Trade mission to Asia to calm concerns about wood downturn
Beetle epidemic and two recent record-breaking wildfire seasons have destroyed millions of hectares of BC forests.
Taiga Building Products to buy Exterior Wood for $55M
A ‘significant step forward’ in a strategy to pursue value enhancing opportunities.
Smithers to redevelop particle board facility to produce pellets
Redeveloped site will have an annual production capacity of 125,000 tonnes.
Resolute and FPInnovations invest $21M in bio-chemicals from wood pilot
Converts wood chips to a sugar stream and a hydrolysis lignin stream but does not produce pulp.
UK demand fuels 46% rise in exports of Canadian wood pellets: NEB
Canadian industry has grown by 73% over the past four years: about 65% of the pellets are produced in BC.
Canada’s wood sector on the rise
US housing recovery and lower loonie are leading growth, report says.
Fuel from (wood) fibre
The popularity of Fiber Fuel has resulted in the Nova Scotia specialty wood producer adding capacity with a second briquetting machine.
Maibec acquires Fraser Timber’s Masardis mill
The operation produces over 100 million board feet of softwood annually.
Wood exports to increase with Mexico deal
Trade to increase with recognition of Canada’s heat treated lumber certification program.
Domtar buys adult diaper maker Indas for $563M
Aims to be a leading supplier of incontinence products in Europe.
Havoc to follow BC pine beetle epidemic: report
The pine beetle epidemic has chewed through BC’s forest industry and thousands of jobs are in danger within five years, says a confidential government report.
Ottawa may extend forest products programs
Ottawa may extend programs designed to help the forest products industry innovate and adjust to challenges that have eliminated thousands of jobs.
Canfor shutters two BC sawmills
Canfor Corp. has decided to close two BC sawmills, idled following the collapse of the US residential housing market in 2008, but it is investing $300 million in other facilities.
Asian demand drives up softwood prices
Softwood sawlog prices have trended upwards in all major regions of North America over the past two years, with the biggest increases occurring in the US Northwest, where the log export market has had a major impact on the supply-demand balance.
Wood product manufacturer meets California standards
LAVAL, Que.: Uniboard Inc’s manufacturing facility in Val-d’Or, Que.…