The US Department of Commerce has preliminary determined that hardwood plywood (HWPW) assembled and exported from Vietnam to the US used Chinese core materials. The agency ruled that the HWPW are subject to significant antidumping and countervailing duties that could be as high as 200%.
News in structural panels
West Fraser Announces Permanent Production Curtailments at Fraser Lake and Williams Lake Sawmills and Quesnel Plywood Mill
West Fraser Timber announced on Tuesday that it is permanently curtailing approximately 170 million board of combined production at its Fraser Lake and Williams Lake sawmill facilities and approximately 85 million square feet of plywood production at its Quesnel Plywood mill.
Boise Cascade Company Completes Purchase of Coastal Plywood Company
Boise Cascade Company reported on Monday that it had completed its previously announced purchase of Coastal Plywood Company and its manufacturing operations in Chapman, Alabama, and Havana, Florida, for $512 million.
West Fraser Issues Statement Regarding Recent Media Speculation About CVC Capital & Kronospan’s Interest in Acquiring the Company
Reuters reported on Tuesday (7-19-22) morning that according to a source familiar with the matter, private equity firm CVC Capital and wood panel manufacturer Kronospan have submitted a joint expression of interest in acquiring Canadian lumber company West Fraser Timber Co.
LP Building Solutions Breaks Ground on a New LP SmartSide ExpertFinish Facility in Bath, New York
On Tuesday morning, LP Building Solutions (LP) broke ground on a new LP® SmartSide® ExpertFinish® facility on 75 acres in the town of Bath, New York. The facility is expected to be operational by Q3 of 2023.
Tolko Industries Joins Alberta Forest Products Association
On Tuesday, the Alberta Forest Products Association (AFPA) announced that Tolko Industries Ltd. has officially joined the AFPA. Tolko has operated in Alberta since 1994 when their OSB mill in High Prairie first came online.
Wood Panel Production in Europe Increased 10% in 2021
According to the latest data released by the European Panel Federation (EPF), European wood-based panel production was up 10% in 2021.
LP Building Solutions Converting Sagola Michigan OSB Facility to LP SmartSide Production
LP Building Solutions, based in Nashville Tennessee, has announced that it is converting its Sagola, Michigan, facility from producing oriented […]
US Structural Plywood Integrity Coalition Asks Federal Court for a Temporary Injunction Against a Brazilian Plywood Certification Provider
The US Structural Plywood Integrity Coalition on Tuesday, June 14, 2022, filed a motion in Federal District Court in Florida for an expedited hearing and temporary injunction against Forestwood Industries Inc. and Association for Laboratory Accreditation Inc (“A2LA”) and their certification of Brazilian manufactured plywood panels.
Boise Cascade Announces Agreement to Acquire Coastal Plywood Company
Boise Cascade Company, a leading producer of engineered wood products and plywood in North America, announced today that it has reached an agreement to acquire Coastal Plywood Company, including its two manufacturing facilities, from Coastal Forest Resources Company for $512 million.