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An example of a few headlines sent to our customers on Aug, 10 2023
Forestry & Timberland

powered by Industry Intelligence, Inc.

August 10, 2023

Industry Roundup

Forestry

Texas timber is finding opportunities in new markets, from carbon sequestration to mass timber; Texas A&M Forest Service expert says industry is facing up to traditional market challenges by finding new ways of adding value to trees
States News Service (08/09)

Alabama Forestry Commission warns landowners to beware of a timber cutting scam using fake permit/'lumberjack' contract
Enterprise Ledger (AL) (08/09)

Timberland / Forestland

New York State DEC finalizes amendment to management plan for Peekamoose Valley Riparian Corridor in 30,000-acre Sundown Wild Forest; aim is to improve infrastructure, increase safety, enhance natural resource protection, improve visitor experiences
Targeted News Service (Press Releases) (08/09)

Pittsburg, New Hampshire, community voices concerns over impact Bluesource plans for forestry carbon credits will have on region's forest products economy; company now owns largest block of land in the state, and its mission is to leave trees standing
Telegraph (Nashua, NH) (08/09)

Forestry/Timberland

Forest Resources Assn. names Keith Gray as president succeeding Deb Hawkinson, who is retiring; formerly with USDA, Gray has extensive experience in agriculture and public policy
Forest Resources Association (08/09)

 Agri

Fertilizers & Plant Nutrients

Paul Krugman says rising global food prices mostly caused by Russia, not by anything that happened in US; Russia's invasion of Ukraine has disrupted agriculture, hiked fertilizer and natural gas costs, and raised risk of full-blown food crisis
Business Insider (08/09)

Regenerative Agriculture

CARGILL JOINS CORNELL-LED PARTNERSHIP TO SUPPORT REGENERATIVE AG IN NY
States News Service (08/09)

 Land

Land

Indiana farmland prices again hit record highs in 2023, with the average price of top-quality farmland averaging US$13,739/acre, up 7.3% from year-ago period, survey says
Tribune (08/09)

 Wood Products

Oriented Strand Board (OSB)

LP Building Solutions names Gabriel Farias as VP of OSB manufacturing and Landon Stephens as director of OSB sales and marketing
Canada Newswire (08/09)

Lumber

Conifex reports Q2 net loss of C$9.2M on revenue of C$27.2M; results reflect reduced operating earnings on lower lumber prices and reduced shipments, with Mackenzie sawmill having been curtailed in June
GlobeNewswire (Canada) (08/09)

GreenFirst reports Q2 loss of C$9.7M on sales from continuing operations of C$111.6M; corporate reorganization to begin this fall to separate lumber mill assets from paper mill assets
Business Wire (08/09)

 Pulp/Fiber

Paper Pulp

Ahlstrom's Thilmany paper mill in Kaukauna, Wisconsin, celebrates 140 years of operation; roughly 750 employees work at facility between integrated pulp, specialty paper mill and central office
Post-Crescent (Appleton, WI) (08/09)

European port inventories of woodpulp at the end of June increased month-over-month by 23,647 tonnes, or 1.3%, to reach 1,814,231 tonnes, which is 76.4% higher than a year earlier: Europulp
Industry Intelligence Inc. (08/09)

Paper Recycling / Recovered Paper

Summit County landfill in Utah plans expansion to extend site's life, improve recycling; landfill processes up to 52,000 tons/year of waste, and currently up to 80% of site's waste could be recycled or composted, particularly containerboard
Waste360 (08/09)

Publication / Fine Paper

Arctic Paper to invest SEK285M to expand, upgrade biofuel installation that produces electricity, steam at coated woodfree paper mill in Grycksbo, Sweden; investment to save SEK50M/year in energy costs, will also produce SEK100M/year of wood pellets
Arctic Paper SA (08/09)

Sylvamo now seeing 'very early indications' that global advertising may be rebounding, expects paper demand in Europe and North America to begin to improve; company says its paper customers have completed majority of their inventory corrections: CEO
Business Wire (08/09)

Containerboard

GP's Brewton, Alabama, containerboard mill hires Jerry Clark as vice president and general manager, replacing Mark Martin , who was promoted; Clark was most recently senior director of process optimization and reliability at WestRock
Brewton Standard, The (AL) (08/09)

BOBST’s wide-web flexo technology for flexible materials: Compendium of a story 75 Years in the making
Bobst Group (08/09)

Paperboard

RYAM reports Q2 net loss of US$17M, compared to net loss of US$23M in prior-year quarter, as sales drop 3.5% year-over-year to US$385M; despite volume pressure due to destocking in cellulose specialties, paperboard, RYAM raised prices from previous year
Rayonier Advanced Materials Inc. (08/09)

 Logistics

Trucking / Van Delivery

Alaska's sole highway to face heavy traffic due to Kinross/Contango Tetlin Mine's plans to haul ore, posing safety and infrastructure damage risks; Alternative solutions suggested include on-site processing or rail extension for mines to mitigate damage
Arctic Sounder (Anchorage, AK) (08/09)

Trucking spot market nears boiling point with rising costs and declining rates, triggering carrier frustrations; roughly 10% of truck drivers plan to leave industry soon due to lower demand and elusive profits: Bloomberg, Truckstop
PR Newswire (08/09)

Ocean Cargo / Shipping

DB Schenker and Hapag-Lloyd sign agreement for emission-reduced container transports in Germany; DB Schenker plans to claim 3,000 tonnes of CO2e emissions avoidance by end of 2023 based on at least 1,000 tons of pure biofuel
Biofuels Digest (08/09)

Logistics, Shipping & Delivery

United Steelworkers union members vote in favor of a new contract with National Steel Car, ending strike by 1,475 workers that began June 29
United Steelworkers (USW) (08/09)

Registration Now Open for ATA Management Conference & Exhibition
American Trucking Associations (08/09)

 Bioeconomy

Biofuels / Low-Carbon Fuels

Switzerland-based integrated energy company and methanol producer Proman partners with Origin Materials to explore production and global distribution of low-carbon biofuels
Business Wire (08/09)

J.B. Hunt publishes 2022 ESG report; highlights include company's goal to reduce carbon emissions by 32% by 2034, focus on incorporating alternative-powered equipment, expanding use of biogenic fuels and improving fuel economy in diesel-powered mi./gal.
J.B. Hunt Transport Services, Inc. (08/09)

 Stock

Latest: Aug, 09 2023

Latest Value Prev Chg YOY Chg
Watchlist
PotlatchDeltic (PCH) 51.19 51.20 -0.02% 8.59%
Rayonier (RYN) 31.96 31.90 0.19% -11.05%
Weyerhaeuser (WY) 33.40 33.37 0.09% -5.19%
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