International Paper (IP) and Suzano pour cold water on Reuters report that Suzano may acquire IP

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

Reuters reported that Suzano has expressed interest in acquiring International Paper—but IP and Suzano pour cold water on the report. In other company news: Teal-Jones has an interim deal to restart BC operations; Canfor reinforces ties with China; Weyerhaeuser partners with U of Arkansas; Pacific Woodtech is hiring; and Western Forest Products and Louisiana Pacific report their Q1, 2024 results. Elsewhere, more on NAFTA panel’s call to correct softwood lumber duty errors.

In Forestry/Climate news: Canada releases Indigenous-led climate change report; FPAC unveils National Innovation Awards; BC publishes interactive map of timber harvesting proposals; ENGOs say BC’s laws protect industry over people; and California group sues US Forest Service over wildfire protection.

Finally, the BC Interior Logging Association AGM kicks off Friday, and a Global Wood Summit update.

Kelly McCloskey, Tree Frog Editor

Read More