Posts Tagged ‘wood products’

Leadership transition at Resolute; Garneau retires

February 1, 2018

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,

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Two B.C. forestry associations to merge

December 5, 2017

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

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Norbord earnings rose on higher OSB prices

October 31, 2017

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

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Economic study measures impact of forest industry in B.C.

September 26, 2017

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

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Trade deal with Europe eliminates tariffs

September 26, 2017

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

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Norbord donates $1 million to HBI for hurricane reconstruction

September 20, 2017

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

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New Woodrise Alliance works toward low-carbon construction

September 19, 2017

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

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