The Canadian timber group Canfor has set up a joint venture company together with the Chinese company Tangshan Caofeidian Wood Industry. According to a press report issued by Canfor on 26 November, each company is to hold 50% of shares in ...
Tags: Construction, wood
The Canadian sawmill group Canfor is poised to end production at its sawmill in Quesnel, British Columbia in March 2014. Canfor said that this decision was connected to very limited roundwood availability in the Quesnel region as a result ...
Tags: Construction, Decoration
Canfor saw its positive performance compared with last year continue in the third quarter as well. The Lumber business again fared much better than the Pulp and Paper division, as it had in previous quarters. Altogether the group raised its ...
Tags: Construction, Decoration
The US company Louisiana-Pacific wrapped up its complete take-over of the Peace Valley OSB mill on 31 May. The mill was previously operated as a joint venture with Canfor. The transaction was originally supposed to close at the end of 2012, ...
Tags: OSB mill, Louisiana-Pacific
Canfor is investing Can$80m in its sawmill activities in British Columbia this year. Of this sum, approximately Can$40m are to be invested in the Mackenzie location. As the company announced on 18 January, it intends to adapt and modernise ...
West Fraser Timber Co. And Western Forest Products Inc. Are leading Canadian lumber producers to the biggest combined profit since 2006 as mills run at five-year highs to feed a U. S. Housing rebound and near-record Chinese demand. Lumber ...
Tags: market view, lumber
The Canadian timber concern Canfor started a total investment in May 2012 of roughly Can$40m in the modernisation of the Radium and Canal Flats sawmills in British Columbia. Most of the investment sum will go to the Radium sawmill which was ...
Tags: market view, timber
VANCOUVER - Canfor Corp. (TSX: CFP) said Thursday it will spend $40 million on capital improvement projects at its sawmills in B. C. 's Kootenay region. The company plans to spend $38.5 million on a new planer, a biomass energy system and ...
Tags: market view, lumber
VANCOUVER, BC - Canfor said it has completed the acquisition of the Tembec Industries Ltd. 's southern British Columbia interior wood products assets. The $60 million deal, first announced Nov. 28, 2011, includes Tembec's Elko and Canal ...
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
San Jose, Calif. – Wood Panels, during the past few years, has gained mileage as a preferred material for decorative purposes in claddings, floorings, roof sheathing, internal linings, ceilings, and construction purposes. Wood Panels ...
Tags: industry trends, Wood Panel
Canfor is permanently closing two mills in British Columbia (BC). The closures affect the Rustad sawmill in Prince George and Tackama plywood mill in Fort Nelson. The mills had been the subject of a lengthy indefinite shutdown since the ...
Tags: market view, mill, plywood
Canfor Corp. Has reached an agreement with Tembec to purchase Tembec's two eastern British Columbia sawmills for $60 million, including working capital. The deal gives Canfor Tembec's mills at Canal Flats and Elko along with 1.1 million ...
Tags: market view, sawmill, Canfor
The lumber sector recently entered into a period of seasonal strength. What are prospects this year? Canadian lumber stocks such as Canfor, West Fraser Timber, and International Forest Products have a period of seasonal strength from ...
Tags: market view, lumber
China's appetite for Canadian lumber has reached a peak, according to new figures from Canfor Corp. (CFP-T10.21-0.12-1.16%), the Vancouver company that pioneered sales of British Columbia wood in the country. Canfor said late Thursday that ...
Tags: market view, lumber