The two WRI global wood fiber prices indices fell slightly in the 2Q/18 after having increased for all of 2017 and early 2018. For most of the key pulp-producing regions, prices were down because of the strengthening US dollar, while prices in the domestic currencies generally have gone up the past year. In the 2Q/18,…
VANCOUVER BC — Conifex Timber Inc. has announced hat its wholly-owned subsidiary Conifex Power Limited Partnership completed a $70 million secured term loan with a syndicate of private lenders to refinance its existing loan. The Loan has a 15-year term, is secured by substantially all of the power segment assets and bears interest at a…
Bandit now offers extending Kesla loaders with radio remote controls on its Intimidator 21XP hand-fed chippers, giving land-clearing professionals, tree care companies and right-of-way contractors a powerful all-in-one tool to dispose of limbs and even whole trees. “Rated as a 21” capacity chipper, the 21XP is the largest hand-fed chipper in Bandit’s fleet, so it’s…
John Deere hosted an exclusive media event in Moline Illinois in early September to unveil its latest equipment offerings, giving industry trade media a first look at the next-generation of John Deere Machinery. The two-day event also provided an opportunity for trade media participants to jump in the cab and try out the John Deere…
In the Finnish mechanical and chemical forest industry, three million tonnes of softwood bark are produced annually, presently mainly used for energy production. Using a method developed by VTT, a high yield of pure tannins can be extracted from the bark for use as a raw material for resins used in wood products. The residual…
Canfor reported operating income of $201.8 million for the third quarter of 2018, down $80.3 million from reported operating income of $282.1 million for the second quarter of 2018, with the decline reflecting lower operating earnings in both the lumber and pulp and paper segments. Reported results for the third quarter of 2018 included a…
Wood-Mizer has introduced two new bandsaw blade options with 1” and 1 ¼” tooth spacing to satisfy the needs of high production, high horsepower resaw and sawmill operations. The new blade tooth spacing options further expand the industry-leading Wood-Mizer range that includes a large variety of bandsaw blades for nearly every type of sawing or…
THUNDER BAY, ONTARIO — A 100% First Nations owned and operated company based in Thunder Bay has received province-wide recognition. It was officially announced on Thursday, October 18, 2018 that the Agoke Development Corporation (Agoke) was the recipient of the Business Partnership of the Year Award at the NADF Business Awards. The forestry enterprise owned…
TORONTO — Ontario’s Government for the People is taking concrete measures to make Ontario open for business, grow the economy and help create and protect good jobs across the province. Jim Wilson, Ontario’s Minister Responsible for Red Tape and Regulatory Burden Reduction, joined Laurie Scott, Minister of Labour and Merrilee Fullerton, Minister of Training, Colleges…
NORTH BAY, ON — Each year, Workplace Safety North (WSN), the provincial health and safety association for mining, forestry, and paper, printing, and converting sectors, recognizes Ontario workplaces with a strong safety culture. “The President’s Award is our highest provincial health and safety honour, and recognizes exceptional commitment to the prevention of illness and injury,…