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New Biomass Fuel Production Facilities
Read more: New Biomass Fuel Production FacilitiesCanada’s Canfor Pulp completed a joint-venture deal with Australian energy company Licella this week, and revealed plans to install a biocrude project at a new facility in Prince George, BC, where it hopes to produce 400,000 barrels of fuel per year from wood waste at its pulp mills. This facility is expected to cost around…
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Major Advancements in Cellulostic Biofuel
Read more: Major Advancements in Cellulostic BiofuelSome very exciting breakthroughs have been made recently in using fungii and sugars to break through tough wood cellulose cell walls and access the abundant energy inside to make various types of fuel. Producing fuels from plants and other renewable sources requires breaking down the chemical cellulose, which traditionally has required the same amount of…
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Real World Logging Profits in Canada: New Report
Read more: Real World Logging Profits in Canada: New ReportSOURCE: Canadian Forest Industries magazine CFI 2016 Contractor Survey on www.woodbusiness.ca Results of the Canadian Forest Industries magazine’s Canadian 2016 Contractor Survey were released June 21, with findings that 41 per cent of all contractors saw some form of rate increase over the past three years. For the rest, rates were either stagnant (28…
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Canada Sawmill Production: April 2016
Read more: Canada Sawmill Production: April 2016Canadian softwood lumber production was 5.4 per cent higher in April than in the same month of 2015, said Statistics Canada Wednesday. Production volume was up in many of the other big lumber-producing provinces, including Quebec. Production of softwood lumber at BC sawmills was 2.1 per cent higher. Canada Sawmill Production, April 2016 Canadian softwood…
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British Columbia Lumber Exports: May 2016
Read more: British Columbia Lumber Exports: May 2016British Columbia’s exports of solid wood products climbed 16.3 per cent over the first five months of 2016, compared to the same period a year earlier, said BC Stats Wednesday. Shipments of softwood lumber to the US jumped 38.7 per cent year-to-date to May, which helped boost the value of exports of softwood lumber to…
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US House Prices : April 2016
Read more: US House Prices : April 2016Housing market analysts do not appear moved by an April surge in pending and new home sales. New US single-family home sales recorded their biggest gain in nearly a quarter century in April, touching a more than eight-year high. Property analysts are forecasting a steady 5.4 million unit annualized pace of existing home sales over…
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US House Sales : May 2016
Read more: US House Sales : May 2016“May US home sales increased at a rate that’s slightly higher than the average monthly increase,” said Dave Liniger, RE/MAX CEO and Chair, to National Mortgage Professional Friday. “This is despite the fact that inventory in many markets remains very low. At the same time, interest rates appear to have stabilized, which helps encourage potential…
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US Real Estate, Home Sales, Prices
Read more: US Real Estate, Home Sales, Prices“US housing starts in May rebound in year-over-year terms, rising 9.5 per cent. That’s a refreshing change from April’s mild decline. Nonetheless, Friday’s update reflects a relatively subdued rate in residential housing construction vs. recent history,” said James Picerno on Seeking Alpha Friday. US Real Estate James Picerno, Seeking Alpha The mixed profile of this…
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US Housing Starts: May 2016
Read more: US Housing Starts: May 2016US housing starts slipped in May as the construction of multifamily housing units dropped, but there were further gains in building permits. Groundbreaking fell 0.3 per cent to a seasonally adjusted annual pace of 1.16 million units, the Commerce Department said on Friday. That of single-family homes rose 0.3 per cent to a 764,000-unit pace…
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Canada and US Manufacturing Survey: April and June 2016
Read more: Canada and US Manufacturing Survey: April and June 2016Manufacturing sales in Canada rose 1 per cent to $50.4 billion in April, following two consecutive monthly declines, according to Statistics Canada Wednesday. As well, regional Fed surveys and the ISM manufacturing index were released in the US this week. Canada, US Manufacturing: April and June 2016 Canada’s manufacturing sales increased in 10 of 21 industries,…
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Wildfires
Read more: WildfiresA wildfire in Southern California more than tripled in size overnight and forced officials to close a major highway, while another blaze in New Mexico had communities on edge after destroying two dozen homes, according to Reuters Friday. It grew from 1,200 acres (486 hectares) on Thursday night to more than 4,000 acres (1,619 hectares)…
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Canada-US Softwood Lumber Unofficial Update
Read more: Canada-US Softwood Lumber Unofficial UpdateThe Government of Canada Friday released a statement regarding ongoing negotiations for a bilateral Softwood Lumber Agreement with the US: http://news.gc.ca/web/article-en.do?nid=1086569 “Following this initial 100 days of intensive engagement, the United States and Canada have made significant advances in exploring the key issues and priorities,” but no other word on what these advances might be,…
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Canada-US Softwood Lumber Unofficial Update
Read more: Canada-US Softwood Lumber Unofficial UpdateThe Government of Canada Friday released a statement regarding ongoing negotiations for a bilateral Softwood Lumber Agreement with the US: http://news.gc.ca/web/article-en.do?nid=1086569 “Following this initial 100 days of intensive engagement, the United States and Canada have made significant advances in exploring the key issues and priorities,” but no other word on what these advances might be,…
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Japan Wood Self-Sufficiency Plan
Read more: Japan Wood Self-Sufficiency PlanTotal new housing starts in Japan for April were 82,389 units, a 9 per cent increase over April 2015, and an 8.9 per cent improvement over March this year, according to the Japan Lumber Reports Friday. As well, the 2015 Forestry White Paper has been submitted to the Diet, disclos- ing Japan’s current degree of…
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Japan Housing Starts, Wood Self-Sufficiency Plan
Read more: Japan Housing Starts, Wood Self-Sufficiency PlanTotal new housing starts in Japan for April were 82,389 units, a 9 per cent increase over April 2015, and an 8.9 per cent improvement over March this year, according to the Japan Lumber Reports Friday. As well, the 2015 Forestry White Paper has been submitted to the Diet, disclos- ing Japan’s current degree of…
