Posts Tagged ‘wood products’
Leadership transition at Resolute; Garneau retires
MONTREAL – Resolute Forest Products has appointed Yves Laflamme as the company’s new president and chief executive officer, succeeding Richard Garneau. Garneau announced his retirement on Feb. 1. Laflamme has held progressively senior positions within Resolute, frequently on the wood products side of the business. “The Resolute Board of Directors enthusiastically supports Yves Laflamme’s selection,
Two B.C. forestry associations to merge
The BC Council of Forest Industries (COFI) and the Coast Forest Products Association (CFPA) will become one association next year to “create a stronger, unified voice for the BC forest industry.” The two will continue under the Council of Forest Industries banner, effective April 1, 2018. Until that time, COFI
Norbord earnings rose on higher OSB prices
TORONTO — Norbord Inc. reported Adjusted EBITDA of US$200 million for the third quarter of 2017 versus US$115 million in the third quarter of 2016 and US$165 million in the second quarter of 2017. The improvement is primarily due to higher North American oriented strand board (OSB) prices and shipment volumes. “Our third quarter performance continued
Economic study measures impact of forest industry in B.C.
VANCOUVER – An economic study released by the B.C. forest industry confirms that the sector continues to be a cornerstone of the provincial economy and one of the largest employers across the province. In 2016, the forest industry generated one out of every 17 jobs in the province, or 140,000
Trade deal with Europe eliminates tariffs
OTTAWA — The Forest Products Association of Canada expressed its support for the provisional application of the Comprehensive Economic and Trade Agreement (CETA) between Canada and the European Union. This agreement will immediately result in the elimination of quotas and tariffs of up to 10 per cent on Canadian exports
Norbord donates $1 million to HBI for hurricane reconstruction
TORONTO – Norbord Inc. is pleased to announce that it is donating US$1 million to the Home Builders Institute (HBI) to help with the rebuilding efforts following the recent hurricanes in Texas and Florida. “The construction industry is already afflicted by labor shortages, and the demand for framers will grow
New Woodrise Alliance works toward low-carbon construction
MONTREAL – On September 14, in Bordeaux, France, representatives at Woodrise 2017, a congress dedicated to midrise and tall wood buildings, made a formal call to take one step closer toward carbon neutrality by strengthening the share of wood used in building construction. Alain Juppé, former French Prime Minister and
