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Wood & Panel Europe is the bi-monthly digital magazine that covers what industry professionals prefer to know to accelerate their business operations. Ranging from SME decision-makers to multinational production plant managers, we are read by all. Our subject caters to forestry, high-end automated technologies, panel manufacturing, solidwood processing, veneers, laminates, finished and semi-finished products, construction, general woodworking and a lot more.
Wednesday, 29 February 2012
GREEN BUILDING CONFERENCE AND EXPO BEGINS REGISTRATION
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AKZONOBEL'S CHEMCRAFT EXPANDS ITS DISTRIBUTOR NETWORK
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ARMSTRONG REPORTS PROFIT
Operating income and net income both increased due to cost reduction actions, which resulted in lower SG&A expenses and manufacturing costs when compared to the same period last year.
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CEU FOR ARCHITECTS AND DESIGNERS AT NWFA EXPO
Attending educational sessions on wood floors at the 2012 NWFA Wood Floor Expo can earn architects and designers continuing education units (CEUs).
NEW-HOME SALES DECLINED IN JANUARY
Sales of newly-built, single-family homes declined by less than one percent in January from an upwardly revised number in the previous month to hit a seasonally adjusted annual pace of 321,000 units, according to data jointly released by HUD and the U.S. Commerce Department
today.
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today.
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Saturday, 25 February 2012
Interfor's Q4 Results Decline on Lower Volumes and Market Prices
INTERNATIONAL FOREST PRODUCTS LIMITED or INTERFOR reported a net loss of $6.5 million or $0.12 per share in the fourth quarter of 2011. Included in the Company's accounts in the quarter was the effect of unrecognized tax assets of $3.9 million or $0.07 per share.
Excluding the tax allowance and other one-time items, Interfor recorded a net loss of $2.5 million or $0.04 per share compared to a net loss of $0.5 million or $0.01 per share in the immediately preceding quarter and net earnings of $0.5 million or $0.01 per share in the fourth quarter of 2010.
Also included in the Company's accounts in the fourth quarter was a provision for share-based compensation of $0.9 million or $0.02 per share compared to a recovery of $0.9 million or $0.02 per share in the third quarter.
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Excluding the tax allowance and other one-time items, Interfor recorded a net loss of $2.5 million or $0.04 per share compared to a net loss of $0.5 million or $0.01 per share in the immediately preceding quarter and net earnings of $0.5 million or $0.01 per share in the fourth quarter of 2010.
Also included in the Company's accounts in the fourth quarter was a provision for share-based compensation of $0.9 million or $0.02 per share compared to a recovery of $0.9 million or $0.02 per share in the third quarter.
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WEST FRASER TIMBER ANNOUNCES 4Q 2011 RESULTS
West Fraser Timber Co. Ltd. an integrated wood products company producing lumber, wood chips, LVL, MDF, plywood, pulp and newsprint operating in western Canada and the southern United States reported profit after discontinued operations of $6 million on sales of $650 million in the 4Q 2011 and earnings after discontinued operations of $73 million, on sales of $2,762 million for 2011.
The West Fraser's Chairman, President and CEO, Hank Ketcham commented, "We are very encouraged with the results of our capital investment program as well as the continued commitment of our employees to West Fraser's long-term success."
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The West Fraser's Chairman, President and CEO, Hank Ketcham commented, "We are very encouraged with the results of our capital investment program as well as the continued commitment of our employees to West Fraser's long-term success."
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THE GLOBAL WOOD FIBER INDICES FOR SOFTWOOD AND HARDWOOD FIBER DECLINED
Global demand for pulp has declined and pulp prices fell during the second half of 2011. As a consequence, prices for wood fiber, the highest cost component when producing pulp, were down throughout the world, as reported by the Wood Resource Quarterly. The Global Wood Fiber Indices for softwood and hardwood fiber declined 3.5% from the 3Q/11.
Global pulp prices fell by about 20 percent from July to December last year. Weakening demand for pulp and lower product prices squeezed pulp company profit margins, so many companies tried to reduce their costs for wood fiber, which represents the largest cost component when manufacturing pulp.
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Global pulp prices fell by about 20 percent from July to December last year. Weakening demand for pulp and lower product prices squeezed pulp company profit margins, so many companies tried to reduce their costs for wood fiber, which represents the largest cost component when manufacturing pulp.
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MILLER AS VICE PRESIDENT, CHIEF INFORMATION OFFICER AT PLUM CREEK
Plum Creek Timber Company announced appointment of Mark Miller as the company’s vice president and chief information officer. Miller will now will be responsible for the company’s information technology team and the services it provides to the company.
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AWMAC CONVENTION 2012 DATE AND VENUE DECLARED
The 2012 AWMAC (Architectural Woodwork Manufacturers Association of Canada) Convention will be held by the Ontario chapter of the association from May 31 to June 2. The convention will be held at the White Oaks Resort and Convention Centre which is in the Niagara Falls tourist region.
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ARFC: SECRETARY SALAZAR'S FAILED TIMBER POLICIES BAD FOR RURAL OREGON
American Resource Forest Council (ARFC) made public its opinion on new forest planning process for western Oregon. Ken Salazar, President Obama’s Secretary of the Interior, who visited Medford, Oregon on 21 Feb to tour the “Pilot Joe” demonstration project and hold a Town Hall meeting announced an administrative forest planning process for 2.5 million acres of western Oregon forests managed by the Bureau of Land Management (BLM), including the Oregon & California (O&C) Grant lands. According to ARFC this planning process is “lengthy” which “comes nearly 2 ½ years after Secretary Salazar illegally withdrew the 2008 Western Oregon Plan Revisions”.
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AWC SUBMITS DATA FOR EPA?S BOILER MACT RULES
AWC’s submitted comments address concerns over achievability, inadequate compliance time, uncertainty of classifying biomass materials as fuels, excessive costs, and the prevalence of legal uncertainty.
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AWC UPSET AS BIOBASED MEMO EXCLUDES WOOD PRODUCTS
He said, “We applaud the intent of President Obama’s memorandum to help protect and increase rural jobs by promoting the use of agricultural products."
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DEXTER + CHANEY TAKES AWAY AWARD FOR INNOVATIVE PRODUCT
The MIP Award program – held annually by Hanley Wood at the World of Concrete tradeshow – is a roundup of the most innovative construction products and technologies that help increase productivity, enhance quality, and promote safety for jobsites and employees in the construction arena. The Experts’ Choice award is given to the product earning the highest ranking from a panel of construction industry experts. Nominated products were evaluated by these experts during the course of the trade show in Las Vegas from Jan. 24 – 27, 2012. Many of the experts involved in the MIP review and selection process serve on the World of Concrete Advisory Board.
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Saturday, 18 February 2012
BASF SCIENTIST FRED GOODWIN AS THE TOP THINKER
Fred Goodwin, Fellow Scientist for BASF Corporation's Construction Chemicals business, was recently named one of the Top 24 Thinkers by JPCL: The Journal of Protective Coatings & Linings. As originally announced in JPCL's sister publication, PaintSquare News, "JPCL's Top Thinkers: The Clive Hare Honors, recognizes a select group of thought leaders worldwide who have advanced the technology of protective and marine coatings in the past decade."
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IPC APEX EXPO WILL FEATURE FIVE PANELISTS
IPC APEX EXPO 2012, February 28?March 1 at the San Diego Convention Center, will feature five panelists who will provide their unique perspectives on what the game changers will be for the industry.
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TOTAL LOG EXPORTS FROM NEW ZEALAND REACHED AS HIGH AS 13 MILLION M3 IN 2011
Log exports from New Zealand in 2011 are set to reach a new record . During the first eight months, total shipments were 25 percent higher than the same period last year (54 percent higher by value) and total exports for 2011 reached as high as 13 million m3, which is more than a doubling from just three years ago. It is worth noting that almost half of the timber harvest in the 2Q was shipped overseas in log form and that almost one-third of the timber harvest in New Zealand is shipped to Chinese sawmills.
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NEW FORESTS ANNOUNCED THE LAUNCH OF FOREST CARBON PARTNERS
New Forests Inc. ("New Forests") announced the launch of Forest Carbon Partners, L.P. ? an investment vehicle for California-compliant forest carbon offset projects ? and the close of the fund?s first two transactions. Forest Carbon Partners offers forest carbon offset project finance and development services to private forest landowners nationwide. The fund manages all aspects of project evaluation, development, registration, and credit sales. Through its portfolio of projects, Forest Carbon Partners will deliver carbon market revenue to landowners and a reliable supply of high-quality offsets to California compliance buyers.
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WEST FRASER ANNOUNCED ITS FOURTH QUARTER RESULTS
West Fraser Timber Co. Ltd. reported earnings after discontinued operations of $6 million or $0.14 per share on sales of $650 million in the fourth quarter of 2011 and earnings after discontinued operations of $73 million or $1.47 per share, on sales of $2,762 million for 2011.
"We ended a challenging year with a difficult quarter as markets for our products continue to be unsettled.? said Hank Ketcham, West Fraser?s Chairman, President and CEO. ?We are very encouraged with the results of our capital investment program as well as the continued commitment of our employees to West Fraser?s long-term success."
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"We ended a challenging year with a difficult quarter as markets for our products continue to be unsettled.? said Hank Ketcham, West Fraser?s Chairman, President and CEO. ?We are very encouraged with the results of our capital investment program as well as the continued commitment of our employees to West Fraser?s long-term success."
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WOOD PELLETS GETTING ATTENTION AS A VIABLE ALTERNATIVE TO OTHER FUELS IN NH
Wood pellets have made the list of heating fuels tracked by the New Hampshire State Office of Energy and Planning (OEP). With growing numbers of New Hampshire homes, businesses, schools and municipalities using wood pellets for heat, OEP now lists the price of residential bulk delivered wood pellets along with the cost of the state's major heating fuels. The information is derived from a survey of five companies providing bulk pellet delivery service in NH.
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NEW FORESTS LAUNCHED FOREST CARBON INVESTMENT FUND
New Forests Inc. announced the launch of Forest Carbon Partners, L.P. - an investment vehicle for California-compliant forest carbon offset projects - and the close of the fund's first two transactions. Forest Carbon Partners offers forest carbon offset project finance and development services to private forest landowners nationwide. The fund manages all aspects of project evaluation, development, registration, and credit sales. Through its portfolio of projects, Forest Carbon Partners will deliver carbon market revenue to landowners and a reliable supply of high-quality offsets to California compliance buyers.
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PRESCOTT TO BUILD A WOOD PELLET MANUFACTURING PLANT
A Toronto-based renewable energy company is eyeing Prescott to build a wood pellet manufacturing plant that will feed a growing European market.
"European and U.K. markets are well defined (and) the Prescott area is ideally suited for a pellet facility," Protocol Biomass Corporation CEO and president Thomas Logan told The Recorder Times on Wednesday.
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"European and U.K. markets are well defined (and) the Prescott area is ideally suited for a pellet facility," Protocol Biomass Corporation CEO and president Thomas Logan told The Recorder Times on Wednesday.
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IMPORT OF SOFTWOOD LOGS AND LUMBER TO CHINA INCREASED
Importation of softwood logs and lumber to China has increased continuously over the past 15 years, and in 2011 the country was the largest importer of softwood lumber and logs in the world, according to the Wood Resource Quarterly. Total import value equaled almost eight billion US dollars last year, which was an increase of 57 percent from 2010, and up from only 70 million dollars 15 years ago. Annual growth over the past five years has been almost 30 percent, and over the past 15 years, the CAGR has been as high as 36 percent.
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USGBC ANNONUCED THIRD PUBLIC COMMENT PERIOD FOR LEED 2012 FROM MAR. 1
The U.S. Green Building Council (USGBC) announced that the third public comment period for the proposed 2012 update to its LEED green building program will open Mar. 1, 2012. The comment period, which will close on Mar. 20, marks the start of the LEED 2012 program delivery process. LEED 2012 is the next step towards a global, performance-based application.
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KRISTEN AS THE NEXT PRESIDENT OF WILSONART
Wilsonart International and Illinois Tool Works (ITW) chose Kristen Manos as the next President of Wilsonart.
"We are thrilled to welcome Kris into our organization," says Jane Warner, ITW Executive Vice President. "She brings significant knowledge, industry relationships and key strategic perspective from her broad range of experience. She will be able to 'hit the ground running' and build on Wilsonart's already strong foundation."
"We are thrilled to welcome Kris into our organization," says Jane Warner, ITW Executive Vice President. "She brings significant knowledge, industry relationships and key strategic perspective from her broad range of experience. She will be able to 'hit the ground running' and build on Wilsonart's already strong foundation."
MARKET FOR NEW SINGLE-FAMILY HOMES ON THE RISE
Home builder confidence in the market for new single-family homes increased for the fifth consecutive month in February, rising from 25 to 29 on the NAHB/Wells Fargo Housing Market Index (HMI) released today. It is the highest level the index has reached in more than four years. "Builder confidence has doubled since September as measured by the HMI," said NAHB Chairman Barry Rutenberg, a home builder from Gainesville, Fla.
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