Search Results for: plywood

Brazilian exports – In April 2018, the value of Brazilian exports of wood-based products (except pulp and paper) increased 30% compared to April 2017, from $221 million to $287 million reports ITTO. Pine sawnwood export values rose 28.5% between April 2017 ($38.3 million) and March 2018 ($49.2 million). In terms of volume, exports increased 24%[…]

West Fraser increased operating earnings in Q1 2018 by 44.8% YoY to $265 million, company reported. The sales have grown up 14.8% to $1,364 million. The lumber segment generated operating earnings of $189 million (Q4-17 – $232 million) and Adjusted EBITDA of $282 million (Q4-17 – $258 million). According to company, Q1 2018’s results were[…]

West Fraser announced Ted Seraphim’s plan to retire as CEO at the end of the 2Q 2019. West Fraser also announced the appointment of Ray Ferris, Executive Vice-President and Chief Operating Officer, as President and Chief Operating Officer effective immediately. Ray will be appointed CEO upon Ted’s retirement next year. Ray Ferris has been with[…]

Forest Products Association of Canada (FPAC) applauds the Canadian government, and in particular Minister Champagne, on the signing of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) between Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam. This agreement will benefit the Canadian forest products industry by eliminating tariffs, as[…]

In January 2018, Brazilian exports of wood products (except pulp and paper) increased 28.8% in value compared to January 2017, from $183.7 million to $236.6 million, ITTO reported. The value of pine sawnwood exports increased 23% between January 2017 ($33.6 million) and January 2018 ($41.2 million). In terms of volume, exports increased 18% over the[…]

Imports of logs, lumber and woodchips have been growing at such a rapid rate, and to such lofty heights, that it’s been close to unbelievable at times. Between 2012 and 2017 (estimated), Chinese imports of logs (softwood and hardwood) have increased by 42 percent, hardwood chip imports have jumped 59 percent and lumber imports (again[…]

JANUARY–DECEMBER 2017 (1–12/2016) Sales were EUR 5,040 million (4,658) Operating result was EUR 581 million (442). Comparable operating result was EUR 566 million (439) Result before tax was EUR 506 million (361). Comparable result before tax was EUR 491 million (357). Comparable return on capital employed was 12.3 per cent (10.2). Comparable return on capital[…]

More than 220 companies are confirmed exhibitors at Expoforest 2018. The fourth edition of the fair takes place in April, in a 200-hectare eucalyptus forest in the Ribeirão Preto area The Brazilian forestry market is one of the few segments that do not directly reflect the country’s economic situation. Even with the threat of recession[…]

The Wood Processors & Manufacturers Association of New Zealand continues to lobby the government for more a more favourable trading environment as processors such as Juken New Zealand eye drastic measures in the face of subsidised foreign competition reports Rebecca Howard Business Desk Scoop NZ. This week Juken NZ, a unit of Japan’s WoodOne Ltd,[…]

Forestry and wood processing company, Juken New Zealand has begun consulting employees at its Gisborne wood-processing mill about potential changes to the products made there in order to return the plant to profitability and secure its long-term future. The Juken mill at Matawhero opened in 1994 and employs around 200 full time employees. The mill[…]