Possible temporary layoffs would run from June through December and cover parts of Packaging and Paper, and Pulp, Energy and Circularity.

Significant overcapacity in the forest industry led to production curtailments that reduced demand for pulpwood, and pulpwood prices fell during the quarter. Log demand decreased, and log prices began to decline slightly from very high levels.

Benchmark rises 1% month-over-month from US$518 as weighted species composite remains flat weekly.

Price for plywood imported to Mexico fell marginally 0.7%.

Price for wood pulp imported to United Arab Emirates fell marginally 0.6%.

Price for plywood imported to Mexico rose marginally 0.6%.

Price for wood pulp imported to United Arab Emirates upped 4%.

Price for plywood imported to Mexico rose 4%.

Price for wood pulp imported to United Arab Emirates grew 13%.

Price for lumber imported to Egypt slipped 1.6%.

Compared with March 2025, production was down 0.9%.

Compared with the previous month, production was up 7%.

Compared with the previous month, production was up 25%.

Compared with the previous month, production was up 9%.

The project is intended to improve wood-use efficiency, raise productivity, and expand development of plywood products, including large-format plywood, for international markets and the EU.

$115 million project adds 370,400 SF facility and creates 123 new jobs while retaining 200 positions.