The Mekong Wood MDF Joint Stock Company has ventured into the production of MDF panels with a new plant in Phu Tho, Vietnam, Wood & Panel Europe reported.
Wood Markets News
Unique Launceston, Australia, Timber Office High-Rise Is Officially Open
Launceston’s newest office building and one of Australia’s most sustainable buildings is officially open, according to a feature by Pulse Tasmania.
US National Interagency Fire Center Wildfire Update as of July 22nd
As of Monday, July 22nd, 66 large active wildfires are being managed and have burned 1,125,770 acres. The National Wildfire Preparedness Level has been raised to a 5 out of 5.
Canadians Receiving Regular Employment Insurance Benefits Increase in May
464,000 Canadians received regular Employment Insurance (EI) benefits in May. This is up 1.9%, or 8,700, from April.
Weyerhaeuser Indefinitely Curtails Its New Bern, NC, Sawmill
Weyerhaeuser intends to indefinitely curtail production at its New Bern, North Carolina, sawmill, the New Bern Sun Journal reported.
BC Reducues Allowable Annual Cut Level for Slocan Valley Area
The new AAC for the TFL is 56,100 cubic meters. This is a 30% reduction from the previous AAC.
BC Reduces Allowable Annual Cut Level for Arrow Lake Area
The new AAC for the TFL is 382,800 cubic meters. This is a 7% reduction from the previous AAC.
Canadian Industrial Product and Raw Materials Price Indices for June
Prices for pulp and paper products increased 1.7% on a monthly basis in June, mainly due to higher prices for wood pulp—up 2.9%.
Remodeler Sentiment Holds Steady in Q2
The RMI for Q2 posted a reading of 65, down one point when compared to Q1. The index remains solidly in positive territory.
Over 150 Wildfires Burn Across Alberta, Many Out of Control
Alberta Wildfire has reported another 47 wildfire starts in the past 24 hours as 150 wildfires burn across the province, according to CBC News.