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In Sweden, notified area of final felling increased by 14% in June and by 4% in July, compared to corresponding months of last year, reports the Swedish Forest Agency. Quarterly statistics during the year shows an increase of 34% in the second quarter of 2018 compared with the first quarter 2018. The second quarter of[…]

For the 2Q 2018, Louisiana-Pacific Corporation (LP) reported net sales of $811 million, up from $694 million in the 2Q 2017. Adjusted EBITDA from continuing operations in the 2Q 2018 was $242 million compared to $167 million in the 2Q 2017. LP reported income from continuing operations of $163 million, or $1.11 per diluted share,[…]

On the 3rd August Ufkes Greentec b.v. delivered to Beers & Beers Boomverzorging their 100th Greentec Cheetah 30. Ufkes Greentec b.v is a young, dynamic company specializing in wood chippers, stump grinders, wood cranes etc. Their machines are designed for professional users and meet the highest standards. After working for several years in the service of[…]

Western Forest Products Inc. reported adjusted EBITDA of $50.2 million in the 2Q 2018, compared to adjusted EBITDA of $47.1 million in the 2Q 2017, and $43 million reported in the 1Q 2018. Operating income prior to restructuring and other income was $39.7 million in the 2Q 2018, compared to $37.7 million in 2Q 2017, and[…]

Rayonier Inc. reported 2Q 2018 net income of $36.3 million, or $0.28 per share, on revenues of $245.9 million. This compares to net income of $26.2 million, or $0.20 per share, on revenues of $201 million in the prior year quarter. 2Q 2018 operating income was $51.6 million versus $46.9 million in the prior year period.[…]

The agreement between the Municipality of Braslovce, Slovenia, and Ministry of Infrastructure of Slovenia was signed. It lays foundations for the direct road connection to the BSW SI Gomilsko production facilities in the Municipality of Braslovce. The agreement regarding the road connection was signed by Ms. Darja Kocbek, Director of the Directorate for the Land[…]

Maibec concluded a transaction with Group Lebel of Rivière-du-Loup for their acquisition of the Maibec lumber mills located in St-Pamphile, Quebec and Masardis, Maine. The 315 employees of Maibec that are concerned by this transaction will maintain their employment with Groupe Lebel. “Maibec will now focus on growing its pre-stained exterior siding’s systems based on[…]

Weyerhaeuser Company reported 2Q 2018 net earnings of $317 million, or 42 cents per diluted share, on net sales of $2.1 billion. This compares with earnings of $24 million, or 3 cents per diluted share, on net sales of $1.8 billion for the same period last year. Excluding net after-tax special charges of $15 million, the[…]

Rossi Group LLC of Connecticut has opened its new mill at Emporium in western Pennsylvania, one of the most advanced in America, following the destruction of its sawmill by fire just 15 months earlier. The mill is expected to be fully operational by the end of the year, reports  TTJ. Production of graded lumber will[…]

New Zealand’s booming export log market is starting to catch the jitters as concerns mount about the impact of US President Donald Trump’s trade war. Demand for New Zealand logs has been strong over recent years as local sawmills compete with the export market to source logs for local construction, at a time when demand[…]