Reno De Medici - Cascades
Reno De Medici - Cascades
Reno De Medici - Cascades
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Q1 Q2 Q3<br />
Sale of<br />
Avot-Vallée mill<br />
YTD 2011 STRATEGIC HIGHLIGHTS<br />
Sale of Dopaco<br />
($400M)<br />
Increased<br />
ownership in<br />
<strong>Reno</strong> de <strong>Medici</strong><br />
Consolidation of<br />
N. England<br />
operations<br />
(closure of<br />
Leominster plant)<br />
Sale of<br />
Versailles &<br />
Hebron facilities;<br />
•Construction kick-off of the new, state-of-art, Greenpac containerboard mill.<br />
•Acquisition of the remaining 50% of Papersource shares, a leading tissue paper converter<br />
(effective November 2011).<br />
Greenpac<br />
announcement<br />
•Closure of Burnaby (BC) containerboard and divestiture of land and building mill for $20 million<br />
(effective October 2011).<br />
•Closure of Le Gardeur (QC) sheet plant (will be effective in Q4 2011).<br />
Challenging Market Evolution = Proactive measures = Improve profitability<br />
11
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