Cascades, a leader in the recovery and manufacturing of green packaging and hygiene products, is pleased to announce that it has purchased a new printing press at its Piscataway, New Jersey, corrugated packaging converting facility. “The purchase of an EVOL press, one of the fastest technologies in the world, will allow us to continue […]
Tag Archives: Mario Plourde
19
May
May
Cascades Inc. (TSX: CAS) reports its unaudited financial results for the three-month period ended March 31, 2022. Q1 2022 Highlights (comparative figures have been restated to reflect discontinued operations1) Sales of $1,038 million (compared with $1,028 million in Q4 2021 and $942 million in Q1 2021) As reported (including specific items) Operating income (loss) of […]
10
Jul
Jul
Cascades announces that it has entered into an agreement with an affiliate of funds to sell its 57.6% equity interest in Reno De Medici S.p.A. for an all-cash price of €1.45 per share, corresponding to a total net cash consideration of approximately €315.3 million. The selling price represents a 24% premium to RDM’s 90-day volume […]
09
Oct
Oct
Cascades Inc. announces plans to proceed with the strategic Bear Island mill conversion project located in Virginia. Subject to obtaining final permits, the currently idled newsprint machine will be converted to a 1st quartile containerboard machine capable of producing high-quality, lightweight, 100% recycled linerboard and medium for the North American market. To finance the […]