Canfor Pulp Reports Results for First Quarter of 2022

May 03, 2022

Canfor Pulp Products Inc. (“The Company” or “CPPI”) (TSX: CFX) today reported its first quarter of 2022 results:


  • Q1 2022 reported operating loss of $26 million; net loss of $20 million, or $0.31 per share
  • Notable uptick in global US-dollar pulp list prices in Q1; ongoing global supply chain challenges resulting in majority of price gains being realized in Q2 and Q3
  • Lower furnace rebuild of recovery boiler number one (“RB1”) completed mid-April; focused on optimizing production performance going-forward
  • Together with Canfor Corporation, announced the implementation of a comprehensive plan to achieve net-zero carbon emissions by 2050
  • Available liquidity of $111 million at March 31, 2022

Click to download the full release »

get timely news alerts

Subscribe via email