Are yew pining for profits? Spruce up your trading and let the fir fly. The futures industry has always had something of a hate-hate relationship with forest products. Contracts on plywood and oriented strand board have bitten the sawdust ...
Tags: market view, lumber
Canfor (TSX: CFP) announced today that further to its news release of November 28, 2011, it has completed the acquisition of the Tembec Industries Ltd. ("Tembec") southern British Columbia interior wood products assets consisting of the ...
Tags: market view, Wood Products
B. C. Is moving ahead with plans to build what is expected to be the tallest wood building in North America and possibly the world, Jobs Minister Pat Bell said Wednesday. The proposed 10-storey Wood Innovation and Design Centre in Prince ...
Tags: market vie, wood building
Demand for American hardwoods in the Mena region is poised to remain strong in 2012 according to the American Hardwood Export Council (AHEC), the leading international trade association for the American hardwood industry. Confident about ...
Tags: market view, American hardwood, demand
Lumber, panelboard, pulp and paper manufactured by member companies of the Alberta Forest Products Association was worth about $2.2 billion in 2011, a drop of $152 million - or 6.6 per cent - from 2010. In the fourth quarter of 2011, ...
Tags: market view, Forestry, price
OLYMPIA, Wash. – When a massive earthquake destroyed San Francisco in 1906, timber mills in the Northwest went into high gear. They supplied the wood needed to rebuild. Last year, many in the timber industry predicted the Tohoku quake ...
Tags: market view, timber, export
Strong shipments of lumber and logs and improved production at its sawmills powered Western Forest Products to a $24-million profit in 2011, according to the company's year-end financial statements. The Nanaimo-based company reported a 28 ...
Tags: market view, log, demand
Finland’s wood product exports increased by 4% in 2011, according to fresh statistics released by the Finnish Forest Industries Federation (FFIF). While timber exports increased, pulp and paper exports remained at the same level as ...
Tags: market view, wood product
MISSOULA- A new study performed by the University of Montana's Bureau of Business and Economic Research shows that 2011 wasn't a very good year for the forest products industry in the Treasure State. The industry saw a big drop during the ...
Tags: market view, forest
News that Western Forest Products plans to invest $16 million into its Saltair sawmill is seen as a hopeful trend for the future of the forest company's other mills in the region. Lee Doney, a WFP spokesman, said that thanks to the ...
Tags: market view, forest, sawmill
The forest industry plays a critical role in a country's economy right from supporting the production of a diverse variety of forest based products towards generating employment and providing recreational and tourism opportunities. Given, ...
Tags: industry trends, Forest Products
Timber and forest products companies are once more among the top performers in terms of minimising the risk of their activities causing deforestation, according to the latest report from the Forest Footprint Disclosure initiative (FFD). The ...
Tags: market view, timber
OTTAWA - Canada and the United States have bought two extra years of relative peace on the lumber front. The two governments agreed Monday to extend the 2006 softwood lumber agreement by two years to October 2015 with no modifications to ...
Tags: market view, softwood, lumber
Local timber mills are climbing out of the recession, but it's going to be a sluggish trip, said Wade Mosby, vice president of Collins Products, a company that employs about 170 people in Klamath Falls. "We think it's not going to get any ...
Tags: market view, timber
According to analysts at Deutsche Bank (DB), November estimated containerboard prices were flat month/month at $635-645/ton. However, pressure on domestic prices is mounting. "We're forecasting a drop of $5/ton quarter/quarter in 4Q, and ...