Leveraging Canfor’s experience and expertise, and with an anticipated further $50 million in planned upgrades, production capacity is expected to increase to 175 million board feet per year.
Transaction further advances Twin Rivers’ focus on core specialty papers business.
The production increased from March, but there was a decrease in new orders and export orders, though they remained in expansion territory.
Vietnam maintained its position as Japan's principal supplier.
Goodfellow Inc. reported a net loss of $108 thousand or $0.01 per share compared to a net loss of $211 thousand or $0.02 per share a year ago.
The temporary curtailments will impact all of Interfor’s operating regions, including the US South, through a combination of reduced operating hours, prolonged holiday breaks, reconfigured shifting schedules and extended maintenance shut-downs.
The suspension will result in a reduction of RYAM’s annual global HPC production. The Temiscaming HPC facility has an annual production capacity of approximately 150,000 metric tons, with roughly 30% historically dedicated to specialty cellulose materials.
Sipat Tissue will benefit from ABB's QCS in two of its modern machines, expecting to realise significant benefits that optimises quality, on-spec output at a low cost.
In the week ending April 19, 2024, the price of Western S-P-F 2x4 #2&Btr KD (RL) was US$408 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is down by -$44, or -10%, from the previous week when it was $452.
Growth driven by Vietnamese supplies.
Company expects lumber prices to stabilize and has adjusted its market outlook for 2024 in response to softer demand forecasts.
February indices show growth across major metro areas.
Ingka Group, IKEA's largest retailer, announces a new wave of price reductions across its global markets, impacting thousands of products.
PotlatchDeltic Corporation's generated total adjusted EBITDDA was $29.7 million and total adjusted EBITDDA margin was 13% in the Q1 2024.
The boxboard operating rate was 89.2%, up 1.3 points from the same quarter last year.
The Madison’s Lumber Prices Index for the week ending April 26, 2024 was US$433 mfbm. This is down by -2.5%, or -$11, from the previous week when it was US$444.