Articles
Stora Enso strengthens presence in France
TTJONLINE.COM — Stora Enso has invested in ACDF Industrie SAS, becoming a 35% shareholder of the French wood processing company. The investment is in line with Stora Enso’s growth strategy for mass timber building elements, enabling value-added, bespoke cross-laminated timber (CLT) solutions to its long-term French partners. ACDF Industrie SAS
Mill opening expected to create almost 1,700 jobs
paNOW — The opening of the Paper Excellence pulp mill is expected to add almost 1,700 jobs directly and indirectly to the local economy. CAPTION: Bronwyn Eyre, Minister of Energy and Resources, toured the pulp mill site north of Prince Albert yesterday and is pictured with representatives from Paper Excellence.
Wildfire battles becoming more costly
THE CHRONICLE JOURNAL — The cost of fighting Ontario forest fires last year during one of the hottest summers in memory is in the stratosphere, even more than previous seasons that were similarly rife with fires. The province finally released the 2021 tally of $239 million on Wednesday, following months
Softwood Lumber Market Finds Supply-Demand Balance
MADISON REPORT — For the moment it seems the North American construction framing dimension softwood lumber market has found a supply-demand balance, as the benchmark price drops slightly but many others remain flat. In the week following Easter, which is a big-deal holiday in Canada, sawmills and wholesalers seemed to
John Deere Unveils 900 MH-Series Tracked Harvester with Intelligent Boom Control
MOLINE, IL — John Deere has announced its latest operator assistance control feature, Intelligent Boom Control (IBC), for the 900 MH-Series Tracked Harvester. The development of this model is a result of global collaboration between the John Deere Wheeled Cut-to-Length and Full-Tree Forestry teams, aiming to implement IBC’s field proven
Western Announces First Quarter 2022 Results
VANCOUVER, BC, CNW – Western Forest Products Inc. has reported a net income of $38.0 million and adjusted EBITDA(1) of $65.4 million in the first quarter of 2022. Record first-quarter adjusted EBITDA was achieved by capitalizing on strong specialty product markets which helped us overcome global logistics constraints. Net income in the
Resolute Reports Preliminary First Quarter 2022 Results
MONTRÉAL, CNW – Resolute Forest Products Inc. has reported net income for the quarter ended March 31 of $210 million, or $2.68 per diluted share, compared to net income of $87 million, or $1.06 per diluted share, in the same period in 2021. Sales were $945 million in the quarter,
