Catalyst Paper manufactures diverse specialty mechanical printing papers, newsprint and pulp. Its customers include retailers, publishers and commercial printers in North America, Latin America, the Pacific Rim and Europe. With three mills, located in British Columbia, Catalyst has a combined annual production capacity of 1.5 million tonnes. The company is headquartered in Richmond, British Columbia, Canada and trades on the Toronto Exchange under the symbol CYT. The company is ranked by Corporate Knights magazine as one of the 50 Best Corporate Citizens in Canada.
Sector:Forest and Paper Products
Employees:1,000 - 5,000
GRI Community:Not provided
Stock listing code:CYT
HQ Address: 2nd Floor, 3600 Lysander Lane Richmond, British Columbia, Canada V7B 1C3
HQ City: Richmond, British Columbia
Contact person: Barbara Kelso
Economic weakness worldwide, coupled with declining demand for printing papers as content migrates to digital platforms, creates a highly competitive market. Weakness in the underlying fundamentals is reflected in an extended period of industry-wide restructuring and consolidation of the value chain. Having exceeded a 70 per cent absolute reduction in GHG emissions at its Canadian operations (1990 baseline) Catalyst faces the risk of having to implement costly reduction measures, given inadequate domestic and international policy recognition for such early action. Catalyst also faces cost and supply pressures due to currency volatility, trade tariffs, and related input constraints.
Catalyst manufactures mechanical printing papers and pulp. Products originate at low-carbon Canadian mills using primarily third-party certified fibre. Recognizing consumer and business-customer desire for products with a lighter environmental impact, the company offers select products under its Sage marketing program. The company has a track record of cost efficiency â€“ combined with quality, distribution and service excellence â€“ factors required to compete successfully in a smaller global printing papers market. Effective NGO partnerships, coupled with experience in carbon-neutral energy generation using biomass, represent further opportunity.