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Resolute Forest Products CEO Steps Down
A dearth of truckers in Canada is hindering shipments from Resolute Forest Products’ sawmills to its paper mills, outgoing Chief Executive Officer Richard Garneau said Thursday on an earnings conference call. The Montreal-based company slowed down production in December after the shortage and harsh winter conditions led to a lack of woodchips at its mills…
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Canada Lumber Production at Sawmills: October 2017
Lumber production rose 6.3 per cent from September to 5,991 thousand cubic metres of lumber in October, said Statistics Canada Wednesday. Production was 1.2 per cent higher than in October 2016. Sawmills shipped 5,884 thousand cubic metres of lumber in October, up 1.1 per cent from September and 0.3 per cent higher than in October…
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Severely Bad Weather Across Continent Barely Slows Lumber Industry
Demand, especially from retailers, continued so strong this week that many North American sawmills were actually able to grow their order files. Current Softwood Lumber Prices Compared to Historical Highs. The below table is a comparison of June 2017 and January 2018 prices for benchmark dimension softwood lumber 2×4 prices compared to historical highs of…
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New Paper Product Category Standards
FPInnovations, in collaboration with The American Forest and Paper Association (AF&PA) and the Forest Products Association of Canada (FPAC), announced Thursday it has developed a Product Category Rules (PCR) for North American market pulp, paper and paperboard products, tissue, and containerboard manufacturers. This PCR allows North American pulp, paper, tissue, and containerboard manufacturers to communicate…
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Strong Softwood Lumber Prices Plus Duties for Canada : 3Q 2017
The 3Q 2017 issue of Madison’s Forest Pulse is almost ready to be sent to subscribers! Don’t miss out on this vital and timely information. Much is being made of current high softwood lumber prices, as opinions abound about the near-future supply-demand balance. Forestry has been a seller’s market from the very beginning of this…
