The plant will convert over 90% of wood residues — bark, shavings, branches, tops and recycled wood — into energy for both heat and electricity.
Cedar and cypress drop 9.6% and 7.1% year on year; spruce studs rise 1.4% month on month yet remain below May 2024.
Exports of wood chips from Vietnam to Japan grew 25%.
Price for plywood exported from Russia to the U.S. added 0.7%.
Exports of plywood from Brazil lost 10%.
Exports of newsprint from Canada lost 14%.
The price of lumber declined 7%.
Chairman Roberto Selci takes over as CEO.
New facility can produce enough lumber for 14,000 homes and reserves 40 hectares for mass timber expansion.
Price for wood pellets exported from Canada upped 2%.
Exports of wood chips from the U.S. grew 10%.
Shipments fall 6% as capacity utilization declines to 76.1%.
Exports of logs from Canada increased 16%.
Exports of lumber from Germany to the U.S. slid 1.4%.
Combination will capture significant commercial and cost synergies, accelerate James Hardie’s revenue and EBITDA growth and drive robust free cash flow generation.
The Lumber for Nations Program aims to support building projects in the Indigenous communities represented by the Meadow Lake Tribal Council. It provides both purchasing opportunities and product donations to help community-supported projects come to life.