Rayonier Advanced Materials has acquired Canadian paper company Tembec for $807m to expand its business into packaging and forest products. The acquisition resulted in the creation of a global company providing high purity cellulose, ...
Tembec reported that consolidated sales for the three-month period ended 25 June 2016, were $376m, as compared to $365m in the same quarter a year ago. The Company generated net earnings of $9 million or $0.09 per share in the June 2016 ...
The Centre for Research and Innovation in the Bio-Economy (CRIBE) is partnering with GreenCore Composites to develop a new green technology process that will allow wood fibre to be used in a number of new products for the packaging and ...
Tags: market view, wood fibre
VANCOUVER, BC - Canfor said it has completed the acquisition of the Tembec Industries Ltd. 's southern British Columbia interior wood products assets. The $60 million deal, first announced Nov. 28, 2011, includes Tembec's Elko and Canal ...
Tags: market view, lumber
Canfor (TSX: CFP) announced today that further to its news release of November 28, 2011, it has completed the acquisition of the Tembec Industries Ltd. ("Tembec") southern British Columbia interior wood products assets consisting of the ...
Tags: market view, Wood Products
Canfor Corp. Has reached an agreement with Tembec to purchase Tembec's two eastern British Columbia sawmills for $60 million, including working capital. The deal gives Canfor Tembec's mills at Canal Flats and Elko along with 1.1 million ...
Tags: market view, sawmill, Canfor
MONTREAL - Forest products company Tembec is exiting the hardwood flooring business as it shutters a 108-year operation in Huntsville, Ont., and sells another facility in Toronto to a private company for $13 million. The Montreal-based ...
Tags: market view