Catalyst Paper announced recently that it has begun a sale process for its Snowflake mill and associated assets in accordance with the US Court-approved sale and investor solicitation procedures (SISP).
The Snowflake facility is located in the foothills of the White Mountains in northeastern Arizona. The assets for sale under the sale process include the equipment and other assets associated with the paper mill, approximately 19,000 acres of land and The Apache Railway Company.
The Snowflake Mill produces 100% recycled newsprint and specialties papers on two paper machines. The mill has an annual capacity to produce 281,000 tons of newsprint and 65,000 tons of specialties.
