NorskeCanada has officially changed its name to Catalyst Paper Corporation. A vote by shareholders declared 99 per …
NorskeCanada has officially changed its name to Catalyst Paper Corporation. A vote by shareholders declared 99 per cent support of the change.
The company will start using the new designation immediately and on October 6th, it will trade under a new ticker symbol, CTL, on the TSX.
“We are an independent company and it’s time we had a name that is uniquely our own,” said president and chief executive officer Russell J. Horner. “Catalyst is a good description of the way we operate and is a recognized trademark as the product brand we used to successfully market our directory papers around the world.”
The company first gave notice of the proposal to change its name in late July following a decision in June to dissolve a joint venture North American specialty marketing arrangement between NorskeCanada and NorskeSkog ASA effective October 1st.
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