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Native timber harvesting area in Victoria, Australia, is now less than 2% of state's public forests; government is undermining industry confidence that it can guarantee timber supply until 2030 for state's remaining mills: Victorian Forest Products Assn.
Published: October 06, 2022 by Victorian Forest Products Association (VFPA)
Softwood Lumber Board report notes SLB programs generated 526 mmbf of demand in Q2; it also highlights that AWC is in final stages of developing, launching three new tools to fill carbon accounting data gaps across wood products value chain
Published: October 06, 2022 by Softwood Lumber Board (SLB)
CIBC maintains Interfor at neutral with C$32 target after announced Chaleur acquisition, but lifts Interfor's 2023 EBITDA estimate to reflect additions of two sawmills in Atlantic Canada, assuming mill operating rates in New Brunswick of about 90% in 2023
Published: October 06, 2022 by CIBC World Markets Inc.
RBC Capital: Sentiment neutral on Interfor acquiring Chaleur Forest Products, which owns two sawmills in New Brunswick; Interfor expects to close transaction in Q4, achieve annual synergies of C$5M within 12 months of closing
Published: October 06, 2022 by RBC Capital Markets LLC
RBC highlights wood products news for the week (Oct. 2): Lumber prices down and OSB prices flat; GreenFirst announces C$140M in new financing; Tolko plans to rebuild High Prairie, Alberta, OSB mill following fire in May caused by a thermal oil leak
Published: October 06, 2022 by RBC Capital Markets LLC

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