October 31, 2014 6:27 PM ET

Paper and Forest Products

Company Overview of Catalyst Paper Corporation

Company Overview

Catalyst Paper Corporation, together with its subsidiaries, produces and sells mechanical printing papers in western North America. The company operates through three segments: Specialty Printing Papers, Newsprint, and Pulp. The Specialty Printing Papers segment provides coated mechanical, uncoated mechanical, directory, and soft-calendared mechanical papers for retailers, commercial printers, and telephone directory publishers, as well as magazine and catalogue publishers. This segment sells its products through marketing personnel in North America, as well as through distributors and agents in other geographic markets. The Newsprint segment provides newsprint primarily for newspaper publis...

3600 Lysander Lane

2nd Floor

Richmond, BC V7B 1C3


Founded in 1946

1,550 Employees





Key Executives for Catalyst Paper Corporation

Chief Executive Officer
Age: 49
Total Annual Compensation: $157.0K
Chief Financial Officer
Age: 47
Total Annual Compensation: $290.0K
Compensation as of Fiscal Year 2013.

Catalyst Paper Corporation Key Developments

Catalyst Paper Corporation Reports Earnings and Production Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Capital Expenditure Guidance for 2014

Catalyst Paper Corporation reported earnings and production results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported sales of CAD 283.5 million compared with CAD 273.4 million for the same period last year. Operating loss was CAD 3.9 million compared with CAD 12.0 million for the same period last year. Adjusted EBITDA was CAD 7.1 million compared with Adjusted LBITDA of CAD 0.6 million for the same period last year. Net loss attributable to the company was CAD 6.3 million or CAD 0.43 per basic and diluted per share compared with CAD 28.0 million or CAD 1.93 per basic and diluted per share for the same period last year. Free cash flow for the quarter was negative CAD 8.6 million. Capital expenditures were CAD 4.7 million this quarter, CAD 1.6 million higher than in first quarter. For the six months, the company reported sales of CAD 557.4 million, operating income was CAD 10.9 million, Adjusted EBITDA was CAD 32.8 million and Net loss attributable to the company was CAD 10.1 or CAD 0.70 per basic and diluted per share. For the quarter, sales were 356,500 tonnes against 346,600 tonnes for the same period a year ago. Production was 349,700 tonnes against 338,500 tonnes for the same period a year ago. For the six months, sales were 692,200 tonnes and production was 702,500 tonnes. For this year, The company expects capital spending in the range of CAD 20 million.

Catalyst Paper Corporation Presents at Jefferies 2014 Global Industrials Conference, Aug-14-2014 12:30 PM

Catalyst Paper Corporation Presents at Jefferies 2014 Global Industrials Conference, Aug-14-2014 12:30 PM. Venue: Grand Hyatt, 109 E. 42nd St., New York, New York, United States. Speakers: Joe Nemeth, Chief Executive Officer, President and Director.

Catalyst Paper Corporation Appoints Pierre A. Raymond to its Board of Directors

Catalyst Paper Corporation announced the appointment of Pierre A. Raymond as an independent director of the company, effective immediately. Mr. Raymond retired in May 2014 from Stikeman Elliott as a partner in the Montréal office. He served as Chair of the firm from 2006 to 2012 and as a member of the Partnership Board and the Executive Committee from 1997 to 2012.

Similar Private Companies By Industry

Company Name Region
Megantic Manufacturing Company Americas
Foresbec, Inc. Americas
Bowater Guerette Inc. Americas
Norsask Forest Products Inc Americas
Isobord Enterprises Inc. Americas

Recent Private Companies Transactions

October 30, 2014
Biron Paper Mill And Rumford Pulp And Paper Mill

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Catalyst Paper Corporation, please visit www.catalystpaper.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.