Pioneer Announces New Union Contract at Its Becancour, Quebec Plant
May 04 2006 - 3:56PM
PR Newswire (US)
HOUSTON, May 4 /PRNewswire-FirstCall/ -- Pioneer Companies, Inc.
(NASDAQ:PONR) announced today that a new collective bargaining
agreement was ratified by the union representing the approximately
127 production and maintenance employees at its Becancour, Quebec
manufacturing site. The new agreement with the Communications,
Energy, and Paperworkers Union, is effective May 1, 2006 and will
expire on May 1, 2012. Michael Y. McGovern, the Company's Chairman,
President and Chief Executive Officer, stated, "Management is very
pleased that our Becancour union employees have ratified the
agreement. The new six-year agreement demonstrates the positive
labor-management relationship that exists at Becancour. It also
shows the commitment all Pioneer employees have to meet the needs
of our customers and to promote Pioneer as a reliable supplier of
our chlor-alkali products. I thank the union leadership and members
for their understanding of our business needs." Pioneer, based in
Houston, manufactures chlorine, caustic soda, bleach, hydrochloric
acid and related products used in a variety of applications,
including water treatment, plastics, pulp and paper, detergents,
agricultural chemicals, pharmaceuticals and medical disinfectants.
Pioneer owns and operates four chlor-alkali plants as well as other
downstream manufacturing facilities in North America. Certain
statements in this news release are "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act.
Forward- looking statements relate to matters that are not
historical facts. Such statements involve risks and uncertainties,
including, but not limited to, the risks and uncertainties
described in Pioneer's filings with the Securities and Exchange
Commission. Actual outcomes may vary materially from those
indicated by the forward-looking statements. DATASOURCE: Pioneer
Companies, Inc. CONTACT: Gary Pittman of Pioneer Companies, Inc.,
+1-713-570-3200 Web site: http://www.piona.com/
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