Tag Archives: containerboard

Prices for Canadian softwood lumber in U.S. decline 46% in June

In June, Canada’s exports of softwood lumber in the U.S. dipped 3.8% year-on-year to 2,8 million m3. According to Lesprom Analytics, the value of exports declined 48% to $792 million. Average price of softwood lumber decreased 46% to $285 per m3.

U.S. Lumber Coalition supports Department of Commerce decision on total duty rate of 8.59% on Canadian softwood lumber

The U.S. Department of Commerce issued its final determination in the third annual review of softwood lumber imports from Canada. The total duty rate of 8.59% confirms yet again that Canadian lumber imports are unfairly traded into the U.S. market, said U.S. Lumber Coalition in a statement. “The trade laws duties announced today by the Commerce Department […]

Drax Group to acquire 90,000 tonnes pellet plant in Princeton, Canada

Drax Group has signed an agreement with Princeton Standard Pellet Corporation (PSPC) to acquire its pellet plant in Princeton, British Columbia, Canada. The plant, which has been operating since 1995, has the capacity to produce 90,000 tonnes of wood pellets a year, primarily from sawmill residues. Around half of the output from the plant is currently […]

Latvijas Finieris invests Euro 67 million to double birch plywood production

The management of Latvijas Finieris has decided to launch an expansion project of RSEZ SIA Verems, Latvijas Finieris Group, in Rezekne district, Latvia. The mill’s existing birch plywood production capacity will be doubled, high-added value products will be developed and approximately 70 workplaces will be created. The expected amount of investment exceeds Euro 67 million […]

Canada issued statement on softwood lumber final ruling

Katrine Conroy, Minister of Forests; Ravi Kahlon, Minister of Jobs, Economic Recovery and Innovation; and George Chow, Minister of State for Trade, have issued the following joint statement in response to the U.S. Department of Commerce’s final determination in its third administrative review regarding countervailing and anti-dumping duties applied to Canada’s softwood lumber exports to […]

Mercer Timber Products utilizes laser scanning at Friesau sawmill in Germany

As part of the Mercer Timber Products (MTP) two-week summer revision, the existing Roundwood measuring system on Log Yard 1 was revitalized. The installation of a completely new log measuring system, including new measuring chain conveyors, was accomplished in the shortest possible time thanks to a laser-scanning method. Once the decision to replace the 20-year-old […]

Ponsse changes performance guidance for 2022

Ponsse changes performance guidance for 2022. The company’s euro-denominated operating result in 2022 is expected to be on a par with the comparable operating result of its continuing operations in 2021 (Euro 50 million, 8.2% of net sales). The company’s relative profitability is expected to decrease significantly, however, due to divesting its Russian business, difficulties in the availability […]

Pratt Industries to Open Corrugated Box Plant and Innovation Center in Texas

In April, the Cedar Hill City Council approved an agreement with Pratt Industries, Inc. (through its wholly-owned subsidiary, Pratt Corrugated Holdings, Inc.) to locate a Regional Manufacturing & Innovation Center at High Point 67 in Cedar Hill, Texas. The Pratt facility will manufacture corrugated boxes and custom packaging solutions and employ 150 full-time workers. “We’re […]

Motion Promotes Lisa Solomon to Senior Vice President – Corporate Accounts

Motion Industries, Inc. is pleased to announce that Lisa Solomon has been promoted to Senior Vice President – Corporate Accounts. Ms. Solomon joined the Company in 2015 as a Business Development Manager focused on an automotive industry account, before transitioning the same year into an Automotive Specialist role concentrating on a different automotive account. In […]

Total U.S. Containerboard Production Increased Two Percent in Q2 2022

The American Forest & Paper Association (AF&PA) has released its Q2 2022 Containerboard Quarterly report. According to the report, total containerboard production in Q2 increased 2% compared to Q2 2021. It was also up 2% when compared to the same 6 months of 2021. New supply of containerboard (domestic production plus imports) was essentially flat […]