TEMISCAMING, QC, June 26 /CNW Telbec/ - James Lopez, President and Chief
Executive Officer of Tembec, and Yvon Pelletier, Executive Vice President and
President of the Pulp Group, are pleased to announce the start-up of a new
biomass boiler at the pulp mill in Tartas, France. This Euro 33.8 million
investment (C $53 million) will supply 85 tonnes per hour of steam to the pulp
mill which produces 155,000 tonnes of specialty cellulose pulp annually. An
inauguration ceremony was held in Tartas on June 18, 2008.
"This is an excellent investment that combines good financial returns
with sound environmental stewardship. It will improve the efficiency of the
mill, lower energy costs and reduce carbon emissions. I am particularly proud
of the fact that this project was not just completed within the timelines and
budget allotted, but it was done without a significant health and safety
incident in over 100,000 man-hours of construction. It was a well-managed
project," said James Lopez, President and Chief Executive Officer of Tembec.
The fluidized bed boiler will burn biomass from the industrial process,
bark and other harvested wood residuals to produce steam for use in the
manufacture of pulp. Natural gas will only be used for start-up.
"I extend my congratulations to the team involved in the construction and
start-up of this facility. Our employees have met the challenge, and they
deserve our gratitude. The efficiency of the new boiler in its initial
start-up phase is already beyond our expectations. As a result of significant
technological enhancements over the last few years, this mill contributes
positively to the overall Group performance and to the quality of the
environment in the region," said Yvon Pelletier, Executive Vice President and
President of the Pulp Group.
The new biomass boiler investment involved an innovative partnership with
local authorities and the financial support of the Conseil régional
d'Aquitaine, le Conseil général des Landes, l'Agence de l'eau Adour Garonne.
Further, Tembec benefited from interest-free term loans for the financing of
Tembec is a large, diversified and integrated forest products company
which stands as the global leader in sustainable forest management practices.
With operations principally located in North America and in France, the
Company employs approximately 8,000 people. 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 on its website at
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