Tembec announces energy surcharge for its Dissolving Pulp business

    TEMISCAMING, QC, July 15 /CNW Telbec/ - Tembec today announced an energy
surcharge for all customers of its Specialty Dissolving Pulp business in
Canada and France. The surcharge of US$100 per metric tonne will be
implemented no later than October 1, 2008.
    "In addition to bearing the high cost of direct energy usage in our
mills, the skyrocketing cost of energy has had an impact on a number of other
critical cost inputs in our business, such as freight, delivered wood and
chemicals. The Company has seen the cost of outbound freight increase
dramatically as virtually all of our transportation providers implemented
energy surcharges. While these surcharges have been paid by Tembec thus far,
the extent and duration of these increased costs can no longer be absorbed by
the Company and we have no choice but to follow the actions of our suppliers
and implement a surcharge", said Yvon Pelletier, Executive Vice President and
President of the Pulp Group.
    James Lopez, President and CEO has said: "It is very unfortunate that it
is necessary to push these energy costs downstream to our customers, and
eventually on to their customers, but this is the reality for virtually all
manufacturers in all regions of the world. For this reason, the Company is
developing a strategy to recover energy cost escalations from customers of our
other products as well."
    Tembec has indicated that the energy surcharge is temporary and will be
adjusted as the price of energy modulates. Company representatives will be
discussing the specific mechanisms for implementation with its Specialty Pulp

    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

    This press release includes "forward-looking statements" within the
meaning of securities laws. Such statements relate to the Company's or
management's objectives, projections, estimates, expectations or predictions
of the future and can be identified by words such as "will", "anticipate",
"estimate", "expect" and "project" or variations of such words. These
statements are based on certain assumptions and analyses made by the Company
in light of its experience and its perception of future developments. Such
statements are subject to a number of risks and uncertainties, including, but
not limited to, changes in foreign exchange rates, product selling prices, raw
material and operating costs and other factors identified in our periodic
filings with securities regulatory authorities. Many of these risks are beyond
the control of the Company and, therefore, may cause actual actions or results
to materially differ from those expressed or implied herein. The Company
disclaims any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or

For further information:

For further information: Richard Fahey, Vice President, Communications
and Public Affairs, (514) 871-2304, richard.fahey@tembec.com

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