Proposal for the composition of the Board of Directors

The Nomination Board of Valmet proposes to the next Annual General Meeting, which is planned to be held on March 22, 2016, that the number of members of the Board of Directors until closing of the Annual General Meeting 2017 will be eight and that

• Bo Risberg, Mikael von Frenckell, Lone Fønss Schrøder, Friederike Helfer and Rogerio Ziviani are re-elected as Board members,
• Aaro Cantell, Jouko Karvinen and Tarja Tyni are elected as new Board members.

The Nomination Board proposes that Bo Risberg is re-elected as the Chairman of the Board and Mikael von Frenckell is re-elected as the Vice-Chairman of the Board.

Erkki Pehu-Lehtonen, Member of the Board of Directors of Valmet, has informed Valmet's Nomination Board that he will not be available in the election of the Board of Directors in the next Annual General Meeting. Erkki Pehu-Lehtonen (born 1950) has served as a member of Metso's Board of Directors 2010-2013, and he has served as a member of Valmet's Board of Directors since the demerger (December 31, 2013).

The Nomination Board notes, that a personnel representative will participate as an invited expert in Board meetings within the limitations imposed by the Finnish law. The new Board of Directors will invite the personnel representative as its external expert in its organizing meeting after the Annual General Meeting.

"I am very pleased with the diversity of the knowhow and experience that the nominees for the Board of Directors possess. These requirements, forming part of the principles on diversity agreed for Valmet, were high on the Nomination Board's agenda in the procedure preparing the proposal for the Board composition", says Kari Järvinen, the Chairman of the Nomination Board.

Proposed new Members of the Board of Directors

Aaro Cantell is an entrepreneur and Chairman of the Board in Normet Group Oy since 2005. He has previously worked at Fenno Management Oy and Finnish Innovation Fund Sitra, among others. Aaro Cantell is currently Chairman of the Board of Normet Group Oy, VTT Technical Research Centre of Finland Ltd and Affecto Oyj, and Member of the Board of Federation of Finnish Technology Industries.

Jouko Karvinen was the CEO of Stora Enso Oyj between 2007 and 2014. From 2002 to 2006 he was the CEO of the Medical Division of Royal Philips and before that held several executive positions within ABB Asea Brown Boveri Ltd. Jouko Karvinen is currently Member of the Board of Nokia Oyj and SKF AB, Member of Foundation and Supervisory Boards of IMD business school, Lausanne, Switzerland, and Member of International Advisory Board of Komatsu Corporation of Japan.

Tarja Tyni works as Senior Vice President, Corporate Clients and Business Development in Mandatum Life Insurance Company Limited since 2008. She has previously held several positions within Investment Banking of Nordea Group and its predecessors. Tarja Tyni is also Chairman of the Board of Innova Oy and Mandatum Life Investment Services, and Member of the Board of Euroben Life & Pension Limited.

Proposal for the remuneration of the Board of Directors

The Nomination Board proposes to the Annual General Meeting that the annual remuneration payable to the members of the Board of Directors to be elected at the Annual General Meeting for the term until the close of the Annual General Meeting in 2017 be as follows:

• EUR 100,000 for the Chairman of the Board,
• EUR 60,000 for the Vice Chairman of the Board and for the Chairman of the Audit Committee,
• EUR 48,000 for each Board member.

In addition, the Nomination Board proposes that a meeting fee in the amount of EUR 700 shall be paid for those members whose place of residence is in Nordic countries, EUR 1,400 for those members whose place of residence is elsewhere in Europe and EUR 2,800 for those members whose place of residence is outside of Europe for the Board meeting attended, including the meetings of the committees of the Board of Directors.  

The Nomination Board proposes to the General Meeting that as a condition for the annual remuneration the members of the Board of Directors are obliged, directly based on the Annual General Meeting's decision, to use 40 percent of the fixed annual remuneration for purchasing Valmet shares from the market at a price formed in trading at Nasdaq Helsinki's stock exchange list and that the purchase will be carried out within two weeks from the publication of the Interim Review for the period January 1, 2016 to March 31, 2016.

The Nomination Board

Kari Järvinen (Managing Director, Solidium Oy)acted as the Chairman of the Nomination Board. The members the Nomination Board were Martin Oliw (Partner, Cevian Capital AB), Roger Hagborg (Investment Advisory Professional, Triton), Risto Murto (CEO, Varma Mutual Pension Insurance Company) and Bo Risberg as an expert member in his capacity as the Chairman of the Board of Directors of Valmet.

Valmet's Board of Directors will include these proposals into the notice of the Annual General Meeting of 2016, which is estimated to be published on February 9, 2016.

Further information, please contact:

Kari Järvinen, Chairman of Valmet's Nomination Board, tel. +358 40 548 3995
Rasmus Oksala, General Counsel, Valmet, tel. +358 10 672 0026

British master papermaker James Cropper has announced a trial recycling partnership with McDonald’s UK, as the two explore pioneering moves in sustainability and recycling.

The partnership will enable paper cups used in McDonald’s restaurants across the UK, every week, to be recycled at James Cropper’s state-of-the-art reclaimed fibre plant – turning previously non-recyclable, plastic-coated paper cups into new paper products.

Richard Burnett, market development manager at James Cropper, said: “It’s estimated that up to 2.5 billion paper cups are used in the UK every year. Most of these are currently not recycled as, being polyethylene-coated, they can’t be recycled amongst ordinary household waste. In addition, collecting used paper cups for recycling has been problematic due to the nature of their use – they’re used on the go and are often taken away from the place of purchase”.

“The partnership with McDonald’s has been nearly two years in the making and signifies an important step towards recycling used paper cups and, ultimately, reducing waste going to landfill. By collaborating with McDonald’s, we’re working towards an effective scheme that can recoup as many used paper cups as possible, which can then go back into the supply chain.”

The trial recycling scheme – a UK first – has been rolled out across 150 of McDonald’s 1250 UK restaurants so far.  Paper cups are collected from McDonald’s and then baled by Simply Cups, the UK’s only paper cup recovery and recycling scheme, before being delivered to James Cropper for reprocessing. Reclaimed fibre can then be used in everything from brochures and stationery to designer gift boxes.

Helen McFarlane, sustainability consultant at McDonald’s UK, added: “Paper cups constitute about 30% of our packaging waste and this is a great opportunity to ensure that the quality fibre used in making those cups gets another life. We have recently started to introduce recycling stations in our restaurants to allow customers to separate paper cups, and we’re eager to see what this trial with James Cropper and Simply Cups will look like, hopefully helping set up the infrastructure for others to use in future.”

Richard continued: “With the demand for eco-friendly products rising we’re seeing more and more clients interested in using reclaimed fibre as part of their paper requirements, in luxury shopping bags and company literature, for instance. This ground-breaking trial with McDonald’s demonstrates how organisations can work together to create a mutually beneficial, effective and sustainable supply chain. Businesses can use ‘green’ processes and schemes to simultaneously minimise waste and utilise an otherwise waste material as a new product .”

The partnership with McDonald’s is just the start of the journey to make widespread post-consumer paper cup recycling a reality.

The reclaimed fibre facility at James Cropper, which was opened by HM The Queen in 2013, uses a method which separates the paper from the plastic coating, and currently processes the equivalent of 10 million paper cups per week from the off cuts of paper cup manufacturers.

The process results in no wastage whatsoever – with 90 per cent of the cup waste being converted back into FSC® certified fibre for paper production and the remaining 10 per cent, which is plastic, being repurposed as garden furniture, for example.

For more information about James Cropper’s reclaimed fibre plant, visit www.jamescropper.com.

ABOUT JAMES CROPPER & TECHNICAL FIBRE PRODUCTS (TFP):

James Cropper are prestige paper innovators based in the English Lake District, supplying distinct, custom-made paper products to many of the world’s leading luxury brands, art galleries and designers. Celebrating 170 years of high quality paper production in 2015, the business has been carefully stewarded and nurtured by six generations of the Cropper family and is renowned globally for individual expertise in colour, dedicated responses to the most challenging custom projects and award-winning commitment to the highest standards of sustainability.

A network of global sales and production facilities from Europe to the Far East provides local customer service to international clients, while its historic base in the village of Burneside retains nearly two centuries worth of papermaking expertise.

As well as paper products, James Cropper PLC also incorporates Technical Fibre Products (TFP), manufacturers of non-woven materials from carbon, glass and polymer fibres, which play a key part in production of composites in the automotive, energy and aerospace sectors. For further information visit: www.jamescropper.com  and www.tfpglobal.com

Södra's Foundation for Research, Development and Education has now been in existence for just over 20 years. Some SEK 250 million has been allocated to the foundation since its inception in 1995 and SEK 175 million has been distributed. The result of the initiative is progress in a range of fields in the bio-based economy, including new opportunities for fossil-free products.

Approximately 150 research projects have been awarded funding since the establishment of the foundation in 1995. These projects have varied in character and scope, and have included funding for research into sustainable timber construction, the establishment of the Avancell fibre engineering centre with the aim of raising the processing value in the sulphate pulp industry, the development of machine planting of saplings and training of sniffer dogs to detect spruce bark beetle infestation. The results of the research projects have been significant, both from a societal perspective and for the forest industry.

For example, research into timber construction has enhanced the know-how required to construct tall timber buildings, thereby opening the possibility for more climate-smart housing construction. The focus of Avancell has been directed to Welfare materials from sustainable forest resources; sustainable products for textile fibres, packaging for drinks and liquid food, and personal care products, such as nappies.

"Sustainable and profitable forestry and a stable forest industry are issues for the future," says Laila Rogestedt, SVP Innovation & New Business at Södra and foundation Board member. "The fact that we have stable funding of long-term research in these fields paves the way for climate-smart products and sustainable production as well as jobs."

Issue of climate change a future trend
Laila Rogestedt believes that the year ahead will be an exciting one. The next decision regarding the allocation of funding will be made at the Board meeting in March. Over the past year, several applications have addressed the issue of the contribution of the forest to the carbon balance, and the combination of production goals and environmental goals.

"We can see a trend in recent years towards the role of the forest in the issue of climate change," says Laila Rogestedt. "It's an incredibly important issue for the future where we can make a huge contribution. It's truly exciting to be part of this development."

For comments: 
Laila Rogestedt, SVP Innovation & New Business and Foundation Board member, +46 (0)72 574 32 56

Göran Örlander, Sustainable Forestry Strategist at Södra and Chairman of the Foundation, +46 (0)70 590 94 83

Gustav Tibblin, Director of Business Development and Foundation Board member, +46 (0)70 573 49 85

Facts: The mission of the Södra Foundation for Research, Development and Education is to promote research and development of significance to forestry and forest industry operations in southern Sweden. The foundation has four board meetings each year, during which applications for funding are reviewed.

Mitsubishi HiTec Paper, the Bielefeld manufacturer of coated speciality papers, is increasing prices by 6% for all deliveries as of April 1st, 2016.

Since 2015, costs for raw materials and chemicals have significantly increased in particular due to the important changes in currencies and could not be compensated despite actions already carried out. In light of the market price level this still results in an imbalance of costs and pricing.

Customers will be contacted directly by a representative of the Mitsubishi sales team.

Mitsubishi HiTec Paper Europe GmbH is a German subsidiary of Mitsubishi Paper Mills Ltd., Japan, one of the world's leading manufacturers of speciality paper. The roughly 700 employees at Mitsubishi HiTec Paper Europe produce high-quality thermal, digital imaging, carbonless and label papers at two tradition-rich locations in Bielefeld and Flensburg.

Each factory stands out for own base paper production, state-of-the-art production machinery and innovative coating technologies. Through its dense global sales network, Mitsubishi HiTec Paper Europe supplies a full range of speciality papers featuring a modular system for every application and printing technology – and is a highly capable partner whenever customized coated paper solutions are required.

www.mitsubishi-paper.com

Mohawk, North America’s largest privately-owned manufacturer of fine papers, envelopes and specialty substrates for commercial and digital printing, announces a major expansion of its wide format inkjet portfolio to meet the needs of the rapidly growing digital printing market.

The Mohawk Wide Format Inkjet portfolio, which previously consisted of six items, expands to 112 items, featuring 32 different product lines, including: backlit, lightblock, black polyester, adhesive, Dupont™ Tyvek®, tear resistant fabric and more.

Items in the expanded portfolio are optimized for Aqueous inks, Memjet® inks, Solvent/Eco-Solvent inks, Latex inks and UV-Cured inks, and many products are compatible across multiple ink types.

“With our expanded offering of wide format inkjet media, Mohawk is truly a one-stop shop for the broadest range of digital papers and substrates, including dry toner products, HP Indigo-compatible products, and now wide format inkjet products,” said Mike Madura, Vice President, Digital, Mohawk.  

Mohawk Wide Format Inkjet substrates are known for benchmark performance including outstanding color control and top coat consistency for scratch resistance. The result is vibrant and durable print quality for use across a wide range of applications including banners, posters, signs, point-of-purchase graphics, wall murals, architectural renderings and more. 

Mohawk Wide Format Inkjet products are now easily searchable via Mohawk’s Digital Product Selector by media type or ink type. All products are currently available in inventory and can be ordered through Mohawk Digital Specialists or through paper merchants.

ABOUT MOHAWK

Mohawk is North America’s largest privately-owned manufacturer of fine papers and envelopes which are preferred for commercial and digital printing, photo specialties and high-end direct mail.  Mohawk fine papers and envelopes include the signature brands Mohawk Superfine® and Strathmore®, as well as proprietary treatments Inxwell® and i-Tone®. With a culture of innovation, Mohawk’s business model now extends beyond paper manufacturing into new areas of growth, including digital substrates, which connect designers and printers to new markets. 

As a leader in environmentally and socially responsible business practices, Mohawk was the first U.S. manufacturer of commercial printing papers to match 100% of its electricity with wind power renewable energy credits and the first U.S. premium paper mill to shift toward carbon neutral production. Mohawk’s portfolio of recycled papers is certified by Green Seal and the Forest Stewardship Council (FSC).

Mohawk is a fourth-generation, family-owned and operated business based in Cohoes, New York, with global sales and operations located throughout North America, Europe and Asia. For more information, please visit www.mohawkconnects.com.

A.Celli Paper successfully concluded the start-up of the new high-speed Tissue Machine with a production capacity of 34,000 tons per year (110 tons per day) at Metalicplas (part of the Pehart Tec Group).

Following the recent entry of Abris Capital Partners (May 2015), the Romanian Group required an important increase in production capacity in order to confirm itself leader in the manufacture of tissue products in Romania and South-East Europe. The new corporate vision is set to attain important goals in these territories and the investment in the new A.Celli Paper TM serves as an important confirmation of this intention. Further tangible proof is the expansion project at the production sites in Dej and in Petresti, an improvement that will guarantee a total production capacity increment for the Group (almost 100,000 tpy of tissue parent reels).

The new Tissue Machine, with a 2.800-mm width at the pope reel and a maximum speed of 1800 m/min, is part of a complete turnkey project that includes all ancillary equipment as well as the latest-generation hood design by A.Celli. A 100% pure cellulose pulp preparation system designed to process long and short fibres, a reel handling system and a slitter/rewinder complete the supply. A leading-edge technological supply, the distinctive trait that makes A.Celli’s turnkey offer the right answer for today’s market demands in terms of completeness and flexibility, together with the expertise and professionalism that the Italian company has always shown, true added value for customers.

The start-up scheduled for the end of 2015 and completed before the Holidays was finished within the established date (19 December) and allowed Metalicplas to begin the New Year in the best way possible.

“For Metalicplas and for the entire Group, 2015 was a year of renewal marked by important strategic changes and major investments. To grow, we need to place our trust in first-quality partners and A.Celli Paper has shown to be a reliable supplier capable of offering high-level technology, thus answering specific requests and particular needs”, was the enthusiastic comment by the Romanian customer about this professional experience.

Abris Capital Partners is heading straight for success also thanks to the use of technology by A.Celli Paper, a foundational contribution to the #1 Romanian producers: together in the conquest of south-eastern Europe.

Metalicplas, part of Pehart Grup Companies
Pehart Grup Companies, with its three tissue converting sites and the new facilities ready to begin operation by the end of the year – thanks to the entry of Abris Capital Partners and to Romanian state grants – is the major independent producer of tissue in Romania. Pehart is present on the market with two brands, Pufina and Alint, and a strong number of retail customers for which it produces private label tissue products. Currently, the Group exports a substantial portion of its production to nearby Central and South-Eastern European countries.

Sappi Limited has approved investments of some EUR 25m for mill upgrades in Europe during the course of 2016.  Sappi Lanaken Mill will improve the performance of its paper machine 7 (PM7)  by installing  a state-of-the-art film-press coater, and Sappi Kirkniemi Mill will undergo a variety of modifications to its paper machine 3 (PM3)  to increase energy efficiency and further improve quality consistency.  All work will be completed by the end of calendar year 2016.

“These investments support our continued drive for efficiency and profitability,” commented Berry Wiersum, CEO Sappi Europe. “We are focused on the future and on continuous improvement, seizing opportunities where they make most sense.”

In 2013, Sappi Europe announced its intention to make significant investments (EUR 56m) in its Kirkniemi Mill over the coming years. The decision to build a new power plant was key to supporting future operations , safeguarding the competitiveness of the mill, and backing the company’s drive for cost leadership. The new plant opened ahead of schedule in September 2015.

As part of this new investment in Kirkniemi Mill, PM3 will get a new shoe press for more effective drying as well as modifications to the headbox. Further improvements will include a dilution controlled head box to ensure good runnability, especially on the base paper machine. The investment will increase energy efficiency on PM3 and will promote PM3´s cost competitiveness. The new equipment will further enhance quality consistency through better basis weight and moisture profiles.

At Lanaken Mill, the gate-roll coater on PM7 will be replaced with a state-of-the-art film-press coater. With additional adaptations to the drying system and coating preparation, the rebuild paves the way for the first coating to have more weight. The investment will enable PM7 to produce the entire portfolio of grades – without compromising on web profile, coating coverage and paper properties.

About Sappi Kirkniemi Mill
Sappi Kirkniemi Mill in Lohja, Finland is part of Sappi Europe. In Kirkniemi there are three paper machines which annually produce 735,000 tons of high quality publication papers which are used for premium quality publications all over the world.

About Sappi Lanaken Mill
Sappi Lanaken Mill, Belgium is part of Sappi Europe. In Lanaken there are two paper machines which annually produce 510,000 tons of coated mechanical and coated fine papers for heat set web offset printing.

About Sappi
Sappi Europe SA is the leading European producer of coated fine paper used in premium magazines, catalogues, books and high-end print advertising. Headquartered in Brussels, Belgium, Sappi Europe is recognised for innovation and quality. Its graphic paper brands include Magno™, Quatro™, Vantage™, Royal™, Galerie™ and GalerieArt™ ranges. Algro®, Leine®, Parade®,  Fusion® and atelier™ are the brands for innovative solutions of speciality papers and boards.
Sappi papers are produced in mills accredited with ISO 9001, ISO 14001 and OHSAS 18001 certification and EMAS registration for all our mills in the EU. Sappi European mills hold chain-of-custody certification under the Forest Stewardship Council (FSC®) and/or the Programme for the Endorsement of Forest Certification (PEFC™) schemes.
Sappi Europe SA is a division of Sappi Limited (JSE), a global company headquartered in Johannesburg, South Africa, with 12,800 employees and manufacturing operations on three continents in seven countries, sales offices in 50 countries, and customers in over 100 countries around the world. Learn more about Sappi at www.sappi.com.

Production problems at the end of the fourth quarter continued to have a negative impact on BillerudKorsnäs’ results. The total cost of production disruptions during the quarter is estimated to approximately SEK 245 million. Operating profit for the fourth quarter 2015 is estimated to approximately SEK 320 million.

In early December 2015 the company announced increased costs with about SEK 165 million due to production problems, mainly in Frövi. During December, additionally approximately SEK 80 million in costs have been incurred for production disruptions and increased repair and maintenance costs. Disturbances continued at KM5 in Frövi, and increased maintenance costs have hit Skärblacka and Karlsborg but also Beetham in connection with extensive flooding. Approximately SEK 25 million affects business area Consumer Board and the remaining approximately SEK 55 million affects business area Packaging Paper.

"The board machine in Frövi has improved step by step but did not stabilize on the level we had hoped for in December. Major rebuilds have been made in Frövi to increase capacity, and it is not uncommon that the time to for the run-in takes longer than anticipated. It may be too early to claim that the problems are solved, but we can during the last few weeks see that the machine is coming back on plan. Skärblacka and Karlsborg have produced according to plan during the fourth quarter, but incurred more maintenance costs than planned at the end of the year. The problems in the quarter are thus self-generated. The exception is Beetham that was under water at the great floods in England in December but have started up in January and produce according to plan again. We see no negative change in demand or the overall cost position and several of our production units have set new production records in 2015, "says Per Lindberg, President and CEO.

The results are still preliminary and have not been reviewed by the auditor.

BillerudKorsnäs will publish its year-end report for 2015 at 07:00 CET on 10 February 2016. 

For further information, please contact:

Susanne Lithander, CFO, +46 (0)8 553 335 00
Per Lindberg, President and CEO, +46 (0)8 553 335 00

The information is such that BillerudKorsnäs Aktiebolag (publ) is obligated to publish under the Swedish Securities Market Act. Submitted for publication at 08.00 CET on 22 January 2016.

BillerudKorsnäs provides packaging materials and solutions that challenge conventional packaging for a sustainable future. We are a world-leading provider of primary fibre based packaging materials and have customers in over 100 countries. The company has 8 production sites in Sweden, Finland and the UK and about 4 300 employees in over 13 countries. BillerudKorsnäs has an annual turnover of about SEK 21 billion and is listed on Nasdaq Stockholm. www.billerudkorsnas.com

Valmet's Financial Statements Review 2015 will be published on Tuesday, February 9, 2016 at approximately 12:00 noon Finnish time (EET). The stock exchange release and presentation material in Finnish and in English will be available at that time on Valmet's website at www.valmet.com/investors.

News conference for analysts, investors and media

Valmet will arrange a news conference in English for investment analysts, investors, and media on Tuesday, February 9, 2016 at 2:00 p.m. Finnish time (EET). The news conference will be held at Valmet Head Office in Keilaniemi, Keilasatama 5, 02150 Espoo, Finland. President and CEO Pasi Laine and CFO Kari Saarinen will be presenting at the news conference.

Webcast

The news conference can also be followed through a live webcast at www.valmet.com/webcasts. The live webcast starts at 2:00 p.m. (EET) and a recording of the webcast will be available shortly after the event at the same address.

Conference call

It is also possible to take part in the news conference through a conference call. Conference call participants are requested to dial in at least five minutes prior to the start of the conference, at 1:55 p.m. (EET), at +44 1452 560304. The participants will be asked to provide the following conference ID: 25632403.

During the webcast and the conference call, all questions should be presented in English. After the webcast and the conference call, media has a possibility to interview the management in Finnish.

The event can also be followed in Twitter at www.twitter.com/valmetir.

Further information, please contact:

Hanna-Maria Heikkinen, Vice President, Investor Relations, Valmet, tel. +359 10 672 0007

For media: Anu Salonsaari-Posti, Senior Vice President, Marketing & Communications, Valmet, tel. +358 10 672 0033

Valmet is the leading global developer and supplier of technologies, automation and services for the pulp, paper and energy industries. Valmet's vision is to become the global champion in serving its customers.

Valmet's services cover everything from maintenance outsourcing to mill and plant improvements and spare parts. The strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bio-energy production. Valmet's advanced automation solutions range from single measurements to mill wide turnkey automation projects.

Valmet's net sales in 2014 were approximately EUR 2.5 billion. Our 12,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day. Valmet's head office is in Espoo, Finland and its shares are listed on the Nasdaq Helsinki.

Canfor Corporation announces that it has entered into an agreement to purchase the assets of Wynndel Box and Lumber Ltd., located in the Creston Valley of British Columbia.

Wynndel Box and Lumber produces premium boards and customized specialty wood products sold under the brand name WynnWood. It has access to exceptionally high-quality fibre, and will advance Canfor’s ability to produce a broader mix of higher value specialty products. The acquisition of assets includes a sawmill located in Wynndel, BC with an annual production capacity of 65 million board feet, and approximately 65,000 cubic metres of annual harvesting rights in the Kootenay Lake Timber Supply Area. The agreement is expected to close in the second quarter of 2016 and is subject to customary closing conditions.

“This acquisition will further increase our focus on specialty markets worldwide,” said Canfor Corporation President and CEO Don Kayne.
“We are pleased to further grow and diversify the product line we are able to provide to our global customers, and to welcome our new colleagues at WynnWood to Canfor.”

Canfor is a leading integrated forest products company based in Vancouver, British Columbia (“BC”) with interests in BC, Alberta, North and South Carolina, Alabama, Georgia, Mississippi and Arkansas. Canfor produces primarily softwood lumber and also owns a 51.9% interest in Canfor Pulp Products Inc., which is one of the largest producers of market northern bleached softwood kraft pulp and a leading producer of high performance kraft paper. Canfor shares are traded on the Toronto Stock Exchange under the symbol CFP.