Katerra announced that the company and certain of its U.S. and Cayman Island entities have voluntarily filed for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas.
Legislation
The British Columbia government is making regulation changes to help forest-sector contractors stay in business, improve competitiveness and prosper.
Finnpulp Oy, which is planning a bioproduct mill project in Kuopio, Finland, has submitted an application for annulment to the Supreme Administrative Court (SAC).
Members of Congress and the Biden administration are heeding the concerns of the National Association of Home Builders (NAHB) and its grassroots on the need to take action to resolve soaring lumber prices, supply shortages and tariffs that are hurting home builders, home buyers, the housing sector and the economy.
In 2020, Russian exports of softwood logs fell by 18.8% y-o-y to 6,9 million m3, while the average price dropped 3.8% to $76.0 per m3.
The demand for lumber is on fire. In the United States prices have gone up 300% or 400%. The Canadian supply is going down fast. Is it a new super-cycle for lumber and permanent high prices? No one has an answer to this question. That never happened, but now wood prices are through the roof again. We tried to figure it...
The Ministry of Industry and Trade of the Russian Federation (Minpromtorg) has proposed to introduce a temporary ban on the particleboard exports from July 1, 2021 to December 31, 2021.
Pinnacle Renewable Energy Inc. obtained a final order from the Supreme Court of British Columbia, Canada, approving the plan of arrangement under the Business Corporations Act (British Columbia), pursuant to which Drax Group plc through its wholly-owned subsidiary, Drax Canadian Holdings Inc., will acquire all of the i...
The National Association of Home Builders (NAHB) continues to move rapidly and aggressively to engage the Biden administration on lumber and to urge policymakers to take immediate action to address skyrocketing lumber prices and supply shortages that are harming home builders, home buyers, remodelers and the economy.