19. West Fraser reports Q2 loss of $14M vs earnings of $188M in same ... VANCOUVER (CP) - West Fraser Timber co. ltd. (TSX:WFT) says higher costs and lower shipments in a struggling lumber industry led to a second quarter loss of $14 million, compared to earnings of $104 million in the same period last year. housing starts over the past 12 months has resulted in reduced lumber demand and excess lumber supply," West Fraser said in a release. denominated debt, $51 million related to sale of an interest in a power purchase agreement; $9 million related to the B....
Source • News1130,Canada •
20. Corner of state sets pace to save forests Lately, however, locals here have become examples for us all and are national pacesetters in laying aside feuds, putting heads together and figuring how forest preservation can live alongside a forest economy. It would set aside more than 300,000 acres as designated wilderness, protecting dry, old-growth forests of Ponderosa pine and interior rain forests of Western red cedar. and other timber operators have kept going, but they have depended on private timber and logs harvested from the...
Source • 7/26/2007 •
21. Safeguarding an asset States in Peninsular Malaysia have been told to keep a close eye on extraction of the heartwood by emphasising on enforcement of Section 15 of the National Forestry Act 1984, which requires any removal of the valuable product to be accompanied with a removal pass. Malaysia is taking steps to ensure that the trade in gaharu is sustainable. States in Peninsular Malaysia have been told to keep a close eye on extraction of the heartwood by emphasising on enforcement of Section 15 of the...
Source • 7 hours ago •
22. Indonesia sees slower palm oil expansion from 2010 Reuters . Tuesday, 31 July 2007 Email a Friend . Printable View . Have Your Say Related Links Subscribe to Archivestuff Have your say Indonesia expects palm oil output to grow sharply in the next two years but stricter forest protection may then slow expansion, a senior industry official has said. Reuters . Tuesday, 31 July 2007 Email a Friend . Printable View . Have Your Say Related Links Subscribe to Archivestuff Have your say Indonesia expects palm oil output to grow sharply in the next...
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23. Lumber industry titan dies at age 75 From humble beginnings selling sawdust and firewood in Duncan, Doman built up an integrated forest company with 6,000 employees and sales in excess of $1 billion at its peak. For more than five decades, he built and acquired sawmills, pulp mills, value-added plants and timberlands across Vancouver Island and on the Lower Mainland, but he was forced to watch -- helpless and defiant -- in 2004 as the empire he once ruled changed hands. A tireless worker and self-made forestry magnate, Doman...
Source • Canada.com,Canada •
24. Thank the housing slump for lower lumber prices; other materials ... Prices on lumber have fallen in recent months, the result of a struggling home-building industry that has put the brakes on new construction. Lumber, though, is about the only building material that has dropped substantially as a result of housing-market conditions. Ten percent might be on the high side, said Glenn Roberts, senior merchant over lumber for Home Depot (HD : HD News , chart , profile , more Last: Delayed quote data Add to portfolio Analyst Create alert Insider Discuss...
Source • MarketWatch •
25. Ash trees still have value after tree-killing beetle attacks Only a few cities, however, are preparing for disposal of the dead trees, and most trees still end up as fireword or mulch. TOLEDO, Ohio -- Ash trees are being turned into baseball bats for Little Leaguers, park benches and baby furniture as cities around the Midwest try to get rid of millions of trees killed by a paper clip-size beetle. Most of the trees were ground into mulch for homeowners and chips for a wood-burning power plant in Flint -- 300,000 tons of wood were sent to the plant...
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26. Tree's fate doesn't have to be ash to ashes Only a few cities, however, are preparing for disposal of the dead trees, and most trees still end up as firewood or mulch. TOLEDO -- Ash trees are being turned into baseball bats for Little Leaguers, park benches and baby furniture as cities across the Midwest try to get rid of millions of trees killed by a beetle the size of a paper clip. Federal agriculture officials say the ash borer could spread to the east-central United States within the next two decades. Forest Service, wants...
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27. Forestry firms find profit in their real estate They are members of a much-diminished army, the logging and sawmilling workers who toil in British Columbia's coastal forests, and they have gone from being among the loudest and most powerful economic forces in the province to fighting for their survival. They are members of a much-diminished army, the logging and sawmilling workers who toil in British Columbia's coastal forests, and they have gone from being among the loudest and most powerful economic forces in the province to fighting...
Source • Globe and Mail,Canada •
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