Kruger and Paper Excellence announced the purchase/sale of Kamloops pulp mill. In other Business news: Boise Cascade reports positive Q1; Siemens to wind down 170-year-old Russian business; and the war’s potential impact on New Zealand’s timber exports. On the market front, US homebuilders are disappointed with the lack of progress on softwood duties; lumber price’s tumble; interest rates rise; and building material prices are up (again).
In other news: Northern BC groups blast province’s handling of timber supply; the new centre of gravity in the US timber industry; and wildfire strategies from Arizona and New Mexico, amid wildfire challenges in Ontario, Nova Scotia, and Oregon.
Finally, the largest ever, full-scale mass timber fire test is set for June.
Kelly McCloskey, Tree Frog Editor