Tembec curtails pulp production at its Matane plant

    TEMISCAMING, QC, Sept. 17 /CNW Telbec/ - Tembec today announced a
one-week production curtailment at its Matane, Quebec pulp mill in order to
balance inventory levels. The Matane hardwood high-yield pulp mill will stop
production on September 21 and will resume production on September 28. This
will result in approximately 5,000 tonnes of product not being produced. The
Company will take advantage of this temporary shutdown to conduct maintenance
    "This latest production curtailment follows recent announcements related
to our Temcell and Tarascon pulp operations and is intended to prudently
manage both inventory levels and working capital. This decision comes amidst
declining pulp demand in Europe and Asia, prime markets for our Matane pulp
mill. The shutdowns announced to date will reduce our total annual production
by 21,500 tonnes," said Yvon Pelletier, Executive Vice President and President
of the Pulp Group.
    Management has informed employees of the Company's decision. The shutdown
will affect roughly 60 out of the mills total workforce of 120.
    The Matane mill has an annual production of 250,000 tonnes of hardwood
high-yield 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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