Catalyst closes Coquitlam newsprint recycling mill
Catalyst announced it is closing its Coquitlam Newsprint recycling mill. Truly a sad day when a local recycling mill in our back yard cannot make ends meet.
There are seveal newsprint mills in the near vacinity (WA) that seem to be having trouble. Blue Heron is in Chapter 11 and its future is certainly up for discussion.
I belive it is certainly a sign of the times. Less advertising = thinner papers. Online media is certainly a reliable and easy source of news and I think the newspapers of the world certainly will face an up hill battle keeping us engaged and interested in reading print media. Newsprint itself might be a dying grade.
It will be interesting to see what happens in the next few months. Will Catalyst recover and be able to re open, or is it truly a shut down.
Although loosing a local mill is not positive, we still have plenty of markets to sell newsprint to. There are viable domestic mills purchasing newsprint and certainly export purchasors as well.
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