About Cascades

Cascades Inc. and its subsidiaries produce, convert, and market packaging and tissue products composed mainly of recycled fibres. In 2020, including its 57.6% owned subsidiary, Reno De Medici S.p.A. (RdM), the company consumed approximately 4.2 million short tons of fibre. The company sources its supply of recycled fibre through its own recovery network, as well as through mid- to long-term agreements with independent suppliers. The company sources its supply of wood fibre and pulp through contractual agreements with independent sawmills, timberland owners and pulp producers. The company conducts its business principally through four reporting groups in two operating sectors, namely: The Packaging Products sector, which includes: The Containerboard Packaging Group, a manufacturer of containerboard and leading converter of corrugated products in North America; The Boxboard Europe Group, mainly a manufacturer of premium coated recycled and virgin boxboard in Europe; and The Specialty Products Group, which manufactures industrial and consumer packaging products. The Tissue Papers sector, which includes the Tissue Group, a manufacturer and converter of tissue papers for the Away-from-Home and consumer products markets. The company has 85 operating units located in Canada, the United States and Europe. Packaging Products Sector Containerboard Packaging Group The Containerboard Packaging Group operates six linerboard and corrugated medium mills and nineteen converting plants across Canada and the Northeastern United States. The mills have a combined annual production capacity of 1,565,000 short tons, of which 53% is linerboard and 47% is corrugated medium. In 2020, approximately 56% of the mills output was converted by the Group’s converting facilities. The Group produces a broad range of products for regional and national customers in a variety of industries, including food, beverage and consumer products. This Group sells its products via its own sales force and external representatives when needed for export purposes. Boxboard Europe Group RdM operates six recycled boxboard mills with an annual production capacity of 1,095,000 metric tonnes, one virgin boxboard mill with an annual production capacity of 165,000 metric tonnes and three sheeting centers. Specialty Products Group The Specialty Products Group operates in two main sub-segments, namely industrial packaging and consumer product packaging. This Group operates eighteen sites in North America and three distribution centers in the United States. Industrial Packaging The Industrial Packaging sub-segment is active in four markets, such as specialty containers, structural components and paperboard, fibre composites and protective packaging. One plant produces uncoated recycled paperboard (URB) using 100% recycled fibres. The URB produced is mainly used by packaging converters and industrial users of headers and wrappers for the paper industry, as well as partitions used as protective packaging. Four plants in Québec and in the United States manufacture honeycomb paperboard for food, industrial and commercial packaging, as well as partitions, mostly for the beer, wine and spirits industry. One facility manufactures laminated paperboard that is used in the food packaging and furniture backing industries. Products are sold in Canada and the United States. Four plants in Québec and in the United States convert paper and cardboard into packaging, mainly for the paper and food industries, through the company’s joint venture with Sonoco Products Company. Consumer Product Packaging The Consumer Product Packaging sub-segment designs and manufactures packaging for fresh foods, catering to the food processing, retailing and quick-service restaurant industries. Four plants manufacture egg filler flats for egg processors and four-cup carriers for the quick-service restaurant industry using 100% recycled material. Two facilities manufacture polystyrene foam trays for processors and retailers in the food industry. Another plant manufactures rigid plastic packaging, primarily for the food industry, processors, and retailers. A facility specializes in the manufacturing of flexible film for packaging mainly for customers in the frozen foods, bakery, and ice industries. This sub-segment has sales in both Canada and the United States. Three distribution centers in the United States are owned or operated through a majority interest in Falcon Packaging, a distributor dedicated to the egg industry. Tissue Papers Sector Tissue Group The Tissue Group manufactures, converts and markets a wide variety of tissue paper products intended for the Away-from-Home and consumer products markets. The Group operates four manufacturing facilities, seven converting facilities, and six facilities with both manufacturing and converting activities. The Group markets and sells its lines of bathroom tissue, facial tissue, paper towels, paper hand towels, paper napkins and other related products and services under the Cascades PRO brand in both the Canadian and American Away-from-Home markets. Cascades PRO markets and sells its lines under the five brand names of Cascades PRO Signature, Cascades PRO Perform, Cascades PRO Select, Cascades PRO Tandem, Cascades PRO TuffJob, and expensive private label programs. In the consumer products market, lines are principally marketed under private labels and under the Cascades Fluff, Cascades Tuff, and Satin Soft labels in Canada; and under the Virtue and Tackle labels and other secondary marks in the United States. Products are sold principally through a direct sales force and are delivered by truck. Recovery and Recycling The recovery and recycling sub-segment provides services to recover and process discarded materials for the municipal, industrial, commercial and institutional sectors. Services are offered across Canada and the Northeastern United States through eighteen recovery facilities. In 2020, this sub-segment processed, brokered and bought over 3.0 million short tons of fibre through its recovery facilities. Customers The company’s customers include Fortune 500, medium and small-sized companies that operate across a broad range of industries. History Cascades Inc. was founded in 1964. The company was incorporated under the laws of the province of Québec in 1964.