Apr 18, 2012. /Lesprom Network/. Norbord Inc. reported EBITDA of $21 million in the 1Q 2012 compared to $9 million in the prior quarter and $14 million in the same quarter last year. The improvement reflects a 7% quarter-over-quarter increase in North American benchmark OSB prices as well as continuing strong results from the Norbord’s European operations, as the company said in a press release received by Lesprom Network. Norbord is releasing 1Q operating results in advance of its full results to facilitate exploration of the broadest possible range of refinancing options related to its July 1, 2012 bond maturity. Full 1Q 2012 results, including the shareholder letter, press release, management’s discussion and analysis and unaudited consolidated financial statements, are expected to be released on April 27, 2012. Norbord Inc. is an international producer of wood-based panels with assets of $1 billion, employing approximately 2,000 people at 13 plant locations in the United States, Europe and Canada. Norbord is one of the world’s largest producers of oriented strand board (OSB). In addition to OSB, Norbord manufactures particleboard, medium density fibreboard (MDF) and related value-added products.