Prince George, BC – Canfor Pulp Products Inc has seen a slight increase in its adjusted net income for the second quarter of 2013.

Canfor Pulp had an adjusted net income of $15.4-million dollars for the second quarter, or 22-cents per share, up $3-million from the $12.4-million earned in the first three months of the year.  The adjusted net income for the same quarter last year was $6-million dollars.

For the first six months of the year ending June 30th, the company had a net income of $18.5-million dollars, or 26-cents per share, up $5.5-million from the same period last year.

The company says the second quarter results reflect a slight improvement in global softwood pulp markets, but this was mainly due to reductions in supply caused by scheduled spring shutdowns at its Northwood and Intercontinental pulp mills.

Commenting on the second quarter’s results, CPPI’s Chief Executive Officer, Don Kayne, said, "The Company again delivered solid results in fairly challenging markets and taking into account the scheduled outages undertaken during the quarter. The scheduled outages were completed on time and on budget and set us up well for the balance of the year."

Yesterday, the Board of Directors declared a quarterly dividend of 5-cents per share for shareholders.