Tembec Bonds Tumble Ahead of Earnings

Freed, Dan
January 2006
Investment Dealers' Digest;1/23/2006, Vol. 72 Issue 3, p12
Trade Publication
The article reports that the bond prices of Tembec Inc., a Montreal-based forest products company, has declined. It has been predicted that Tembec Inc. will miss semi annual coupon payments: $21.25 million on February 1, 2006 and $13.56 million on March 15, 2006. Tembec's problems are far from unique among Canadian forest products companies. A five-year-old trade dispute with the U.S. over lumber tariffs has also created problems for Tembec. Declining demand for pulp and paper is another important factor affecting Tembec and other paper producers in Canada and through the world.


Related Articles

  • Forestry NEWS.  // Northern Ontario Business;May2001, Vol. 21 Issue 7, p9 

    Reports developments in the forestry industry in Northern Ontario as of May 2001. Acquisition of an Excel Forest Products Ltd. stake by Tembec Industries; Plan of Abitibi mills to close paper machines; Certification of Longlac Wood Industries by the International Standards Organization.

  • Tembec buys Chapleau co-gen plant.  // Northern Ontario Business;Sep2007, Vol. 27 Issue 11, p26 

    The article reports that forestry company, Tembec, has acquired a cogeneration plant in Chapleau, Ontario. According to the author, the facility has a biomass-fired boiler and steam turbine with an installed capacity of 7.2 megawatts. Tembec reveals that the plant will boost the company's...

  • Market share recovery "slow" process. Quesnel, Joseph // Northern Ontario Business;Jul2004, Vol. 24 Issue 9, p19 

    Reports on the opposition of Northern Ontario-based forestry companies to the duties imposed on exported softwood lumber in spite of the decision of the U.S. Commerce Department to reduce the duty in half. Instruction for Canadian producers to pay down the deposit on their lumber despite a...

  • CANADIAN FOREST PRODUCTS FIRM BUILDS ITS OWN FUTURE.  // Manufacturing Today;Jan/Feb2007, Vol. 7 Issue 1, p58 

    The article presents information on international forest product manufacturer Tembec Inc. The author states that the company is committed to providing employees with a non-discriminatory, safe and healthy work environment, with the opportunity to participate in the growth and financial success...

  • Dottori hails federal support package. Louiseize, Kelly // Northern Ontario Business;Dec2005, Vol. 26 Issue 2, p3 

    The article reports on Tembec Inc.'s president Frank Dottori's praise for the federal government's support package for the forestry sector of Canada. Forest Industry Competitiveness Strategy will help companies and communities shift to a diversified economy. It will provide 581 million dollars...

  • Kenogami mill back on line, value-added manufacturing eyed. Wareing, Andrew // Northern Ontario Business;Nov2003, Vol. 23 Issue 13, p13 

    Reports on the re-opening of the Tembec's Kenogami mill in Ontario. Loss of jobs from the mill; Promise to re-open the mill by Tembec's vice president of corporate relations, Charles Gagnon; Investments for the improvement of the equipments for the plant.

  • Domtar, Tembec two I-beams in a pod. Louiseize, Kelly // Northern Ontario Business;Feb2005, Vol. 25 Issue 4, p22 

    Highlights experts' view about the expected consolidation of the forestry industry in northern Ontario in the upcoming years. Competition and co-operation generated by the replacement of traditional mills by new supermills and value-added facilities; Decision of Tembec Inc. to purchase some...

  • Secrets to successfully selling your woodlot. Birchfield, Damon // New Zealand Forest Industries Magazine;Oct99, Vol. 30 Issue 10, p41 

    Gives advice on the successful marketing and selling of a forest lot in New Zealand. Assessment of the volume of trees in the forest; Evaluation of quotes for the decision to sell to the local or the export market; Assistance of a lawyer in finalizing the transaction.

  • The filling in the Sandwich. Hocking, Denis // New Zealand Forest Industries Magazine;Oct99, Vol. 30 Issue 10, p44 

    Evaluates the drawbacks of the forest products industry in New Zealand. Cost of processing lumber to produce higher value products for niche markets; Availability of information on growing trees to produce high quality timber; Use of rimu as the finite resource for furniture and finishing timber.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics