1、Canfor pulp produCts inC.annual report 2013www.Canforpulp.Comqualityproductsreliable supplierExcellent fibre sources and targeted capital investments make us a world leader in supplying premium pulp and specialty papers.We are improving yield while reducing environmental impact.Thanks to award-winni
2、ng environmental performance,we use less water,generate less waste,and have reduced greenhouse gas and air emissions.more value less impactproducing green energyOur mills are large-scale bio-refineries.We are one of the largest single producers of bioenergy in North America.innovationfocus,unmatched
3、We support cutting-edge collaborative research that improves our products and performance.We are a top quartile NBSK producer in North America.5message to shareholdersCanfor Pulp Products Inc.continues to pursue activities that maintain our industry leadership by helping us reduce costs,secure our p
4、remium product quality,grow our green energy business and capitalize on attractive growth opportunities.In the last three years,we have invested$307 million in capital improvements at our pulp and paper operations.This includes upgrades of two turbo-generators at Northwood Pulp Mill that were comple
5、ted on time and on budget in December,increasing the mills energy efficiency and incremental green power generation.In October,we commissioned a new precipitator at Prince George Pulp Mill to substantially reduce particulate emissions while increasing power production capacity.The equipment is perfo
6、rming better than expected,and the mill broke production records in 2013.In November,we entered into a strategic sales and marketing cooperation agreement with the European forest products company UPM-Kymmene Corporation.On January 1st,2014,we began to co-market each others products in North America