MONTREAL – Pulp, paper and lumber producer Tembec announced net earnings of $17 million in the June 2017 quarter compared to net earnings of $9 million in the June 2016 quarter. Operating earnings before depreciation, amortization and other items (adjusted EBITDA) was $59 million for the three-month period ended June 24, 2017, as compared to…
VANCOUVER – West Fraser Timber Co. has reported its second quarter 2017 results, showing an increase in earnings and strong product pricing. The company’s lumber segment generated operating earnings of $171 million (Q1-17 – $152 million) and adjusted EBITDA of $240 million (Q1-17 – $191 million). Improved product pricing was said to be the primary…
A unique, two-week intensive lumber grading short course will be offered in Ontario next month. Block 1 of the National Hardwood Lumber Association training usually requires two weeks of hands-on study at the NHLA Inspector Training School in Memphis, Tenn. This year, in cooperation with the Canadian Hardwood Bureau, this block of hands-on training will…
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…
LA TUQUE, QC – Bioénergie La Tuque will receive $500,000 from the federal government to carry out the first phase of technico-economic feasibility studies required to start up a biorefinery in La Tuque to convert residual forest biomass. “This significant contribution by Canada Economic Development for Quebec Regions will further de-risk the Bioénergie La Tuque…
TORONTO – Norbord has received a wood allocation for its curtailed OSB mill in Chambord, QC. The allocation takes effect April 1, 2018. “We are very pleased to have secured a wood allocation for our Chambord, Quebec mill so soon after acquiring it in the fall of 2016, and this is an important first step…
The U.S. Department of Commerce has concluded its preliminary evaluation and concluded softwood lumber products produced in the provinces of Newfoundland and Labrador, Nova Scotia, and Prince Edward Island should be excluded from antidumping and countervailing duty investigations. New Brunswick is not included in this decision. Because this is a preliminary decision, U.S. Customs will…
MONTREAL — Possible antidumping duties on Canadian softwood lumber that could be imposed by the United States will once again penalize Canadian workers and American consumers, according to the Montreal Economic Institute. Added to countervailing duties of around 20% imposed by the United States in April 2017, this new protectionist measure could reduce Canadian producers’…
VERNON, BC –Tolko Industries is restarting its oriented strand board mill, located near High Prairie, Alberta, in response to improving market conditions. The mill has been closed since 2008 when North American housing starts fell to a generational low, resulting in a loss of markets for oriented strand board. With markets improving and optimism that…
Forest Products Association of Canada has announced the winners of the 2017 Green Dream program. The ten chosen students will receive a scholarship and an iPad mini or GoPro camera to help them blog about their experiences working in Canada’s forest products industry throughout the summer. “These youths are the future of the forest products…