Cascades Inc. (Cascades) is a collector and processor of recycled papers in Canada, as well as a major converter of corrugated packaging containers, folding cartons, tissue and several specialized products. The Company’s operations are managed by four segments: boxboard, containerboard, specialty products (which consists of the packaging products group) and tissue papers. Through its extensive recovery network composed of 21 sorting centers, Cascades processes and brokers approximately 1.4 million short tons of recycled fibers annually. It is also a primary North American tissue paper producer. Cascades also owns a 34% equity investment in Boralex Inc. (Boralex), a renewable energy producer, as well as a 33% equity investment in reno de medici, a coated recycled boxboard producer in Europe.