Articles

Rottne Industri making a new major investment in Canada

May 7, 2021

Three new dealers, three new service providers, and a steadily growing order intake for new forest machines. Rottne Industri is growing ever stronger in Canada. “We are building a dealer network all over the country”, says Arne Isaksson, Sales and Marketing Manager at Rottne Industri. Rottne’s harvesters and forwarders have

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Forestry and Forest Products Sector Releases Global Sustainability Progress Report

May 7, 2021

The International Council of Forest and Paper Associations (ICFPA) has released its biennial Sustainability Progress Report which demonstrates progress in seven key areas of sustainability. The 2021 report also highlights the forest products sector’s global response to the COVID-19 pandemic. ICFPA serves as a forum of global dialogue, coordination, and cooperation. Currently,

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Plan to restart Northern Pulp mill to be redrafted

May 7, 2021

HALIFAX, BLOOMBERG  — The owners of an idled pulp mill in northern Nova Scotia say their plans for a new effluent treatment facility have been withdrawn from the province’s environmental assessment process. Northern Pulp issued a statement Wednesday saying the company is instead drafting a new plan that calls for

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Paper machine starts rolling in Powell River

May 7, 2021

MACHINE RUNNING: UNIFOR Local 76 president Bill Spence [left] and Local 1 president Eldon Haggarty, along with Catalyst Powell River general manager Krista Cuddy, say a great deal of cooperation and hard work has gone into producing paper products again at the Powell River mill. Paul Galinski photo POWELL RIVER

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Canfor reports higher operating income in first quarter 2021

May 6, 2021

For the first quarter of 2021, the Company reported operating income of $602.6 million, $183.0 million higher than operating income of $419.6 million reported for the fourth quarter of 2020, reflecting record results for the lumber segment and improved results in the pulp and paper segment. In the lumber segment,

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Western reports record first quarter 2021 results

May 6, 2021

VANCOUVER, BC, CNW – Western Forest Products Inc. has reported adjusted EBITDA of $62.9 million in the first quarter of 2021. Western capitalized on strong North American markets and overcame logistics constraints to deliver record realized lumber pricing. Net income in the first quarter of 2021 was $53.8 million ($0.14 net income per diluted share), as compared

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Domtar confirms deal talks with Canadian rival Paper Excellence

May 5, 2021

BLOOMBERG — Domtar Corp. confirmed it has been in discussions with Canada’s Paper Excellence about a potential business combination, the company said Tuesday. Bloomberg reported on Monday that the Canadian paper and packaging company is exploring a deal to acquire the U.S. rival. “Domtar acknowledges that its management has been

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