-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QdZvflCSvHBDEeUw3JMToxLJUYlVzZc1NFQOXIpIINE07uFW1M2NJvNKECM+rDvg iYV6m/3Sr5M6o3WtDK5pRg== 0001309014-06-000075.txt : 20060209 0001309014-06-000075.hdr.sgml : 20060209 20060209151532 ACCESSION NUMBER: 0001309014-06-000075 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050207 FILED AS OF DATE: 20060209 DATE AS OF CHANGE: 20060209 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Western Forest Products Inc. CENTRAL INDEX KEY: 0001299951 STANDARD INDUSTRIAL CLASSIFICATION: SAWMILLS, PLANNING MILLS, GENERAL [2421] IRS NUMBER: 000000000 STATE OF INCORPORATION: A1 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 033-74656-99 FILM NUMBER: 06592731 BUSINESS ADDRESS: STREET 1: 435 TRUNK ROAD STREET 2: 3RD FLOOR CITY: DUNCAN STATE: A1 ZIP: V9L 2P9 BUSINESS PHONE: 250-748-3711 MAIL ADDRESS: STREET 1: 435 TRUNK ROAD STREET 2: 3RD FLOOR CITY: DUNCAN STATE: A1 ZIP: V9L 2P9 6-K 1 htm_1087.htm LIVE FILING Western Forest Products Inc. - Form 6-K
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

February 7, 2005

Commission File Number: 033-74656-99

Western Forest Products Inc.
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(Translation of registrant’s name into English)
 
Canada
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(Jurisdiction of incorporation or organization)
 
3rd Floor, 435 Trunk Road, Duncan, British Columbia V9L 2P9
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(Address of principal executive office)
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:  [x] Form 20-F    [ ] Form 40-F
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  [ ]
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  [ ]
 
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:  [ ] Yes    [x] No
 
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):    n/a 
 




SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
    Western Forest Products Inc.
     
Date: February 8, 2006 By: Paul Ireland

  Name:  Paul Ireland
  Title: Chief Financial Officer
     

EXHIBIT INDEX

Exhibit No.   Description

 
99.1   Form 6-K Feb. 7 2005 news release land use decisions
     

EX-99.1 2 exhibit1.htm EX-99.1 Exhibit  EX-99.1

[WFP LOGO]

WESTERN FOREST PRODUCTS INC.
435 Trunk Road
Duncan, British Columbia
Canada V9L 2P9
Telephone: 250 748 3711
Facsimile: 250 748 6045

WESTERN FOREST PRODUCTS INC.

FOR IMMEDIATE RELEASE TSX: WEF

Western Forest Products Comments on Central and North Coast Land Use Decisions

Vancouver, February 7, 2006 – The British Columbia Government today announced land use decisions for the Central and North Coast that detail a vision for the use and management of public lands and resources in the region. The decisions pave the way for finalizing government to government land use agreements with First Nations. This decision is the outcome of negotiations over a number of years and involved interested stakeholders including the Government of BC, First Nations, environmental groups, local communities and forest industry representatives. Western Forest Products (TSX:WEF) interests have been represented through its membership of the Coast Forest Conservation Initiative, an industry group involved in the Plan negotiations. The decision affects approximately 6.4 million hectares of land along the Central and North Coast areas of BC and will result in more than one third of the land area being unavailable to logging. The areas available to logging will be managed under an ecosystem-based management framework.

Commenting on the Plan, Reynold Hert, President and Chief Executive Officer noted “The certainty of knowing where we can operate, the certainty of knowing what areas are permanently protected, and the certainty for our customers that we will continue to produce forest products from the BC Coast free from market campaigns is a hallmark of success.”

Western’s current Allowable Annual Cut of timber (“AAC”) in the Central and North Coast region is approximately 615,000 cubic metres. It is anticipated that this will be reduced once Protected Areas are established and ecosystem based management is fully implemented. Western has not been harvesting its full AAC in this region for a number of years due to temporary reductions put in place during the negotiation period and uncertainty around operating areas. Western does not anticipate a significant change in the current harvest rate in comparison to the harvest in recent years as a result of this decision. The land use decision, which will include ongoing negotiations with stakeholders, is expected to be fully implemented by 2009.

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Western Forest Products
Western is an integrated Canadian forest products company and currently the second largest coastal woodland operator in British Columbia. Principal activities conducted by Western and its subsidiaries include timber harvesting, reforestation, sawmilling logs into lumber and wood chips, and value-added remanufacturing. Over 95% of Western’s logging is conducted on government owned timberlands in British Columbia. All of Western’s operations, employees and corporate facilities are located in the coastal region of British Columbia and its products are sold in over 25 countries worldwide. Following the completion of Western’s previously announced acquisitions of Cascadia Forest Products Ltd. and Tree Farm Licence 37, both of which are subject to regulatory approval and expected to close in the first quarter of 2006, Western expects to be the largest Coastal woodland operator and lumber producer with an AAC of approximately 7.7 million cubic meters and lumber capacity in excess of 1.5 billion board feet. The final pulp production run at the Squamish pulp mill on January 26, 2006 followed by its closure on March 9, 2006 will also result in the Company exiting the pulp business.

Forward Looking Statements
This press release contains statements that are forward-looking in nature. Those statements appear in a number of places herein and include statements regarding the intent, belief or current expectations of Western, primarily with respect to market and general economic conditions, future costs, expenditures, available harvest levels and future operating performance of Western. Such statements may be indicated by words such as “estimate”, “expect”, “anticipate”, “plan”, “intend”, “believe”, “will”, “should”, “may” and similar words and phrases. Readers are cautioned that any such forward-looking statements are not guarantees and may involve known and unknown risks and uncertainties, and that actual results may differ from those expressed or implied in the forward-looking statements as a result of various factors, including general economic and business conditions, product selling prices, raw material and operating costs, changes in foreign-currency exchange rates, changes in government regulation, fluctuations in demand and supply for Western’s products, industry production levels, the ability of Western to execute its business plan and misjudgments in the course of preparing forward-looking statements. The information contained under the “Risk Factors” section of Western’s Annual Information Form, under the “Risk Factors” section of Western’s Form 20-F/A and under the “Risk Factors” section of the final prospectus identifies important factors that could cause such differences. All written and oral forward-looking statements attributable to Western or persons acting on behalf of Western are expressly qualified in their entirety by the foregoing cautionary statements. Western does not expect to update forward-looking statements as conditions change.

Contacts:
For further information, please contact:

     
Reynold Hert (250) 715-2207
President & CEO
  Paul Ireland (250) 715-2209
CFO
 
   

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