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Rubber and Wood News

Tembec acquisition deal clears yet another regulatory hurdle
The deal now awaits necessary clearance from Canadian regulatory authorities.
August 15th 2017
Conifex Timber Declares Significant Surge In Q2 Earnings
The operating income including the CVD deposits totaled $6.4 million, jumping over four-folds from $1.5…
August 14th 2017
Tembec-Rayonier Acquisition Deal Jumps Another Hurdle
In its initial bid, Rayonier had offered to pay $4.05 in cash or 0.2302 shares…
August 9th 2017
Lackluster Pulp and Paper Segment Output Drags Resolute to Net Loss in Q2
The operating loss from newsprint segment widened from $4 million in Q1 to $7 million…
August 7th 2017
Canfor Corp. Records Notable Surge in Lumber Earnings in Q2
The lumber segment sales for the second quarter of 2017 totaled $904.3 million as compared…
July 31st 2017
West Fraser Expands US Footprint By Acquiring Six More Sawmills
The Gilman Companies’ assets comprises of six sawmills and a finger-joint mill spread across Florida…
July 28th 2017
Tembec-Rayonier acquisition deal receives nod from Federal Cartel Office
The Jacksonville-based Rayonier AM had earlier come up with an $807 million take-over offer, which…
July 17th 2017
New hi-tech sawmill facility to open in Bonfield, northern Ontario
IWI plans to rezone 212 acres of land located at Highway 17 and Trout Pond…
July 17th 2017
Two Rivers' hi-tech Demopolis sawmill nears completion
According to recent press release issued by the company, nearly 95% of the machinery installation…
June 30th 2017
Canadian Lumber Tariffs Now Close to 31% As US Announces Fresh Duties
The US DOC has imposed the highest antidumping rate of 7.72% on Canfor Corporation, Canadian…
June 28th 2017
Global Softwood Fiber Price Index (SFPI) plunged to 30-year low in Q1
The Global Sawlog Price Index (GSPI) was up 0.3% quarter-over-quarter in the 1Q/17.
June 28th 2017
B.C Forestry sector employment declined 42% during 1995-2014
The report highlights the employment trend in forestry sector over the past several years. The…
June 20th 2017