Paper Excellence: The making of a new forestry giant

The Tree Frog Forestry News
November 2, 2022
Category: Today's Takeaway

With the purchase of Resolute, Paper Excellence will rival West Fraser, North America’s largest forestry company. In other Business news: bids expected on Resolute’s Thunder Bay mill; Western Forest Products’ Port Alberni mill closure to last six months; Snavely Forest Products expands in Texas, Ponsse North America expands in Florida; Spectrum Energy’s pellet plants face protests; and Rayonier Advanced Materials reports positive Q3 results.

In Forestry/Climate news: a Wall Street firm makes big bet on forest carbon; pledges to plant trees hampered by lack of seeds; ENGOs push on Canada’s carbon emissions from logging; and University of BC researchers develop new uses for wood cellulose.

Finally, we can confidently say we’re now in a housing recession (NAHB’s Robert Dietz).

Kelly McCloskey, Tree Frog Editor

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