RICHMOND, BC, May 24, 2011 /CNW/ - Catalyst Paper (TSX: CTL) today
indicated that total downtime at its Powell River and Snowflake mills
in the second quarter is expected to be 25 days rather than 14 days as
previously announced. In addition, a cable equipment tray fire at the
Powell River mill late Friday afternoon will idle the mill's No. 9
paper machine until late this week and the No. 10 paper machine until
late next week as repairs are completed.
At Powell River, the total mill outage in May was increased from five to
10 days to enable additional repairs and testing of equipment in the
main steam line serving the mill's operations. The outage also
permitted the mill to complete the necessary tie-ins for the G12 energy
project preventing further impacts on the mill's operation later in the
year. The $12 million G12 project is funded through credits from the
Federal government's Green Transformation Program.
As previously announced, three factors at Snowflake - limited
availability of affordable waste paper, a total mill planned
maintenance outage and a storage yard fire - have increased mill
downtime by six days in the quarter over the earlier forecast of nine
Catalyst Paper manufactures diverse specialty printing papers, newsprint
and pulp. Its customers include retailers, publishers and commercial
printers in North America, Latin America, the Pacific Rim and Europe.
With four mills located in British Columbia and Arizona, Catalyst has a
combined annual production capacity of 1.9 million tonnes. The company
is headquartered in Richmond, British Columbia, Canada and its common
shares trade on the Toronto Stock Exchange under the symbol CTL.
Catalyst is listed on the Jantzi Social Index® and is also ranked by
Corporate Knights as one of the 50 Best Corporate Citizens in Canada.
SOURCE Catalyst Paper Corporation
For further information:
Vice President, Corporate Relations