{"id":47119,"date":"2023-08-11T05:57:28","date_gmt":"2023-08-11T09:57:28","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/cascades-shutters-oregon-tissue-plant-amid-lower-demand-for-brown-recycled-products\/"},"modified":"2023-08-11T05:57:30","modified_gmt":"2023-08-11T09:57:30","slug":"cascades-shutters-oregon-tissue-plant-amid-lower-demand-for-brown-recycled-products","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=47119","title":{"rendered":"Cascades Shutters Oregon Tissue Plant Amid Lower Demand for Brown Recycled Products"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"MW-BT-CO-20230810-709519\" role=\"document\">\n<p>By Adriano Marchese<\/p>\n<pre><\/pre>\n<p>Canadian packaging and tissue products company Cascades said Thursday that it will close its Oregon tissue plant, shutting down its operations there effective October.<\/p>\n<p>The closure will affect the 75 employees at the St. Helens facility and Cascades said that it will attempt to relocate any staff to other business units it has in the country.<\/p>\n<div class=\"paywall\">\n<p>This is the second paper machine at the St. Helens plant that Cascades is taking offline, and with it comes the complete shutdown of the entire facility.<\/p>\n<p>Chief Operating Officer Jean-David Tardif said market conditions on the West Coast over the past few months had seen significant declines in demand for brown recycled products specifically manufactured at the facility.<\/p>\n<p>The annual capacity of the machine is 50,000 short tons of brown fully-recycled tissue paper but Cascades noted that these tons are not integrated into the Cascades network, so the closure won&#8217;t affect its other operations.<\/p>\n<pre><\/pre>\n<p>Write to Adriano Marchese at adriano.marchese@wsj.com<\/p>\n<pre><\/pre>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/cascades-shutters-oregon-tissue-plant-amid-lower-demand-for-brown-recycled-products-e8f622bb?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Adriano Marchese Canadian packaging and tissue products company Cascades said Thursday that it will close its Oregon tissue plant, shutting down its operations there effective October. The closure will affect the 75 employees at the St. Helens facility and Cascades said that it will attempt to relocate any staff to other business units it [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-47119","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cascades Shutters Oregon Tissue Plant Amid Lower Demand for Brown Recycled Products | iFintechWorld<\/title>\n<meta name=\"description\" content=\"By Adriano Marchese Canadian packaging and tissue products company Cascades said Thursday that it will close its Oregon tissue plant, shutting down its\" \/>\n<meta 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