May 17, 2013Montreal, Quebec – Tembec Inc. (“Tembec”) announced today the closing of the sale of its NBSK pulp mill and related assets located in Skookumchuck, British Columbia to Paper Excellence Canada Holdings Corporation (“Paper Excellence”). Total consideration for the transaction is $94.6 million, including $25.5 million in working capital. The purchase price remains subjec...
May 6, 2013Montreal, Quebec – Tembec supports the Guidelines for Sustainable Paper Products, released April 24 by GreenBlue, which provide the common language and framework the paper products industry needs to take practical and profitable steps toward sustainability. The Guidelines for Sustainable Paper Products is a joint effort of GreenBlue, a non-profit organization that equips business with the s...
April 29, 2013Montreal, Quebec - Consolidated sales for the three-month period ended March 30, 2013, were $407 million, unchanged from the same quarter a year ago. The Company generated a net loss of $26 million or $0.26 per share in the March 2013 quarter compared to a net loss of $14 million or $0.14 per share in the March 2012 quarter. The financial results for the most recent quarter inc...
Tembec to hold a conference call – Financial results for the second fiscal quarter ended March 30, 2013
April 22, 2013Montreal, Quebec – Tembec’s second fiscal quarter results for the period ended March 30, 2013, will be released on Monday, April 29, 2013. 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...
March 26, 2013Montreal, Quebec – Tembec Inc. (“Tembec”) announced today that it has reached an agreement to sell its NBSK pulp mill and related assets and liabilities located in Skookumchuck, British Columbia to Paper Excellence Canada Holdings Corporation (“Paper Excellence”) for a purchase price of $89 million, which includes working capital. Closing of the transaction is expecte...
(EST) - $2.91
(EST) - $2.91
Q&A with our CEO
Jim Lopez on where Tembec has been, and where Tembec is headed:
We address widespread perceptions and misperceptions about the forest products industry and Tembec: