Tag: Norbord

Russian Timber Journal 12-2020: Andrey Konoplev, General Director of Group Vologodskiye Lesopromyshlenniki, on the implications of the roundwood export ban being introduced from 2022 onwards; Luzales plans to build an MDF plant worth 5 billion rubles; the Ministry of Industry and Trade may introduce a temporary ban on the export of particleboards from Russia; analysis of the current situation in the particleboard, laminated particleboard, MDF market

Russian Timber Journal 12-2020: WhatWood interviewed Mr. Andrey Konoplev, General Director of Group Vologodskiye Lesopromyshlenniki, about the ban on the export of unprocessed timber to be introduced from 2022; Luzales agreed on the conditions for the construction of an MDF...

Russian Timber Journal 11-2020: projected construction of a timber industry complex on the Sakhalin island, Russia, will have the capacity to process over 1.2 million m³ of raw material per year; a significant rise in prices for particleboards is being observed in Russia; interview with Yury Shishkunov, Head of LesoTorgovaya Companiya LLC; Russian sawn timber exports to Japan in 2020, results and outlook

Russian Timber Journal 11-2020: by the directive of the Sakhalin regional government, it is planned to construct one of the largest wood processing centers in all of Russia; Russian retail prices for particleboards began to rise; Yury Shishkunov: “If...

Norbord to restart OSB mill in Canada

Norbord announced as part of their flexible operating strategy and in response to increased customer demand that they intend to restart production at their Chambord, Quebec OSB mill in the spring of 2021. Peter Wijnbergen, Norbord’s President &...

West Fraser Timber to acquire Norbord in all-stock deal valued at $3.1 billion

A $3.1-billion all-stock deal to take over Norbord Inc. will transform West Fraser Timber Co. Ltd. into a “global diversified wood products company,” CEO Ray Ferris said Thursday. Norbord, the world’s largest manufacturer of oriented strand board housing...

Russian Timber Journal 08-2020: Ranking of Top 100 Russian timber industry companies in 2019: slowing down as global economy growth decelerates; interview with Management at Metadynea – Russia’s largest synthetic resins producer; the Russian wood-based panel sector is trying to recover from the recession of the coronavirus crisis

Russian Timber Journal 08-2020: the total revenue of the Top-100 forestry companies in 2019 amounted to RUB 1.19 trillion, which in current prices is only 0.44% more than in 2018, and this is the minimum growth rate over...

Norbord reports 2Q 2020 earnings

Norbord Inc. reported Adjusted EBITDA of $84 million for 2Q 2020 compared to $75 million in 1Q 2020 and $36 million in 2Q 2019. The quarter-over-quarter increase was primarily due to lower manufacturing costs, partially offset by lower...

Russian Timber Journal 02-2020: Russia: wood pellet exports grew by 28% and totaled almost 2 million tons in 2019; the Russian Government to consider the creation of a separate forest ministry in Russia; abnormal temperature undermined harvesting enterprises of the Leningrad region; the Ministry of Industry and Trade is agreeing on the ban on government purchases of foreign furniture with other departments

Russian Timber Journal 02-2020: In 2019, wood pellet exports from Russia showed the highest growth pace among all export-oriented forest products; Mikhail Mishustin instructed the Government to consider the creation of a separate forest ministry in Russia; the...

Russian Timber Journal 10-2019: Top 100 Russian timber industry companies in 2018: the highest total revenue in recent history; Russian Government can introduce export customs duties on sawn timber; about 70% of China’s wood processing mills can be closed; Segezha Group to invest over 500 million rubles in timber harvesting in Siberia and Arkhangelsk Region

Russian Timber Journal 10-2019: WhatWood Timber Industry Analytics Agency has prepared a fresh annual ranking of the 100 largest timber companies in Russia. Their combined revenue in 2018 totaled 1.16 trillion rubles, which at current prices is 26%...

Russian Timber Journal 05-2019: WhatWood interview with CEO of Altailes; Causes of dropping prices for Russian plywood; Wood product exports hit by US tariffs; Rosleskhoz supported distant monitoring of forests; WhatWood’s study of Russian forest products exports and imports for 4 years; Sawmill profit margins fell substantially in North America

Russian Timber Journal 05-2019: WhatWood interview with CEO of Altailes; Causes of dropping prices for Russian plywood; Wood product exports hit by US tariffs; Rosleskhoz supported distant monitoring of forests; WhatWood’s study of Russian forest products exports and...

Büttner will supply a second drying line for Norbord’s OSB plant in Scotland

The Canada-based Norbord OSB-manufacturing company will be installing a second drying line at its plant in Inverness, Scotland.  The order for the supply of a new drying line OSB and power plant was received by the company Büttner,...

Global Trends Review, July 28 – August 10, 2014: political risks create market problems in Russia and Turkey; log supply-demand structure in Japan

Canadian panel producer Norbord reported EBITDA of $33 million in the 2Q 2014 which is 22% higher than in 1Q, but 68% lower than a year-ago indicator. OSB prices and deliveries have grown in North America. Shipments in...

Global Trends Review, January 27 – February 09, 2014: OSB demand booming in UK, but probably at risk in Central Europe

Canadian Norbord company is going to expand its Inverness OSB mill in UK in order to meet an anticipated 50% increase in OSB consumption during the next decade, TTJ reported. Earlier the company completed a detailed feasibility study...