Tag Archives: Cascades Inc

Tissue World Miami 2024 announces key note speaker

Tissue World Miami announces its initial line up of confirmed speakers. Key note speaker will be Jean-David Tardif, President & COO of Cascades. Jean-David will join industry experts in providing both internal and external perspectives on tissue’s role in a rapidly evolving world, allowing you to navigate the path forward with informed insights. Tissue World […]

Cascades Announces the Death of Bernard Lemaire, a Great Entrepreneur and Builder

Cascades deeply regrets and is saddened to announce the death of one of its cofounders, Mr. Bernard Lemaire, at the age of 87. Bernard Lemaire was born in Drummondville, Québec in 1936. In 1960, he joined the family business of waste recovery, Drummond Pulp and Fiber. Four years later, under his impetus, and with the […]

Cascades reports results for the first quarter of 2023

Cascades Inc. has reported its unaudited financial results for the three-month period ended March 31, 2023. Q1 2023 Highlights: Sales of $1,134 million (compared with $1,135 million in Q4 2022 and $1,038 million in Q1 2022) Operating loss of $(80) million (compared with $(20) million in Q4 2022 and $(4) million in Q1 2022) Mario […]

Cascades to Permanently Shutdown the Corrugator at Its Belleville, Ontario Facility

Cascades announced the permanent shutdown of the corrugator at its Belleville facility, as part of the continuing optimization initiatives of the Corporation’s Containerboard Packaging platform in Ontario. Effective no later than December 2nd, the shutdown will provide the facility with a more sustainable business model by focusing its operations on converting activities as a high […]

SCA to Establish New Renewable Energy Reporting Segment

SCA said that it will introduce a new reporting segment — Renewable Energy — from January 1, 2023. The decision is in line with SCA’s stated ambition to grow and realize business opportunities in the renewable energy sector. SCA is one of Europe’s leading renewable energy producers. Twenty per cent of Sweden’s wind power capacity […]

Cascades Temporarily Shutdowns Tissue Machine at St. Helens, Oregon Mill

Cascades said that it is temporarily shutting down one of its two tissue paper machines at its St. Helens, Oregon facility due to structural issues of the building housing the machine. In a press release, Cascades said, “Following inspections carried out as part of its annual maintenance shutdown which began on September 11, it was […]

Cascades Revises Investment Total of Bear Island Machine Conversion Project

Cascades noted in its second quarter report that its strategic investment in a paper machine conversion project at its Bear Island paper mill in Ashland, Virginia, is progressing well despite the current environment of important cost inflation and delays in the completion of certain construction milestones due to labor and material availability. The project involves […]

SCA to increase kraftliner prices by €100 per tonne

SCA increases the prices on white and brown kraftliner in Europe by €100 per tonne. The new price is valid from April 1, 2022. – We see good demand in the market for kraftliner while supply is limited. Increased costs are evident and must be managed in order to safeguard stable supply of sustainable kraftliner, […]

Cascades to divest its equity interest in RdM Group

Cascades Inc. announces that the sale of its equity interest in Reno de Medici S.p.A. is now expected to be completed in the fourth quarter of 2021, versus previous expectations that it would close in the third quarter. The transaction is subject to the customary closing conditions, including the required merger control approvals. Founded in […]