Paper Excellence Canadawelcomes Catalyst Paper
Paper Excellence Canada(PEC), Richmond, BC, has finalized the acquisition of Catalyst Paper Corp. including thethree facilities in Crofton, PortAlberni and Powell River, itsSurrey distribution centre andheadquarters in Richmond; allare in British Columbia.
“This acquisition is a continued step towards Paper Excellence Canada’s long-termgrowth plan within Canada’spulp and paper industry andclearly demonstrates its commitment to the province ofBritish Columbia,” said BrianBaarda, PEC’s CEO. “Togetherthese combined operations willimprove efficiency and sustainability in the forest industry inBritish Columbia and Canada.”
The move expands PEC’sproduct range to include printing papers, specialty and packaging papers and increasedpulp production to serve customers worldwide.
PEC manufactures NBSKpulp for the paper and tissueindustry, and BCTMP forprinting, board and packaging,for export to the Asian market.
Catalyst manufactures 1.3million tonnes of pulp andpaper products which includeNBSK pulp, industrial packaging, food service, coatedgroundwood, newsprint anddirectory papers. PEC hasevolved from a new entrant inthe pulp industry less than adecade ago to being among oneof Canada’s larger pulp producers. It is ultimately owned byAsia Pulp and Paper.