Paper Excellence Canada announced the indefinite curtailment of paper operations at the Catalyst Crofton facility located on Vancouver Island, British Columbia, Canada.
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.
This decision affects approximately 75 employees.
The mill’s pulp operations, which supports approximately 400 employees, will continue production during the indefinite paper curtailment.
Paper Excellence Canada will continue to supply our customers with products typically made at Crofton from other mills within the Paper Excellence Group where possible. The company remains fully committed to growing the specialty business.
Paper Excellence Canada thanks both federal and provincial governments for their efforts to support Catalyst Crofton’s paper operations. The company will respect the terms and conditions of all contribution agreements affected by this indefinite curtailment and will work with the appropriate government agencies on the next steps.
Paper Excellence Canada, headquartered in British Columbia, is a diversified manufacturer of pulp and specialty, printing, writing, and packaging papers in Canada with a production capacity of over 2.5 million tonnes annually.
