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Catalyst Paper Operations company history timeline

2000

In 2000, Norwegian paper company Norske Skog purchased all of Fletcher Challenge’s pulp and paper assets and the company name changed to Norske Skog Canada Limited.

2001

The size of the company doubled in 2001 with the acquisition of Pacifica Papers – operator of paper facilities previously owned by MacMillan Bloedel - and the merged operation assumed the name NorskeCanada.

2003

In 2003, Newstech Recycling was acquired to in-source the supply of de-inked pulp.

2005

In 2005 the business was renamed Catalyst Paper to clearly differentiate the company with customers and to accurately reflect the capital ownership structure.

2006

In 2006, Third Avenue Management acquired approximately 38% of the company’s stock following the exit of Norske Skog as a major shareholder.

2008

In 2008, Catalyst acquired the Snowflake Mill, a 100% recycled paper production facility in northern Arizona, significantly increasing its recycled paper production capacity.

2012

Catalyst undertook a debt restructuring process in 2012, with the benefit of the cooperation of creditors, employees, operating communities and other stakeholders.

2015

In 2015, Catalyst expanded into Mid-Western and Eastern United States by purchasing two of NewPage Corporation's pulp and paper mills in Rumford, Maine and Biron Wisconsin.

2018

In 2018 (June 29), Catalyst completed the sale of the company’s United States operations to ND Paper, a wholly owned subsidiary of Nine Dragons Paper.

2019

In 2019, Paper Excellence Canada finalized the acquisition of Catalyst Paper Corporation on March 15, 2019.

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Founded
2000
Company founded
Headquarters
Rumford, ME
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Catalyst Paper Operations may also be known as or be related to Catalyst Paper Operations Inc. and Catalyst Paper Operations Inc.