Louisiana Pacific surprises with strong Q2, 2024 earnings

The Tree Frog Forestry News
August 8, 2024
Category: Today's Takeaway

Louisiana Pacific surprises with strong Q2, 2024 earnings of $160 million. In other Company news: Cascades’ Q2 earnings were $1 million; and International Paper commits $15.3 million for conservation. On the Market front: Fannie Mae says US consumers are frustrated by housing costs; RISI forecasts housing to rise 11%; and global recovered paper trade trends remains in flux. Meanwhile: more on Vancouver’s six-storey wood-frame construction fire; and the 2024 FSC conference in Nashville is open for registration. 

In Forestry/Wildfire news: Canada invests to conserve 1600 hectares in Ontario; a UBC Okanagan professor’s wildfire sensors pinpoint susceptible forests; ENGOs question BC’s move to expedite salvage logging after fire; the Jasper Alberta wildfire could burn for months; Arizona employs thinning to reduce risk; and Tennessee undergoes a state-wide forest inventory update.

Finally, Brazil said Amazon deforestation is down to its lowest level since 2016.

Kelly McCloskey, Tree Frog Editor

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