Enviva is preparing to file for bankruptcy: Wall Street Journal

The Tree Frog Forestry News
February 14, 2024
Category: Today's Takeaway

The Wall Street Journal says wood pellet maker Enviva is preparing to file for bankruptcy within days. In other Company news: Cascades’ mill closures will impact 230 in Ontario; Western Forest Products reports Q4 net loss; Mosaic is named one of BC’s top employers; and Mondi signs an agreement with Hinton, Alberta. Meanwhile: US inflation remains sticky due to housing costs; and recovered paper slumps across Europe.

In Forestry/Climate news: Alberta Fire Chiefs call for wildfire strategy; BC energy minister says province is preparing for drought; and opposition mounts to BC’s proposed Land Act changes, as Lands Minister says First Nations will not have a veto. Elsewhere: North Carolina’s Governor signs an executive order to conserve 1 million acres of forests; and new research on reforestation and rising temperatures in the eastern US. 

Finally, Kevin Horsnell (Canfor), David Beleznay (Mosaic) and Peter Flett (Nk’Mip Forestry) are BC Forest Professional’s award winners.

Kelly McCloskey, Tree Frog Editor

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