Canfor Pulp Announces Leadership Changes

VANCOUVER, March 5, 2018 /PRNewswire/ - Canfor Pulp Products Inc. (TSX:CFX) announced today that, due to an organizational change, Brett Robinson, President of Canfor Pulp, will be leaving the Company, effective today. The President responsibilities for Canfor Pulp will be consolidated under Don Kayne, CEO of Canfor Pulp and Canfor Corporation.

Brett Robinson became President of Canfor Pulp in 2012, previously serving as Executive Vice President of Pulp Operations. "Over his more than 25 years with Canfor, Brett has been an excellent contributor and leader in our organization. He leaves a strong legacy and team, and we thank him for his many contributions," said Canfor Pulp Products Inc. CEO Don Kayne

Forward Looking Statements

Certain statements in this press release constitute "forward-looking statements" which involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. Words such as "expects", "anticipates", "projects", "intends", "plans", "will", "believes", "seeks", "estimates", "should", "may", "could", and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are based on management's current expectations and beliefs and actual events or results may differ materially. There are many factors that could cause such actual events or results expressed or implied by such forward-looking statements to differ materially from any future results expressed or implied by such statements. Forward-looking statements are based on current expectations and Canfor assumes no obligation to update such information to reflect later events or developments, except as required by law.

Canfor Pulp Products Inc. ("Canfor Pulp" or "CPPI") is a leading global supplier of pulp and paper products with operations in the central interior of British Columbia ("BC") employing approximately 1,300 people throughout the organization. Canfor Pulp owns and operates three mills in Prince George, BC with a total capacity of 1.1 million tonnes of Premium Reinforcing Northern Bleached Softwood Kraft ("NBSK") Pulp and 140,000 tonnes of kraft paper, as well as one mill in Taylor, BC with an annual production capacity of 220,000 tonnes of Bleached Chemi-Thermo Mechanical Pulp ("BCTMP").  Canfor Pulp is the largest North American and one of the largest global producers of market NBSK Pulp.  CPPI shares are traded on the Toronto Stock Exchange under the symbol CFX.

SOURCE Canfor Pulp Products Inc.