The total consumption of logs was 23.8 million cubic metres (-11%), and that of pulpwood was 36.7 million cubic metres (-2%).
Mr. Gandhi will join Beacon on May 1, 2024, and assume his role as CFO on or about May 6, 2024.
The transaction is expected to close in the Q2 2024 and is subject to customary closing conditions.
Price for lumber exported from Thailand to China upped 3%.
The performance reflects subdued construction activity and reduced availability in the raw material market.
Transportation and petroleum sectors lead downturn.
Q1 2024 Adjusted EBITDA was $200 million compared to $97 million in the Q4 2023.
The average price for logs decreased by 8%.
The decision affects 93 employees.
In the week ending April 12, 2024, the price of Western S-P-F 2x4 #2&Btr KD (RL) was US$452 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is flat from the previous week when it was $452.
Valmet to supply IQ Moisturizer for corrugator to Adara Pakkaus in Finland.
With this latest location, Koopman Lumber has expanded its presence to 13 facilities, including two distribution centers focused on builders and contractors delivering across Massachusetts.
In May, Setra is planning a small opening event for its Umeå office.
At the end of 2023, the total plywood production capacity in China was about 205 million m3 per year.
The first quarter saw a 10% increase in home sale revenues over the previous year.
The most significant regional increase for sawlog prices was recorded in Södra Norrland, where prices surged by 9%.