Canfor Corporation announces a substantial investment of approximately $200 million in the construction of a cutting-edge manufacturing facility in Houston, British Columbia. This state-of-the-art facility, characterized by its cost-efficiency and high productivity, is set to boast an impressive annual production capacity of approximately 350 million board feet. Don Kayne, President and CEO, shared his sentiments […]
Tag Archives: Canada wood industry
20
Aug
Aug
Paper Excellence Canada announced today the permanent curtailment of Catalyst Paper tiskwat, its paper mill in Powell River, BC. “It was a difficult decision to curtail tiskwat indefinitely in December 2021,” said Stew Gibson, Chief Operating Officer. “Following a comprehensive review of options, it has been determined that a restart of a pulp or paper […]
28
Jul
Jul
Advance results indicate that total manufacturing sales in Canada decreased 2.1% in June 2023. The largest declines were in the petroleum and coal product, chemical, and food product industries, as Statistics Canada reports. canadian lumber production and export also suffered from same effects as we have mentioned in the previous report. This estimate was calculated based on a […]
28
Jul
Jul
Lumber production in Canada decreased 14.9% from March to 4 074.0 thousand m3 in April. Production was down 6.1% from April 2022, reports Statistics Canada. Sawmills shipped 3 935.0 thousand m3 of lumber in April, down 8.2% from March and down 7.9% from April 2022. According to Analytics, in April 2023, Canada decreased exports of lumber to the United States by 4.4% year-on-year. Supplies to China increased by 54.9%, […]
11
Jun
Jun
Paper Excellence participated in the “Wood you find it?” event hosted by FSC International in Brussels to discuss the EU Deforestation Regulation (EUDR), approved in April by the European Parliament. Representatives of the European Commission responsible for the approved text, public policy makers, companies, NGOs and FSC leaders discussed together what are the biggest challenges […]
10
Feb
Feb
West Fraser Timber announced the planned curtailment of operations at Cariboo Pulp & Paper located in Quesnel, British Columbia, Canada, beginning in mid-April for a month and then for another month in the third quarter. This decision is the result of the decline in the availability of sawmill residuals. The fiber supply challenge in British Columbia […]
30
Jan
Jan
Weyerhaeuser Company reported Q4 2022 net earnings of $11 million, or 2 cents per diluted share, on net sales of $1.8 billion. This compares with net earnings of $416 million, or 55 cents per diluted share, on net sales of $2.2 billion for the same period last year and net earnings of $310 million for the […]
News
CHAR Technologies to receive government funding over $11.3 million to expand Thorold in Ontario, Canada
23
Dec
Dec
The governments of Canada and Ontario announced that they are investing more than $11.3 million to expand CHAR Technologies’ facility in Thorold, Ontario, to produce renewable natural gas (RNG) and biocarbon – creating the largest facility of its kind in Canada, and the only RNG facility in the country to exclusively use woody biomass. Joint […]
30
Oct
Oct
The Paper Excellence Group and Resolute Forest Products Inc. today announced their intention to sell Resolute’s Thunder Bay pulp and paper mill in Ontario, Canada, to further facilitate the regulatory review process. On July 6, the Paper Excellence Group through its wholly-owned subsidiary Domtar Corporation entered into an agreement with Resolute, a global forest products […]
20
Oct
Oct
Canfor Pulp Products announced a temporary curtailment of its Intercontinental Pulp Mill in Prince George, BC, Canada, due to the lack of available economic fiber. Following its annual turnaround maintenance that began on September 24, 2022 and lasted for two weeks, the facility has implemented a two-week curtailment. Regular operations are expected to resume on […]
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