestic fibre supply resulted in substantial increases in operating costs. These pressures have materially impacted the current and future financial viability of the paper operation. …“We recognize the difficulty this decision has placed on both our employees and the Cowichan Valley community,” said Blair Dickerson, VP, Public Affairs. “We will work to minimize negative impacts wherever possible.” The mill’s pulp operations, which supports approximately 400 employees, will continue production during the indefinite paper curtailment. Going forward, the Crofton team will focus on making the remaining pulp operations cost competitive and aligned with our overall business strategies and direction.

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