User:MaggieBC/sandbox
| Company type | Private |
|---|---|
| Industry | Pulp and Paper |
| Founded | 2007 |
| Headquarters | , |
Key people | Jackson Widjaja (Owner) |
| Website | www.paperexcellence.com |
Paper Excellence is a privately-held manufacturer of pulp and specialty, printing, writing, and packaging papers with operations in Canada and Brazil. The company is financially based in the Netherlands with its headquarters in Richmond, British Columbia. It is the second largest pulp and paper producer in Canada.[1]
History[edit]
Paper Excellence was founded in 2007 by its sole owner, Jackson Widjaja.[1] That year the company purchased a pulp mill in Meadow Lake, Saskaatchewan, the first of many acquisitions in Canada.[2] By 2010, Paper Excellence owned four pulp mills in British Columbia, as well as mills in Saskaatchewan, Nova Scotia and Alberta.[3]
In 2013, the company bought a pulp mill in Skookumchuck, B.C. from Tembec Inc.[4] By 2015, Paper Excellence had become the second-largest pulp and paper producer in Canada with 7 mills in Canada and 3 in Europe.[1]
In 2017, Paper Excellence expanded their presence to Brazil with the purchase of Eldorado Brasil Cellulose SA.[2] In 2018, the company purchased British Columbia-based Catalyst Paper Corp. Following that purchase, Paper Excellence had the capacity to produce two million tons of pulp a year.[5]
References[edit]
- ^ a b c Bennett, Nelson (12 May 2015). "Chetwynd mill restart caps company buying spree". Business in Vancouver. Retrieved 17 November 2020.
- ^ a b Magalhaes, Luciana (2 September 2017). "JBS Holding Company Sells Paper-Pulp Maker Amid Scandal". The Wall Street Journal. Retrieved 18 November 2020.
- ^ St. Denis, Jen (7 May 2014). "Paper Excellence plans to restart Chetwynd mill in July". Business in Vancouver. Retrieved 2 December 2020.
- ^ "Tembec sells B.C. pulp mill to Paper Excellence Canada Holdings Corp. for $89M". The Canadian Press. 26 March 2013. Retrieved 30 November 2020.
- ^ "Catalyst Paper agrees to sell its mills to Paper Excellence". The Globe and Mail. 9 October 2018. Retrieved 2 December 2020.
Category:Pulp and paper companies of Canada Category:Forestry in Canada
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