Multiple firms report curtailments, net losses in Q1, 2025

The Tree Frog Forestry News
May 2, 2025
Category: Today's Takeaway

Mercer International, Clearwater Paper and Rayonier Inc. reported Q1, 2025 net losses. In related news: BC-based Cedar Valley Holdings will close in June; Millar Western is temporarily curtailing its BC and Alberta pulp mills; and Smurfit Westrock announced capacity reductions in the US and Germany. In other Business news: Drax abandons AGM due to protests—says pellet production is up; and advice for Prime Minister Carney courtesy of BC’s Premier Eby and the BC Real Estate industry.

In Climate Change news: Canada’s supreme court will not intervene in an Ontario climate case; BC admits its climate goals are out of reach; and the US is suing four states over their GHG reduction laws. In Forestry news: BC invests to address invasive plants; a BC First Nation acquires Interfor forest tenure; new research on how logging impacted Australia’s native forests; and California’s insurance industry wants reforms to prevent massive wildfires.

Finally, Harvard is building a new conference centre – and it’s made entirely of wood.

Kelly McCloskey, Tree Frog News Editor

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