Who bought Catalyst Paper?
Paper Excellence Canada
In 2019, Paper Excellence Canada finalized the acquisition of Catalyst Paper Corporation on March 15, 2019. This included Catalyst’s three mills located in Crofton, Port Alberni and Powell River, its Surrey Distribution Centre and headquarters in Richmond, BC.
Who owns the Crofton mill?
Catalyst Paper
Crofton Mill
| Location of Crofton Mill | |
|---|---|
| Industry | Pulp and paper |
| Products | Paper Newsprint Directory paper Northern bleached softwood kraft |
| Employees | 578 (2014) |
| Owner(s) | Catalyst Paper |
Who owns Powell River mill?
Powell River Mill is a pulp mill and paper mill located in the Canadian town of Powell River, British Columbia. Part of Catalyst Paper, the mill has three paper machines which produce 469,000 tonnes of newsprint and uncoated fine paper….Powell River Mill.
| Location of Powell River Mill | |
|---|---|
| Employees | 441 (2014) |
| Owner(s) | Catalyst Paper |
Who is the owner of Paper Excellence?
Jackson Widjaja
It is 100% owned by Jackson Widjaja, and the company is headquartered in Richmond. About 100 people work out of the Richmond headquarters. It employs more than 2,000 people directly across Canada, with mills in B.C., Saskatchewan, and Nova Scotia.
Is Catalyst a newspaper?
Catalyst Paper Corporation is a pulp and paper company based in Richmond, British Columbia. The mills mostly produce magazine paper and newsprint. The company was established as NorskeCanada in 2000, when Norske Skog bought the majority of Fletcher Challenge Canada with Elk Falls Mill and Crofton Mill.
Has Domtar been sold?
Domtar sold to Richmond-based Paper Excellence for close to $3 billion. It appears Domtar will be going private. The publicly-traded company, which owns the pulp mill in Kamloops, has been sold to Paper Excellence for about $3 billion. Reports indicate the deal is worth $2.8 billion.
How many pulp mills are in BC?
13 pulp facilities
B.C. currently operates 13 pulp facilities (nine in the interior, four on the coast) and five paper mills (one in the interior, four on the coast).
What’s the population of Powell River 2020?
Further information about the population structure:
| Age Groups (E 2020) | |
|---|---|
| 0-17 years | 3,224 |
| 18-64 years | 11,541 |
| 65+ years | 6,459 |
Who is Jackson Widjaja?
Teguh Ganda Widjaja is the father of Jackson Widjaja. As such, Jackson Widjaja basically grew up in the paper business. Instead of starting his business from scratch by building new mills, Jackson Widjaja started to purchase old, idle or underused mills in Canada.
Is water a catalyst?
This suggests that water acts as a catalyst for damaging the ring structure of THF initiated by electron ionization. Through high-level ab-initio calculations we found that the potential energy levels of various TSs are significantly modified by the water environment.
What is a catalyst in simple words?
catalyst, in chemistry, any substance that increases the rate of a reaction without itself being consumed. Enzymes are naturally occurring catalysts responsible for many essential biochemical reactions.
Is Powell River an island?
While located on the mainland and not an island by definition, Powell River is a community isolated by ocean and mountains and is only accessible by water (BC Ferries). Powell River is located on Highway 101 but driving the length of the highway requires two ferries before arriving at Horseshoe Bay in West Vancouver.
Is Paper Excellence owned by China?
Paper Excellence is owned by Jackson Widjaja, grandson of the late Eka Tjipta Widjaja, the Chinese-Indonesian billionaire who owned Asia Pulp and Paper, a subsidiary of Sinar Mas Group.
Who is buying Domtar?
Paper Excellence
Paper Excellence, a global manufacturer of pulp and printing, writing, specialty, and packaging papers, has acquired Domtar, the largest integrated producer of uncoated free-sheet paper in North America, for $55.50 per share. The all-cash transaction represents an enterprise value of approximately (US)$3 billion.
Who is the parent company of Catalyst Paper?
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.
What did the USITC say about Catalyst Paper?
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.
Where does Paper Excellence Group make their paper?
Sustainability(22) Uncategorized(2) Paper Excellence, headquartered in British Columbia, is a diversified manufacturer of pulp, printing and writing, packaging, and specialty paper that operates 8 facilities in Canada producing over 3 million tonnes annually with a workforce of over 3,000 strong. Latest News