Cascades announced a three-year partnership agreement with Tricentris. According to the announcement, as part of the deal, Tricentris will supply all of the cardboard recovered at its three sorting facilities: Lachute, Terrebonne and Gatineau to Cascades.
Over the next three years, 75,000 tonnes of cardboard obtained through selective collection and sorted by Tricentris will be transferred to Cascades. The material is sourced from the recycling bins of the 1.9 million Quebec province residents served by Tricentris.
Frédéric Potvin, General Manager of Tricentris, commented:
“Besides making total sense from an environmental standpoint, this deal, which is valued at more than CAD 10 million, will help to drive the local economy. With the two businesses’ Lachute operations just 11 kilometres apart, this partnership also minimizes the environmental footprint associated with transporting the materials. This added advantage is perfectly consistent with the values and vision of both Cascades and Tricentris.”
Earlier Cascades increased its ownership stake in Greenpac.
The company is a North American leader in the recovery, manufacturing and converting of green packaging and tissue paper products. The products are composed mainly of recycled fibres. Cascades employs almost 11,000 people at more than 90 production units in North America and Europe.