West Fraser Timber Co. Ltd.

West Fraser Timber Co. Ltd.

July 14, 2011 17:04 ET

West Fraser Timber Co. Ltd. ("WFT"): KM LNG to Purchase Eurocan Site

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 14, 2011) - West Fraser Timber Co. Ltd. (TSX:WFT) -

West Fraser today announced that it has entered into an agreement to sell its Eurocan site located in Kitimat, B.C. and related assets to KM LNG Operating General Partnership. The sale is expected to be completed later in 2011.

"Further to the earlier agreement to sell the wharf to Rio Tinto Alcan Inc., we are pleased to announce the sale of the site to KM LNG, an industrial consortium led by Apache Canada Ltd.," stated Hank Ketcham, West Fraser's Chairman, President and CEO.

West Fraser is an integrated wood products company producing lumber, wood chips, LVL, MDF, plywood, pulp and newsprint. The Company has operations in western Canada and the southern United States.

West Fraser shares trade on the Toronto Stock Exchange under the symbol: "WFT".

Contact Information

  • West Fraser Timber Co. Ltd.
    Ted Seraphim
    Executive Vice President and Chief Operating Officer
    (604) 895-2700

    West Fraser Timber Co. Ltd.
    Ed Nickel
    Administration Manager
    (604) 895-2700
    (604) 681-6061 (FAX)