Lumber prices rebound, Resolute reports improved earnings

February 4, 2021
Category: Today's Takeaway

Lumber prices rebounded last week as clarity remains elusive on sales and prices. In other Business news: Resolute reports improved Q4 and full-year earnings; a cooperative looks to purchase Verso’s Wisconsin pulp mill; Simpwc First Nation pursues a waste-to-energy mill for Vavenby, BC; a biomass-based diesel plant is being constructed in Port Arthur, Texas; and updates on US homeowner vacancy rates and sources of financing for new homes.

In other news: ENGO’s calls BC’s old-growth protection ‘misleading‘; Biden urged to protect non-native species at risk; and tree hunters find tallest sugar pines in the world. Meanwhile: FPInnovations says the future is wood; and robot logging trucks are coming to Northern Ontario.

Finally, BC’s Minister of Forests keynotes foresters’ AGM, and an update on the Montreal Wood Convention.

 Kelly McCloskey, Tree Frog Editor

Read More