January 26, 2012 / 2:27 PM / in 6 years

UPDATE 1-Tembec Q1 loss widens

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Jan 26 (Reuters) - Canadian forestry company Tembec Inc posted a wider first-quarter loss hurt by weak paper pulp markets and lower selling prices.

The company, which produces lumber, paper and pulp, posted a loss of C$16 million, or a loss of 16 Canadian cents a share, compared to a loss of C$11 million, or 11 Canadian cents a share, in the prior-year quarter.

Total sales fell about 5 percent to C$401 million. (Reporting by Maneesha Tiwari in Bangalore; Editing by Supriya Kurane)

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