by Working Forest | Aug 9, 2021 | Archive Articles, Articles
RBC CAPITAL MARKETS — Lumber prices haven’t shown signs of rebounding yet, as OSB continues to have triple digit declines – According to Random Lengths, the Framing Lumber Composite fell by $16 w/w to $463, the 11 th consecutive weekly drop. Buying demand...
by Working Forest | Aug 6, 2021 | Archive Articles, Articles
PHYS.ORG., BY EUROPEAN SPACE AGENCY — Forests are not only key to moderating our climate by sequestering atmospheric carbon, but they also create a cooling effect by increasing low-level clouds. A first global assessment using satellite observations has shown...
by Working Forest | Aug 4, 2021 | Archive Articles, Articles
NEW YORK, GLOBE NEWSWIRE — Mercer International Inc. The Company has announced that it received approval from the applicable Bankruptcy Court for a sales Order approving the acquisition by its wholly-owned subsidiary of a state-of-the-art CLT manufacturing...
by Working Forest | Jul 29, 2021 | Archive Articles, Articles
BLOOMBERG — North American lumber producers are expected to post another quarter of record profits this week, but most attention will be on the outlook, with prices for wood products stumbling and do-it-yourself renovations slowing. Producers are building and...
by Working Forest | Jul 29, 2021 | Archive Articles, Articles
MONTRÉAL, CNW Telbec – Resolute Forest Products Inc. has reported a net income of $268 million, or $3.34 per diluted share, for the quarter ended June 30, compared to net income of $6 million, or $0.07 per diluted share, in the same period in 2020. Sales were...
