North America - Page 2
Stay up to date with the news updates from North America.
British Columbia reduces sawmill output
Three of British Columbia’s largest forest products companies announced reductions in output due to Covid-19 market volatility.
Three of British Columbia’s largest forest products companies announced reductions in output due to Covid-19 market volatility.
US housing industry stats looking more positive
The rate of housebuilding permits issued in the US has reached its most healthy position for five years.
The rate of housebuilding permits issued in the US has reached its most healthy position for five years.
Norbord posts lower quarterly earnings
Global wood-based panels producer Norbord has posted significantly lower earnings than a year ago due mainly to the drop off of North American OSB prices.
Global wood-based panels producer Norbord has posted significantly lower earnings than a year ago due mainly to the drop off of North American OSB prices.
US timber giant agrees to acquire UK timber agency
US-based International Forest Products LLC (IFP) has announced an agreement to acquire Price and Pierce Forest Products Ltd, one of the oldest timber agencies in the UK.
US-based International Forest Products LLC (IFP) has announced an agreement to acquire Price and Pierce Forest Products Ltd, one of the oldest timber agencies in the UK.
Schattdecor acquires US Coating Company
Wood based panels surfacing giant The Schattdecor Group has finalised the purchase of US Coating Company, of South Carolina.
Wood based panels surfacing giant The Schattdecor Group has finalised the purchase of US Coating Company, of South Carolina.
ICC code changes to allow CLT construction up to 18 storeys
The International Code Council (ICC) has approved an entire package of 14 tall mass timber code change proposals which will see some CLT buildings allowed up to 18 storeys.
The International Code Council (ICC) has approved an entire package of 14 tall mass timber code change proposals which will see some CLT buildings allowed up to 18 storeys.
Formica Group to be sold to Broadview
Formica Group is to be sold by its New Zealand owners Fletcher Building Ltd to Broadview Holding BV (‘Broadview’) for US$840m.
Formica Group is to be sold by its New Zealand owners Fletcher Building Ltd to Broadview Holding BV (‘Broadview’) for US$840m.
Softwood exports grow, says latest report
Exports of softwood lumber from Russia, Germany and the Nordic countries have increased due to high demand for wood in Asia and Europe in early 2018, while Canadian exports fell to the lowest levels in five years, reports the Wood Resource Quarterly (WRQ).
Exports of softwood lumber from Russia, Germany and the Nordic countries have increased due to high demand for wood in Asia and Europe in early 2018, while Canadian exports fell to the lowest levels in five years, reports the Wood Resource Quarterly (WRQ).
US softwood lumber consumption on track for record highs
US consumption of softwood lumber is likely to reach record-highs by 2030, resulting in export opportunities for sawmills in Europe and Latin America, according to a new study from ForestEdge and Wood Resources International.
US consumption of softwood lumber is likely to reach record-highs by 2030, resulting in export opportunities for sawmills in Europe and Latin America, according to a new study from ForestEdge and Wood Resources International.
Declining wood products trade between China and the USA
The value of the wood products trade between China and the US fell 16% in March 2018, according to the International Tropical Timber Organisation’s latest market report.
The value of the wood products trade between China and the US fell 16% in March 2018, according to the International Tropical Timber Organisation’s latest market report.
Automated roof truss production first
Finnish robotic automation and software technology company Trussmatic has developed the first fully automated wood roof truss production line in the world.
Finnish robotic automation and software technology company Trussmatic has developed the first fully automated wood roof truss production line in the world.
Panels giant Arauco to acquire Masisa Mexico assets
South America based wood-based panel giant Arauco is to buy Masisa’s Mexican mills in a US$245m deal.
South America based wood-based panel giant Arauco is to buy Masisa’s Mexican mills in a US$245m deal.
Final decision on US-Canada softwood lumber dispute favours US
A final ruling in the US-Canada softwood lumber dispute has seen the United States International Trade Commission (USITC) uphold tariffs on Canadian softwood imports to the US.
A final ruling in the US-Canada softwood lumber dispute has seen the United States International Trade Commission (USITC) uphold tariffs on Canadian softwood imports to the US.
Norbord’s UK and German markets still “strong”
Panel maker Norbord’s European operations delivered second quarter adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of US$9m (€7.7m) versus US$11m (€9.4m) in the same quarter last year and $6m (€5.1m) in the prior quarter.
Panel maker Norbord’s European operations delivered second quarter adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of US$9m (€7.7m) versus US$11m (€9.4m) in the same quarter last year and $6m (€5.1m) in the prior quarter.
US predicted to import more wood from Europe
Increased European lumber exports to the US are being widely predicted this year due to a combination of soaring US lumber prices and Canadian lumber exports being hit with new import tariffs on the American border, says Wood Resource Quarterly (WRQ).
Increased European lumber exports to the US are being widely predicted this year due to a combination of soaring US lumber prices and Canadian lumber exports being hit with new import tariffs on the American border, says Wood Resource Quarterly (WRQ).
Canada says American lumber duties will hit Canadian timber jobs and US consumers
Canada has criticised the US government’s decision to impose countervailing duties of up to 24% on Canadian softwood lumber entering the US.
Canada has criticised the US government’s decision to impose countervailing duties of up to 24% on Canadian softwood lumber entering the US.
EU plywood imports rise to near record level
EU imports of plywood increased by 8% to 4.13 million m3 in 2016, the second highest level ever recorded, according to the International Tropical Timber Organisation’s latest market report.
EU imports of plywood increased by 8% to 4.13 million m3 in 2016, the second highest level ever recorded, according to the International Tropical Timber Organisation’s latest market report.
US lumber markets price volatility
US lumber markets are seeing some major price volatility, according to market research company International Wood Markets Group Inc.
US lumber markets are seeing some major price volatility, according to market research company International Wood Markets Group Inc.
Norbord boosts earnings in 2016
Panel production giant Norbord has reported 2016 adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of $383m – a more than threefold increase over 2015.
Panel production giant Norbord has reported 2016 adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of $383m – a more than threefold increase over 2015.
Report details global softwood lumber price growth
The upward trend of global softwood lumber prices is charted in the latest market update from Wood Resource Quarterly.
The upward trend of global softwood lumber prices is charted in the latest market update from Wood Resource Quarterly.
