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 > Takeover???

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Comment by baldstockon Sep 30, 2024 12:35pm

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Post# 36246976

RE:RE:RE:Takeover???

2024 Q2 As of June 30 Canfor had 400M "Cash" on account

Canfor Corp took USD 315M (Using duty as collateral) and increase liquidity.

If they sell CFX..... least another 100M.

Total 800M in "cash"

why Canfor need that much cash on account?

M&A is coming Canfor wants to buy something. Too much cash.

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