Canfor Pulp Products Inc.

CFX

CA1375842079

Paper Products

Delayed Toronto S.E. Other stock markets 10:51:57 2024-05-17 am EDT			5-day change	1st Jan Change
1.48 ^CAD	-1.33%		+0.68%	-17.78%

May. 10	Canfor Pulp to Halt Indefinitely One Production Line at Northwood Facility	MT
May. 02	Transcript : Canfor Corporation, Canfor Pulp Products Inc., Q1 2024 Earnings Call, May 02, 2024

Canfor Pulp Products announces sale of Taylor pulp mill for $7 million

February 07, 2024 at 06:40 pm EST

VANCOUVER — Canfor Pulp Products Inc. says it's entered an agreement to sell its Taylor pulp mill.

The mill in northeastern B.C., which produces bleached chemi-thermo mechanical pulp, is being sold for $7 million to an undisclosed buyer.

Canfor Pulp president and CEO Kevin Edgson says the new owner is committed to repurposing the site and developing a long-term plan that will benefit the community.

The sale is expected to close during the first quarter.

Just over a year ago, Canfor Pulp closed the pulp line at its Prince George mill, blaming a lack of fibre.

The company reported a loss for the third quarter of 2023, due in part to soft global pulp market conditions.

This report by The Canadian Press was first published Feb. 7, 2024.

Companies in this story: (TSX:CFX)

Latest news about Canfor Pulp Products Inc.

Canfor Pulp to Halt Indefinitely One Production Line at Northwood Facility	May. 10	MT
Transcript : Canfor Corporation, Canfor Pulp Products Inc., Q1 2024 Earnings Call, May 02, 2024	May. 02
Transcript : Canfor Pulp Products Inc. - Shareholder/Analyst Call	May. 01
Canfor Pulp Products Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 01	CI
Canfor Corp. Brief: Canfor Southern Pine Grows in Arkansas with Acquisition from Resolute	May. 01	MT
Canfor Corp. Brief: Q1 Q1 2024 operating loss of $86 million; shareholder net loss of $65 million, or $0.54 per share	May. 01	MT
Canfor Pulp Brief: Q1 2024 operating loss of $16 million; net loss of $2 million, or $0.04 per share	May. 01	MT
North American Morning Briefing : Traders Wait for Rate Decision, Powell; AMD Tumbles	May. 01	DJ
Canfor Corp. Consolidating Operations In Alabama	Apr. 10	MT
Canfor Corp. Brief: Announcing Restructuring to "Position Alabama Operations for the Future"	Apr. 10	MT
Canfor Reports Renewal of Normal Course Issuer Bid	Mar. 19	MT
Canfor Corp. Brief: Announcing Renewal of Normal Course Issuer Bid	Mar. 19	MT
Buffalo Rail & Infrastructure Corporation acquired Pulp Mill Assets of Canfor Pulp Products Inc. for CAD 7 million.	Mar. 18	CI
Transcript : Canfor Corporation, Canfor Pulp Products Inc., Q4 2023 Earnings Call, Mar 06, 2024	Mar. 06
North American Morning Briefing : Stock Futures Rise Ahead of Powell's Testimony	Mar. 06	DJ
Canfor's Q4 Adjusted Loss Widens, Sales Drops; Canfor Pulp Products Narrows Q4 Adjusted Loss, Sales Down	Mar. 06	MT
Canfor Pulp Products Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Mar. 05	CI
Canfor Pulp Products Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 05	CI
North American Morning Briefing : S&P 500 Futures -2-	Mar. 05	DJ
North American Morning Briefing: S&P 500 to Open Within a Whisker of 5,000 on AI Optimism	Feb. 08	DJ
MT Newswires Canada Overnight Stocks To Watch: Canfor Pulp and Rogers	Feb. 07	MT
RBC Capital Markets Notes West Fraser's Mill Closures; Outlines Lumber Stats	Jan. 19	MT
Correction: -- Canfor Corp. Brief: Wrong Ticker Used	Dec. 22	MT
Calfrac Brief: Announced Continuation of Multi-Year Fracturing Fleet Modernization Plan	Dec. 22	MT
Canfor Corp. Brief: Announcing Continuation of Multi-Year Fracturing Fleet Modernization Plan	Dec. 22	MT

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Canfor Pulp Products Inc. is a Canada-based global supplier of pulp and paper products with operations in the central interior of British Columbia (BC). The Company operates through two segments: pulp and paper. The pulp segment includes purchase of residual fiber, and production and sale of pulp products, including Northern Bleached Softwood Kraft (NBSK) pulp and Bleached Chemi-Thermo Mechanical Pulp (BCTMP), as well as energy revenues. The paper segment includes production and sale of paper products, including bleached, unbleached, and colored paper. Its products under the solid wood category include dimension lumber, specialty lumber, and engineered wood products. It produces green energy in its lumber and pulp facilities across North America. The Company owns and operates three mills in Prince George, BC with a total capacity of about 780,000 tons of Premium Reinforcing Northern Bleached Softwood Kraft (NBSK) Pulp and 140,000 tons of kraft paper.

Sector

Paper Products

Calendar

2024-07-24 - Q2 2024 Earnings Release (Projected)

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