Archives: Uncategorised

ArborGen has entered into an agreement with Gerdau Aços Longos S.A. (Gerdau) that gives ArborGen exclusive rights to develop and commercialize Gerdau’s genetically improved eucalyptus clones in Brazil. The partnership will expand the products the company can offer its customers and allow it to expand into new markets. The company began offering Gerdau seedlings in[…]

Jussi Pesonen, President and CEO of UPM, will assume, on top of his regular duties, temporary responsibility as the Head of UPM Biorefining. The businesses and the transformative growth initiatives in Uruguay and biofuels formerly reporting to Heikki Vappula, will continue operations with existing resources and plans. UPM will initiate a process for permanent management[…]

Mercer International Inc. reported strong results for the 3Q ended September 30, 2018 due to higher pulp sales realizations. Operating EBITDA in the current quarter was $86.7 million compared to $64.3 million in the 3Q 2017 and $60.5 million in the 2Q 2018. For the 3Q 2018, net income was $41.2 million, or $0.63 per[…]

Cairngorm Capital Partners acquires the leading timber merchant, Arnold Laver & Co Limited. It joins Cairngorm Capital’s other timber brands, Thornbridge, North Yorkshire Timber and Rembrand to create the largest independent timber business in the UK, with combined revenues approaching GBP 250 million, which will be known collectively as The National Timber Group. This acquisition[…]

Westervelt company will construct a new lumber mill in Thomasville, Alabama, company announced. The new facility will produce Southern yellow pine lumber. The Thomasville Mill will join the company’s existing facility in Moundville, Ala., which has been operating since 1997. “This new mill represents our commitment to the State of Alabama and to the region,”[…]

McCarthy Transport have put two purpose built 58 ton gross units on the road to cart from their Pakihi Log Storage yard in Carterton to CentrePort Ltd. These units will reduce the number of trucks going over the Rimutakas each day. The purpose of these heavy trucks is to have four standard units cart 44[…]

Until about six months ago, B.C.’s forestry companies were riding a lumber bull market. Record-high lumber prices in the U.S. had muted softwood lumber duties, and B.C. forestry companies were netting record profits. But the party may be over reports Nelson Bennett, BIV. A shrinking timber supply and high log prices in B.C. and a[…]

Business is good for Biewer Lumber. So good the company announced the expansion of their sawmill in Newton and ramp up production by 100-million board feet per year reports WJTZ12. The expansion means forty-five new jobs will be added to operations at the facility. The development represents a $40 million corporate expansion. Governor Phil Bryant[…]

One year after leading B.C.’s largest-ever forestry-sector delegation to Asia, B.C. Forests/Rural Development Minister Doug Donaldson is taking an even larger group to three key Asian countries this winter in a push to expand exports beyond the suddenly slowing American market reports Chuck Chiang, BIV. Donaldson, whose portfolio also includes Lands and Natural Resources Operations,[…]

The UK Forest Market Report 2018, launched in London November 21, has revealed a continuing great performance from forestry investment. Many UK forest owners who purchased their property 30 or 40 years ago are now reaping exceptional rewards for patiently growing their timber assets. Not only is their investment showing returns of 13.9% per annum[…]