Profile: Tembec Inc (TMB.TO)
TMB.TO on Toronto Stock Exchange
24 Jul 2014
24 Jul 2014
Price Change (% chg)
Tembec Inc. (Tembec) operates an integrated forest products business. The Company’s segments include forest products, specialty cellulose pulp, paper pulp and paper. It is a manufacturer of forest products-lumber, paper pulp, paper and specialty cellulose pulp. Tembec has operations in North America and France. Tembec directly manages nearly 10 million hectares (about 25 million acres) of Canadian forestland. It manufactures specialty cellulose, Kallima coated cover, high-yield pulp and chemical products. In November 2013, it sold approximately 7,150 hectares of land located within the Regional District of East Kootenay, British Columbia, to Teck Resources Ltd. In March 2014, it sold of pulp mill and related assets located in Chetwynd, British Columbia to Paper Excellence Canada Holdings Corporation. In June 2014, the Company sold about 17,700 hectares of land located within the Regional District of East Kootenay, British Columbia, to Jemi Fibre Corp.
Suite 1050, 800 Rene-Levesque Bl
MONTREAL QC H3B 1X9