The Western Forestry Contractor Association (WFCA) is reporting that summer seedling planting season in British Columbia is in the process of winding down. There are just 20 million fall seedlings out of the 300 million trees planned for this year remaining to be planted.
News in timber
Weyerhaeuser Announced New Sustainability Strategy
On Tuesday, July 28th, 2020, Weyerhaeuser Company announced the launching of a new sustainability strategy that draws out the companies aspiring commitments and goals for the next decade and beyond. The strategy is building on a solid foundation in environmental stewardship, social responsibility and strong governance.
Canada’s Lack of Log Exports to Japan Could be First Documented Violation of the Trans-Pacific Partnership
In spite of a side deal to the Trans-Pacific Partnership (TPP), intended to ensure stable supply, log exports from Canada to Japan have dropped significantly in recent months.
Arkansas Governor Discusses Value of Arkansas’s Timber Industry
Arkansas Governor Asa Hutchinson knows the value of Arkansas’s timber industry. Nearly 57% of Arkansas is forested and Arkansas is the ninth largest timber producer in the United States.
Holmen AB Acquires Martinsons in Cash for Shares Sale
Holmen AB, one of Sweden’s largest forestry companies, has announced that they have signed an agreement to acquire, for cash, Martinsons, one of Sweden’s leading sawn and processed wood products companies.
Despite the COVID-19 Pandemic B.C. Tree Planters on Track to Plant 300 Million Seedlings this Summer
In spite of the COVID-19 pandemic and an exceptionally wet spring and early summer, British Columbia tree planters are on track to plant more that 300 million seedlings this year.
Conservation Group Purchases Maine Timberland Tract
15,408 acres of Maine woodlands, from the Chadbourne Tree Farms LLC in Oxford County, has been purchased by the Conservation Fund. The tract which is primarily white pine, was assembled by the Chadbourne family over the past 150 years and includes the site of what is believed to be the first sawmill in America at South Berwick.
After Several Months of Being Idle, Mosaic Forest Management Announces Resumption of Operations
Mosaic Forest Management has announced its intention to resume operations, ‘with the priority being on a safe return and with due consideration to provincial health guidelines related to the COVID-19’ pandemic.
CatchMark’s Triple T Joint Venture Amends Wood Supply Agreement with Georgia-Pacific
With the intention of achieving market-based pricing on timber sales, CatchMark, announced on Wednesday 6-24-20, that its Triple T joint venture has amended its wood supply agreement with Georgia-Pacific.
Trade Tensions Between China and Canada Increase and Logs this time are at the Forefront
Trade tensions between China and Canada have once again heated up and now logs are at forefront of a new dispute between the two countries.