WCBEF and UNESCO are seeking to establish a long term collaboration on the circular bioeconomy, in recognition of the growing importance of the sector in the field of education.
Rayonier Inc. reported 2Q 2020 net income of $1.7 million, or $0.01 per share, on revenues of $195.6 million. This compares to net income of $18.8 million, or $0.14 per share, on revenues of $184.8 million in the prior year quarter.
2Q 2020 net sales declined by 12% to SEK 545 million, compared to SEK 619 million in the 2Q 2019. The lower sales were mainly related to lower sales volumes and lower sales prices for sawn products.
Weyerhaeuser Company reported 2Q 2020 net earnings of $72 million, or 10 cents per diluted share, on net sales of $1.6 billion. This compares with net earnings of $128 million, or 17 cents per diluted share, on net sales of $1.7 billion for the same period last year.
For the three months ended June 27, 2020, Acadian Timber's generated sales were $11.5 million, compared to $17.9 million in the prior year period.
UPM begins the construction of its third nursery in Uruguay, located in Central Uruguay, about 10 kilometers from Sarandí del Yí, Durazno. The investment is approximately $25 million. The nursery operation is scheduled to start in the first half of 2022 and the delivery of plants in the second half of the same year.
PotlatchDeltic Corporation reported net income of $2.6 million, or $0.04 per diluted share, on revenues of $181.6 million for the quarter ended June 30, 2020. 2Q revenues were $181.6 million, compared to $215.6 million in the 2Q 2019.
Silver Creek Capital Management announced that Art Zaske, Managing Director and Portfolio Manager, has been named Deputy Chief Investment Officer. Mr. Zaske, who joined Silver Creek in 2006, is responsible for overseeing the firm’s liquid hedge fund strategies and leading Silver Creek’s Investment Committee alongside E...
The Forest Practices Board appoints two new members Cindy Stern and Gail Wallin.
CLT manufacturer Vaagen Timbers is partnering with the Washington State Department of Natural Resources on a forest health initiative to cultivate local economic benefits while also reducing wildfires and the damage they cause.
Columbia Land Trust and SDS Lumber Company announced the conservation of 4,900 acres along the Klickitat River Canyon in Yakima County, Washington - by far the largest land conservation success through acquisition in the Land Trust’s 30-year history.
SCA has confirmed a new harvesting plan which shows that the harvesting level in the own forest will increase over the coming five years by an additional one million cubic meters per year more than the current level. The increased harvesting level gives an increased cash flow of SEK 300-400 million ($33.7-45 million) p...
a new rapid DNA detection method developed at the University of British Columbia, Canada, can identify pests and pathogens in less than two hours, without using complicated processes or chemicals – a substantial time savings compared to the several days it currently takes to send samples to a lab for testing.
SCA has appointed Anders Edholm as new Senior Vice President Communications and member of SCA’s Executive Management Team. Anders is succeeding Björn Lyngfelt, who will retire. Anders Edholm will take on his new position as of February 1, 2021.
Smurfit Kappa has unveiled a new, state-of-the-art solar panel system in its Colombian Forestry operation. The Solar One photovoltaic system will generate 50% of the energy needs of the nursery and the entomology and plant pathology laboratories.
The Alberta Forest Products Association (AFPA) appoints Janis Simpkins as Senior Vice-President. She will also chair the association’s environment committee and lead the organization’s sustainable growth initiatives, including the environmental, social, and governance (ESG) portfolio.
British Columbia Forest Practices Board announces that an audit of the BC Timber Sales (BCTS) program and timber-sale licensees operating under the program has found poor results.
American Forest Management acquires South Rivers Forestry Consultants LLC (SRF), a family-owned forestry consulting business started by Jess and Valerie Crawford in 2006.
American Forest Management announces the sale of approx. 11,774 acres of Texas timberland. The property, known as Lusk Timberlands, was sold via a sealed bid. The buyer intends to continue to manage the property for timber production.
BillerudKorsnäs has made a valuation of approximately 36,000 hectares of forest assets in Sweden, of which approximately 18,000 hectares are productive forests, in which the biological assets are valued according to IAS41. At the same time, the company has chosen to change the accounting method for valuing forest land ...