CBC NEWS — A World Trade Organization ruling approved a long-outlawed U.S. trade policy on Tuesday when a panel of adjudicators said Washington’s use of “zeroing” to calculate anti-dumping tariffs was permissible in the case of Canadian softwood lumber. The WTO’s long-running row over zeroing is a technical dispute that turned into a power struggle…
Vancouver, British Columbia — Fortress Global Enterprises Inc. has announced that, further to its news release of July 11, 2018, its wholly-owned subsidiary, Fortress Xylitol Inc., has now entered into a definitive contribution agreement with Sustainable Development Technology Canada (“SDTC”) whereby SDTC has committed $10.4 million in contribution funding to support the planned construction and…
WRI’s global wood fiber prices indices reached four-year highs in the 4Q/18 as the costs for wood chips and pulp logs have moved upward in most of the 19 world regions tracked by the Wood Resource Quarterly. Global wood fiber prices have trended upward for much of the period 2014 to 2018, with wood…
A Kawerau sawmill has signed a deal with a Saudi Arabian customer to more than double its exports to the Middle East country and potentially ship up to1500 containers of processed wood products annually, according to a report in the New Zealand Herald. David Turner, executive director of Tauranga-headquartered Sequal Lumber, said the “significant” deal…
Judges at the Supreme Court of Canada heard arguments at the end of March about who will be responsible for clean-up costs at the Dryden mill, but there’s no date for the release of the court’s decision. According to a report by Kenoraonline.com, The province has been challenging the validity of an agreement with forestry…
Random Lengths Lumber Market Report While softness prevailed in prices, trading in framing lumber picked up modestly amid drier and warmer weather in some markets. Increased demand was mostly reported among distributors, wholesalers, and other buyers, while orders were slower to reach back to the mills. Even so, producers picked up on the modestly brighter…
Responding to the ambitious targets set in the EU’s Europe 2020 strategy of sustainable patterns of consumption and production, REHAP is an EU-funded project facilitating a significant step towards a better use of natural resources by creating novel materials from agricultural and forestry waste, whilst decreasing the use of fossil resources and energy in the…
Since taking over the reins of the engineering department in January 2018, Jacques Lajoie has initiated a development management plan. With wind in the sails and having increased their sales figures by over 40% in the course of the past two years, Carbotech must ensure that its organizational structure follows as well. For these same…
More than 2,800 items from 350+ owners to sell in the three-day event on April 11 – 13, 2019 GRANDE PRAIRIE, AB, April 1, 2019 /CNW/ – This week Ritchie Bros. will host its first Grande Prairie, AB auction of the year and with 2,800+ equipment items and trucks set to sell over three days,…
CBC NEWS — British Columbia is moving to help revive the provincial forest industry by requiring the use of engineered wood on the new St. Paul’s Hospital and the upgrade to the Royal B.C. Museum. According to a report by CBC News, Premier John Horgan told the Council of Forest Industries convention in Vancouver Friday…