Domtar to sell its forest products business to EACOM
Domtar Corporation has announced that it has entered into an agreement to sell its forest products business to EACOM Timber Corporation for CDN$80 million plus elements of working capital estimated at CDN$30 to CDN$40 million.
New issue of MOST Digest - Russian Timber Industry
Business Support Bureau Runa monitors the Russian timber industry and the market for hot topics, news, expert opinion and relevant information and provides you with the most relevant and interesting information in the form of a free digest - to help you make the right business decision.
VANCOUVER — China's appetite for British Columbia lumber grew at a record pace in 2009 in volume and value, providing sawmillers here with a needed new market to counter stumbling American demand.
B.C.'s forests minister questions report predicting decline of forest industry
VANCOUVER, B.C. - British Columbia's forests minister says the outlook for the lumber sector in the province's Interior, ravaged by the mountain pine beetle, isn't as pessimistic as an industry report issued this week.
The Feb. 27 Chilean earthquake did enough damage to that country's forest products industry to spark global shortages that are pushing prices higher in Canada.
An isolated First Nations region on the northern British Columbia coast is emerging as a new economic powerhouse, leading the rebirth of the forest industry in that part of the province.
A Moscow-based group of investors chose Jartek to deliver a sawmill for a Sawmill №1 that is to be constructed in Kazluk (Komi Republic, Russia). There were several international enterprises competing for this project, resulting in a long and tough bargaining process.
