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Management Side
Technical Side
Tembec Cancels Skookumchuck Shutdown
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Temiscaming, Quebec, Canada, 19 June  2009 – Tembec today advised that the two-week shutdown of its Skookumchuck pulp mill that was set to begin on 29 June will not occur as planned.

This decision was attributed to some very recent positive changes in the overall operating environment, including the effect of the Pulp and Paper Green Transformation Program announced by the Canadian government earlier this week.

“While market conditions remain difficult, the recently announced Green Transformation Program and some modest improvement in pulp pricing and in fiber economics have sufficiently altered operating conditions to the point where running the mill is a better course of action,” said Yvon Pelletier, executive vice president and president Pulp Group. “However, the operating environment remains challenging. In particular, the availability of economically viable fiber continues to be an issue.”

The company indicated it will continue to monitor economic and market conditions closely and will adjust operating rates accordingly.

Tembec is a large, diversified and integrated forest products company and a global leader in sustainable forest management practices. The company’s principal operations are located in Canada and France. Tembec’s common shares are listed on the Toronto Stock Exchange under the symbol TMB and warrants under TMB.WT. Additional information on Tembec is available at www.tembec.com.
 


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