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Jussi Malmi, the Managing Director of Logset Oy, will start working for another employer from February 1st, 2019. Logset has already started looking for a new Managing Director. Logset Oy is a Finnish forest machine manufacturer located in Koivulahti, near Vaasa. The company was established in 1992 and today it has approximately 70 employees.

Southern Forest Products Association (SFPA) welcomes LaSalle Lumber Company, LLC, a joint venture of Hunt Forest Products and Tolko Industries, as its newest lumber manufacturer member. Tolko Industries, headquartered in Vernon, BC, has partnered with Louisiana-based Hunt Forest Products to build a state-of-the-art sawmill near Urania, Louisiana. Earlier this year, Tolko announced plans to build[…]

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[…]

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[…]

Rayonier Inc. reported 3Q 2018 net income of $23.4 million, or $0.18 per share, on revenues of $200.9 million. This compares to net income of $24.7 million, or $0.19 per share, on revenues of $184.4 million in the prior year quarter. 3Q 2018 operating income was $46.4 million versus $39.3 million in the prior year[…]

The Professional Logging Contractors of Maine (PLC) issued a statement last week commending ND Paper LLC’s twin announcements that it will invest $111 million in its Rumford mill over the next two years to increase production capacity, and plans to purchase the idled Old Town bleached kraft pulp mill with an eye toward restarting the[…]

EDITOR’S COMMENT ISSUE 65 OCT/NOV 2018

A large-scale land purchase by an American forestry company west of Taupō will see 1148ha of farmland converted into a redwood forest. The $7 million purchase north of Taumarunui, near Matiere, by The New Zealand Redwood Company was approved by the Overseas Investment Office in July. The venture was likely to create six full-time jobs[…]

Enviva Holdings, LP announced that its previously disclosed take-or-pay off-take contract to supply Sumitomo Corporation with 250,000 metric tons per year of wood pellets is now firm, as all conditions precedent to the effectiveness of the contract have been satisfied. Deliveries under the contract are scheduled to commence in 2021 and continue through 2036. Enviva[…]

EDITOR’S COMMENT ISSUE 64 AUG/SEPT 2018 Canada big winner in trade war Not so long ago, I used this space to bemoan what I felt was the short-sightedness of US President Donald Trump in starting a trade war in his effort to wrestle back global market share. My view had been that playing what amounts to[…]