MONTREAL, QC – Two of the largest shareholders of Tembec Inc. have said they will not support the proposed acquisition by Rayonier Advanced Materials Inc. unless the company improves its offer. Oaktree Capital Management LP, which owns 19.9 per cent of the Canadian forest products company, said it would vote against Rayonier’s US$807-million acquisition offer….
SEATTLE – Weyerhaeuser estimates it will cost US$50-60 million to address customer concerns about its TJI Joists with Flak Jacket Protection product. The company has determined that recent customer feedback regarding an odor in certain newly constructed homes is related to a recent formula change to the Flak Jacket coating that included formaldehyde-based resin. Weyerhaeuser…
Coast Forest Products Association congratulated British Columbia’s 36th premier, John Horgan and his newly sworn in cabinet. “We look forward to collaborating and working together with the new provincial government,” the association said in a blog post. The association gave special acknowledgement to Minister of Forests, Lands, Natural Resource Operations and Rural Development Doug Donaldson,…
QUÉBEC – FPInnovations has received the Omond Solandt Award, which is presented annually to a public or private organization that has made an outstanding contribution to operational research in Canada. The Omond Solandt 2017 Award from the Canadian Operational Research Society was given to FPInnovations to highlight its commitment to research, particularly through its promotion…
Paul Andre, CRSP, has taken the helm at Workplace Safety North, as acting president and CEO. Andre has served as vice-president of prevention services at WSN since 2010. The former CEO and field services manager of the Pulp and Paper Health and Safety Association has more than 25 years’ experience in Ontario’s prevention system, and…
In response to new polices that will significantly impact northern and rural Ontario, a coalition of indigenous and municipal leaders, chambers of commerce, unions and the forest sector have come together to voice their concerns over “a lack of meaningful consultation by the Ministry of Natural Resources and Forestry (MNRF).” Members of the Ontario Forestry…
Having cleared a number of legal hurdles earlier this year, a biomass-to-energy plant in Merritt, B.C., is now in the commissioning stage, and is still on track to be fully operational by the fall, according to the Merritt Herald. The plant generates electricity by superheating wood residuals and sawdust, and using the gas and steam…
REDLANDS, Calif. – Land cover mapping is a critical part of conservation planning, but current methods for collecting detailed geographic data are highly labor-intensive. Advanced technologies like artificial intelligence (AI) can help but are not yet widely accessible to those on the front lines of conservation and mapping, according to GIS provider Esri. That is…
WESTFORD, Mass.—Kadant Inc. is extending its reach as a supplier to the forest products sector with the purchase of the forest products business of NII FPG Company, a designer and manufacturer of equipment used by sawmills, veneer mills, and other companies in the forest products industry, for approximately US$173 million. The business will be integrated…
Four log cabin homes being built by Pioneer Log Homes of B.C. were destroyed by wildfire on the company’s property near Williams Lake, B.C. CTV News reports that fire swept through one of three yards owned by Pioneer and destroyed four homes in the process of being constructed, as well as hundreds of tools. Pioneer’s…