Press releases

Rayonier Advanced Materials to Acquire Tembec, Creating a Diversified Global Leader in High Purity Cellulose, Packaging, Paper, High-Yield Pulp and Forest Products

May 25, 2017

Immediately accretive to Rayonier Advanced Materials while delivering a significant premium at C$4.05 per share to Tembec shareholders Combined company approximately US$2 billion in revenue and US$400 million in EBITDA including full synergies Company to benefit from enhanced scale and projected combined cost synergies of US$50 million, to be achieved over 3 years Complementary products, ...

Tembec reports financial results for its second fiscal quarter ended March 25, 2017

May 2, 2017

Montreal, Quebec - Consolidated sales for the three-month period ended March 25, 2017, were $387 million, as compared to $380 million in the same quarter a year ago. The Company generated net earnings of $24 million or $0.24 per share in the March 2017 quarter compared to net earnings of $27 million or $0.27 per share in the March 2016 quarter. The prior year quarter ...

Tembec to hold a conference call – Financial results for the second fiscal quarter ended March 25, 2017

April 25, 2017

Montreal, Quebec – Tembec’s second fiscal quarter results for the period ended March 25, 2017, will be released on Tuesday, May 2, 2017. James Lopez, President and Chief Executive Officer and Michel Dumas, Executive Vice President, Finance and Chief Financial Officer will be conducting a conference call intended for financial analysts and institutional investors. The conference call is schedule...

Tembec to attend RBC Lumber and OSB Conference in Toronto

March 27, 2017

Montreal, Quebec – Tembec’s President and Chief Executive Officer, James Lopez, and the Company’s Vice President, Business Development, Marcus Moeltner, will be participating in the RBC Lumber and OSB Conference to take place in Toronto, on Wednesday, March 29, 2017. As part of the information presented to investors, Tembec executives will be outlining new and updated 3-year objectives for adjuste...

Tembec announces $136 million investment in Québec to improve competitiveness

March 24, 2017

Montréal, Québec – Tembec announced today a four-year $136 million capital investment program in its Québec facilities to improve competitiveness, centered on its specialty cellulose pulp operation at the Temiscaming manufacturing site. Tembec is a leading global producer of specialty cellulose – processed from wood pulp – used to bind, strengthen, thicken and generally improve a great many produc...

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