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Paper Excellence indefinitely halts Catalyst Crofton paper production on Vancouver Island due to rising costs & market pressures, impacting 75 employees.
Pulp and paper giant Paper Excellence has indefinitely halted paper-producing operations at the Catalyst Crofton facility on Vancouver Island.
The company cited the following reasons for the decision: market dynamics, inflationary pressures on raw materials, energy cost opportunities, and a lack of local domestic fibre supply, which have resulted in substantial increases in operating costs.
The curtailment affects around 75 employees and their community.
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Paper Excellence detiene indefinidamente la producción de papel Catalyst Crofton en la isla de Vancouver debido al aumento de los costos y las presiones del mercado, lo que afecta a 75 empleados.