Cascades Inc. has concluded an agreement with Rock-Tenn Recycling Company, by which it purchases a paper recycling facility in Montreal, Canada, as well as all associated collection contracts as well as certain other assets.
This recovery plant has an annual capacity of about 25,000 metric tons. The acquisition of this plant represents a further step of Cascades' business plan which aims to increase the volume of waste papers recovered directly by the company and used by its manufacturing units.
At the present time, Cascades recycles more than two million tons of paper and board annually, supplying the majority of its fiber requirements and operates, directly or indirectly through affiliates, 21 recovery centers located across Canada and in northeastern United States.Latest from Recycling Today
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