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 […]
Tag Archives: Mario Plourde
21
Jul
Jul
Cascades announced the appointment of Jérôme Porlier as the new President and COO of Cascades Specialty Products Group (SPG), effective July 1, 2023. Porlier succeeds Luc Langevin, who after more than 12 years as the head of SPG is gradually heading towards retirement. Langevin will continue to be responsible for Cascades Recovery+ (CR+) and will […]
13
May
May
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 […]
05
May
May
Cascades inc. announces that it has produced its first roll of 100% recycled containerboard at its Bear Island, Virginia mill. With annual production capacity of 465,000 short tons of lightweight, high-quality, 100% recycled containerboard, the state-of-the-art mill is equipped to perform within the top quartile of its industry, and will strengthen the operational flexibility, geographic […]
20
Feb
Feb
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 […]
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 […]