Canfor Pulp Products Inc T.CFX

Alternate Symbol(s): CFPUF

Forest Products Paper & Paper Products

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.

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Canfor Pulp Products Inc > Next event in Canfor Pulp's history: bankruptcy

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Comment by Catscratchon May 15, 2024 10:58am

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Post# 36041114

RE:RE:Next event in Canfor Pulp's history: bankruptcy

Agree. Difficult to see a Pattison takeover scenario via bankruptcy on multiple levels. 1) Pattison doesn't want Canfor Pulp or more BC exposure, 2) CFX has a good balance sheet and cash flows are positive at current prices.

More likely scenario is that Northwood gets sold. That seems to be the rumour in the community. Here's a thread on Reddit about it.
https://www.reddit.com/r/princegeorge/s/mwgWCl1hpt

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