Canfor Pulp Products Inc. completes Canadian Forest Products Ltd. election to exchange interest in Partnership

Mar 02, 2012. /Lesprom Network/. Canfor Pulp Products Inc. (“CPPI”) has completed the previously announced exchange with Canadian Forest Products Ltd. ("CFP"), which has resulted in CFP now holding a 50.2% interest in CPPI and CPPI holding a 100% interest in each of Canfor Pulp Limited Partnership (the “Partnership”) and its general partner, Canfor Pulp Holding Inc. Canfor Pulp Limited Partnership is a limited partnership formed on April 21, 2006, under the laws of Manitoba to acquire and carry on the Northern Bleached Softwood Kraft ("NBSK") pulp and paper business of Canfor. The business consists of two NBSK pulp mills and one NBSK pulp and paper mill located in Prince George, BC and a marketing group based in Vancouver, BC.