Tembec has made major investments in green energy projects that will generate steady revenues and improve our environmental performance, and in cost and productivity improvement projects in our manufacturing operations.
Capital investment plan exceeds $500 million dollars
Tembec’s multi-year capital investment plan (2011-2015) covers two main areas, with a focus on high returning projects that use proven technology and equipment:
- Green energy is the centerpiece, with a focus on cogenerated electricity facilities that will provide stable revenues, as well as bioenergy projects that will improve business and environmental performance.
- Smaller projects are designed to reduce costs and increase productivity across all our businesses.