Although risk, as well as investment sources, are important issues for the wood bio-products industry, the longterm outlook and possibilities are bright. That was the message conveyed at the COFI Convention session on this emerging industry, which encompasses a wide variety of wood-derived products, including materials, fuels, chemicals, resins and even sugar-based foods. Trevor Stuthridge,…
Two American pulp and paper mill owners are charging ahead in their quest to have tariffs placed on supercalendered paper entering the U.S. from Port Hawkesbury Paper Corp. In a preliminary injury inquiry on Friday, American trade commission voted to refer the case to the department of commerce for further investigation. Lead by American supercalendered…
The Environment Department has received three appeals to the 2015 industrial approval for the Northern Pulp mill in Pictou County. Thursday marked the deadline to file an appeal. Appeals were submitted by the Pictou Landing First Nation, a community group called Clean the Pictou Air and Northern Pulp. Environment Minister Randy Delorey, who said he…
The forestry industry has been credited as one of the bright spots during this financial downturn, especially in Alberta and economic developers want to know how. The Alberta Association of Economic Developers is holding its 2015 AGM in Kananaskis this week and one of the presentations is from the Forest Products Association of Canada. There…
A call for change was the message at the Council of Forest Industries convention this morning. The relationship between sawmill operations and the newest addition to forestry: bioenergy, was the focus of this morning’s panel at the convention. Everyone agrees, there will be a reduction in the Annual Allowable Cut is on the horizon now…
Canadian lumber stocks have been in a major tailspin since mid-February, but it may be a while longer until they bottom, says Martin Roberge, portfolio strategist at Canaccord Genuity. “Do not chase down broken lumber stocks,” he said in a note to clients Thursday. “While we have a positive view on the U.S. housing market,…
North America’s enormous conifer forests are being decimated by tiny beetles. About the size of a pencil eraser, bark beetles are native pests that have gotten carried away in recent years with help from climate change. They’ve killed 46 million acres of forest in the Western U.S. alone since 2000, and the U.S. Forest Service has estimated they cause…
Surespan, the company that holds AJB Investments, assures it will not log in the watershed on the east side of Chapman Creek this spring and will only plant trees in cut block CH1 on the west side. Sunshine Coast Regional District (SCRD) board chair Garry Nohr told Coast Reporter of the development after a Tuesday…
Even after a thirty-year career in the industry, I often tell people that fresh information about British Columbia’s coastal forest industry crosses my desk every day. One recent example came from a new report by Business Council of British Columbia (BCBC). The report cited that of all jurisdictions in North America today, BC has the…
James Gorman says there’s reasons to be optimistic and also a number of factors to keep an eye on over the next while in the forestry sector. The president of the Council of Forest Industries (COFI) made the comments on day one of their annual two day convention in Prince George this afternoon. “Some of…