by Working Forest | Aug 2, 2018 | Archives
The American Forest & Paper Association (AF & PA) announced the election of Resolute Forest Products president and chief executive officer Yves Laflamme and Sonoco Products Company president and chief executive officer Robert Tiede to serve on its board of...
by Working Forest | Aug 2, 2018 | Archives
TORONTO — CNW – Norbord Inc. has reported Adjusted EBITDA of $273 million for the second quarter of 2018 versus $165 million in the second quarter of 2017 and $170 million in the first quarter of 2018. The 65% year-over-year improvement is primarily due to...
by Working Forest | Aug 2, 2018 | Archives
CNW – Resolute Forest Products Inc., has reported net income for the quarter ended June 30, 2018, of $72 million, or $0.77 per diluted share, compared to a net loss of $74 million, or $0.82 per share, in the same period in 2017. Sales were $976 million in the...
by Working Forest | Aug 1, 2018 | Archives
Nanaimo, BC — Trans Canada Trail (TCT) has announced a $200,000 gift from TimberWest Forest Corp., which will support new improvements along The Great Trail in British Columbia. TimberWest first gave $100,000 in 2017, which helped connect a significant portion...
by Working Forest | Aug 1, 2018 | Archives
Canfor Pulp Products Inc. second quarter 2018 net income was $63 million, or $0.97 per share. Record-high 2Q 2018 sales amounted to $396 million, reflecting strong shipments and sales realizations, as the company says in the press release. CPPI reported operating...