KINGSEY FALLS, QC, Sept. 23, 2014 /CNW/ - Cascades announces that operations have resumed partially at the Greenpac and Niagara Falls containerboard mills following the fire that occurred in the exterior old corrugated containers (OCC) stock piles on Saturday. Both mills have begun shipping finished products manufactured prior to the fire. Production equipment at the Greenpac mill was not damaged during the fire and the mill is expected to resume normal production within next 48 hours. Start–up of the Norampac mill will not be determined until damage to the stock preparation equipment is fully assessed. Employees of both mills are now back to work to help out with various tasks in preparation for start-up.
Production at Norampac's box plants was unaffected by the unplanned shutdown of the two mills as Norampac was able to compensate containerboard demand with shipments from its other mills.
In commenting the situation, Marc-André Dépin, President and Chief Executive Officer for Norampac stated: "We wish to thank the firefighters, police crews, Mayor Dyster and our employees for the amazing work they accomplished despite heavy winds and challenging weather conditions".
Founded in 1964, Cascades produces, converts and markets packaging and tissue products that are composed mainly of recycled fibres. The Company employs close to 12,000 employees, who work in 100 production units located in North America and Europe. With its management philosophy, half a century of experience in recycling, and continuous efforts in research and development as driving forces, Cascades continues to deliver the innovative products that customers have come to rely on. Cascades' shares trade on the Toronto Stock Exchange, under the ticker symbol CAS.
Web site: www.cascades.com
Green by Nature Blog: http://blog.cascades.com/
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SOURCE: Cascades Inc.
Media: Hugo D'Amours, Vice-president communication and public affairs, Cascades Inc., Tel.: 819-363-5167, Mobile : 418-573-2348, [email protected]; Investors: Riko Gaudreault, Director, Investor Relations, Tel.: 514-282-2697, [email protected]; Source: Marc-André Dépin, President and Chief Executive Officer, Norampac, a Division of Cascades Canada ULC
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