VANCOUVER — West Fraser’s lumber segment generated operating earnings of $232 million (Q3-17 – $126 million) and Adjusted EBITDA of $258 million (Q3-17 – $195 million). This quarter’s results were favorably impacted by higher product pricing, higher SYP production and shipments, offset by slightly lower SPF production and shipments. Countervailing and anti-dumping duties, which were…
VANCOUVER — Canfor reported operating income of $214.2 million for the fourth quarter of 2017, up $108.8 million from reported operating income of $105.4 million for the third quarter of 2017, with the increase reflecting higher operating earnings for both the lumber and pulp and paper segments. Lumber segment results reflected significantly higher Western Spruce/Pine/Fir…
OTTAWA — The governments of Canada and Ontario have released the final Lake Erie Action Plan. The plan identifies more than 120 federal, provincial and partner actions, using mandatory and voluntary approaches, to help achieve the goal of reducing phosphorus entering Lake Erie by 40 percent. The plan will be reviewed and revised as needed…
Ontario Centres of Excellence (OCE) has announced the 20 semi-finalists for Ontario’s Solutions 2030 Challenge – a global call for innovators to propose solutions to help Ontario industry reduce greenhouse gas (GHG) pollution. The initiative is part of the broader TargetGHG program, which is delivered by OCE on behalf of the Ministry of Research, Innovation…
FutureMetrics projects that Japanese demand for biomass fuels – including wood pellets, palm kernel shells (PKS), domestic biomass, and imported woodchips – will increase 351% from 2017 to 2025 as Japan embraces biomass as a significant part of its energy future. Wood pellet demand alone is projected to reach nearly 10 million tonnes by 2025….
In his dissertation, Senior Scientist and M.Sc. (Eng.) Kristian Melin of VTT Technical Research Centre of Finland has developed a modelling and evaluation method for identifying which biorefinery processes – of those being considered for development –will use raw materials most efficiently, reduce greenhouse gas emissions the most, or be most economical. The method can…
Cellulose is a common raw material in electrical insulation components. However, the production of high quality products is labour-intensive and slow. Scientists are solving these problems by developing new processing solutions in the EU-funded NOVUM project. Significant improvements will also be made in intensifying resource efficiency and reducing energy consumption and operation costs. Production of…
BC – Auditor General Carol Bellringer’s report, agrees with previous government estimates that B.C. will not meet its 2020 greenhouse gas emissions reduction target. It also questions whether the more ambitious 2050 target to reduce emissions can be met. B.C.’s adaptation plans to deal with climate change haven’t been updated since 2010, and support for…
Quebec – An “aviation first” for Quebec-based Agrisoma Biosciences Inc. The company’s oil-seed bio-jet fuel powered the world’s first dedicated transpacific flight by Qantas Airways between Australia and the United States. The inaugural green fuel flight of the new Qantas Boeing 787-9 Dreamliner left Los Angeles International Airport on January 28, 2018, and arrived 15…
SAINT-HYACINTHE, QC – The Minister of Sustainable Development, the Environment and the Fight Against Climate Change, Isabelle Melançon, accompanied by the Mayor of Saint-Hyacinthe, Claude Corbeil, inaugurated the Saint‑Hyacinthe biomethanation plant, the largest of its kind in Canada. Completed under phase 2 of the project work, the new facilities in Saint-Hyacinthe will be able to…