Paper Excellence Canada to indefinite curtail paper operations at its Catalyst Crofton mill
Paper Excellence Canada 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.