The treated wood pole and railway tie maker expects its 2026 EBITDA margin to stay below its 17.5% to 18.5% target range.
Schnittholz
The contract closed at $500 per thousand board feet, down 2.9% on the week.
Revenues rose on higher prices in certain construction materials categories, while lower SYP prices and higher freight and fuel costs cut gross margin.
Hardwood lumber edged down 0.8%, while lumber imports into the region fell 5% from August.
The index lost $10, or 2%, from $459 the previous week and is 10% lower than a month ago.
Price for lumber exported from Brazilian rose marginally 0.1%.
Wood product makers cut 400 jobs in October to 393,900, while construction payrolls were little changed at 8.367 million.
The plant near Alexandria will turn about 100,000 metric tons of Southern Yellow Pine mill residuals a year into biochar and carbon removal credits, with production expected in the second quarter of 2027.
The company expects lumber prices to improve in the fourth quarter.
Price for lumber exported from Chilean lost 5.4%.
The Rocklin and Sanger distribution centers would extend the company's reach across Northern and Central California and into Northern Nevada, with closing expected by mid-November.
Peace River grants of $13.0 million helped narrow the loss, and the company expects softwood pulp prices to rise modestly in the fourth quarter.
Adjusted EBITDA fell to $985 million from $1,013 million, while total assets rose, largely from the Sucuriú project in Brazil.
The family-owned group needs several profitable years before it can fund the Kinnared project, its sawmill chief says, and has set no new date.
A $53.2 million impairment on a previously curtailed Eastern Canada mill drove much of the net loss, while the company expects price fluctuations through early 2027.
Most of the money, C$4 billion, would finance large new mills and biorefineries through a new fund at Export Development Canada.
The final rate is nearly three times the preliminary level for two of the producers and below it for the third.
A pilot at the company's new sawline showed that up to 4% of the volume from final fellings can move from pulpwood to sawn products.
Petitioners withdrew requests for 14 companies, and Commerce found no reviewable entries for 20 others.
Wood-panel and other wood product prices gained 0.2% on the month, with their annual rise at 4.7%.