Capital investment plan exceeds $500 million dollars
Tembec’s multi-year capital investment plan (2011-2015) covers two main areas, with a focus on high returning projects that use proven technology and equipment:
- Green energy is the centerpiece, with a focus on cogenerated electricity facilities that will provide stable revenues, as well as bioenergy projects that will improve business and environmental performance.
- Dozens of smaller projects are designed to reduce costs and increase productivity across all our businesses.
Approximately 70% of our planned capital investments are earmarked for our specialty cellulose operations, Temiscaming in Canada and Tartas in France, with the goal of making them among the most modern of their type.
This section of the website covers projects that are already underway, and will update you as new projects progress.