The Ontario provincial government is proposing making a temporary, 2013 exemption, for loggers from the endangered species law permanent.
Wood Markets News
Klausner and Halifax County Reach Revised Settlement in Bankruptcy Court
United States Bankruptcy Judge Karen B. Owens, in Delaware, has approved a revised settlement between Halifax County North Carolina and Klausner II, a proposed sawmill in the area around Enfield North Carolina, which started construction in 2014, but the project was never completed.
Tolko Industries (U.S) Ltd, Announces 50 – 50 Joint Venture Partnership with Jasper Lumber Company in Jasper Alabama.
Tolko Industries (U.S.) Ltd has just announced a 50 – 50 joint venture partnership with Jasper Lumber Company.
Total Single-Family Permits Issued up 10.2% in the First Nine Months of 2020
Total single-family permits issued over the first nine months of 2020 nationwide has reached 713,286.
Despite Drop in Softwood Lumber Prices – Overall Construction Materials Cost Increased in October
A deeper look into the U.S. Bureau of Labor Statistics (BLS) October 2020 Consumer Price Index, with a focus specifically on construction materials and with further analysis provided by Yield Pro, reveals that construction materials were up 0.2% from September, seasonally adjusted, and up year-over-year by 4.8%.
Producer Price Index for Final Demand Products Increased 0.3% in October
The Bureau of Labor Statistics (BLS) reported on Friday (11/13) that the Producer Price Index (PPI) for final demand increased 0.3% in October, seasonally adjusted
New Tokyo Pavilion Made of Cross-Laminated Timbers Appears to Spiraling into the Sky
The Japanese architectural firm Kengo Kuma has adapted the use of cross laminated timber (CLT) in its newly constructed temporary pavilion in Tokyo. The pavilion was designed for events and performances in Tokyo’s Harumi district.
Maibec Inc. Announces Acquisition of B.C.’s Stave Lake Cedar Mill and Prefinishing Facilities
Maibec Inc. and Waldun Forest Ltd., announced on Thursday (11/12) that they had entered into a joint agreement for Maibec’s acquisition of Stave Lake Cedar Mill prefinishing facility located in Dewdney B.C. as well as the assets and brand rights for Stave Lake Cedar Shingles, value added Western Red Cedar and Yellow Cedar Shingles.
China’s Ban on Australian Forest Products Could Actually Boost Green Triangle Processing Industry
According to one Australian forestry sector representative, China’s indefinite suspension of timber exported out Australia’s Victoria region could actually help boost Green Triangle’s processing industry. Industry sources estimate the Green Triangle timber export industry underpins around 1,000 jobs in the south-east of South Australia (SA) and western Victoria.
Kenya Faces Shortage of Timber Just as the Country’s Needs Increase
Kenya’s demand for wood and wood products is increasing faster than their outdated sawmills and lack of forestlands can produce. A logging ban, imposed in 2018 by the Kenyan government, which applies only to government owned land, which is mainly mahogany, cypress and eucalyptus, which was meant to help regenerate its forests has made the situation even more dire, albeit needed.