SCA said that it will introduce a new reporting segment — Renewable Energy — from January 1, 2023. The decision is in line with SCA’s stated ambition to grow and realize business opportunities in the renewable energy sector. SCA is one of Europe’s leading renewable energy producers. Twenty per cent of Sweden’s wind power capacity […]
Tag Archives: U.S. sawmills
09
Aug
Aug
In June, Canada’s exports of softwood lumber in the U.S. dipped 3.8% year-on-year to 2,8 million m3. According to Lesprom Analytics, the value of exports declined 48% to $792 million. Average price of softwood lumber decreased 46% to $285 per m3.
News
U.S. Lumber Coalition supports Department of Commerce decision on total duty rate of 8.59% on Canadian softwood lumber
09
Aug
Aug
The U.S. Department of Commerce issued its final determination in the third annual review of softwood lumber imports from Canada. The total duty rate of 8.59% confirms yet again that Canadian lumber imports are unfairly traded into the U.S. market, said U.S. Lumber Coalition in a statement. “The trade laws duties announced today by the Commerce Department […]
08
Aug
Aug
Katrine Conroy, Minister of Forests; Ravi Kahlon, Minister of Jobs, Economic Recovery and Innovation; and George Chow, Minister of State for Trade, have issued the following joint statement in response to the U.S. Department of Commerce’s final determination in its third administrative review regarding countervailing and anti-dumping duties applied to Canada’s softwood lumber exports to […]
04
Aug
Aug
The American Forest & Paper Association (AF&PA) announced that 65.7% of paper consumed in the United States was recycled in 2020, maintaining a recycling rate that has been consistently high for over a decade. Since 2009, paper recycling has met or exceeded 63% – nearly double the rate the U.S. paper industry achieved in 1990. Meanwhile, U.S. mill consumption of old corrugated containers (OCC) reached a record level in 2020 of 22.8 million tons. The recycling rate for OCC was 88.8%, and the three-year average was 92.4%. “In an unprecedented and dynamic year defined by the COVID-19 pandemic, almost two-thirds of paper was recycled and transformed into new sustainable […]
19
Jun
Jun
Resolute Forest Products recently announced additional capital investments of $50 million in its wood products operations to support its continued growth, and it confirmed the repayment of all amounts outstanding under its revolving and term credit facilities, reducing debt by $180 million in the second quarter. “The cash generated with our lumber platform in these […]