Flakeboard Buys Three Mills

Flakeboard America Ltd., a U.S. subsidiary of Arauco, is acquiring the U.S. panel assets of SierraPine, including three composite board plants: particleboard plants at Martell and Springfield Calif. and a MDF plant at Medford, Ore.

The acquisitions will enlarge the panel capacity of the Arauco plants in North America to 2 billion SF (3/4 in. basis) or 3.5 million m3.

Meanwhile SierraPine states it will permanently close its particleboard plant in Adel, Ga., which was built in 1965.

Arauco acquired Flakeboard’s seven composite board mills and Uniboard’s particleboard/MDF/laminate complex in Moncure, NC in 2012. The North American mills operate under the Flakeboard name.

The Medford plant opened as a division of Medco in 1975.

Isaias Damages $33.5 Million in Alabama Timber

Hurricane Isaias damaged more than 2.5 million tons of timber valued at more than $33.5 million in southwest Alabama, according to a preliminary aerial assessment by the Alabama Forestry Commission (AFC). The Category 2 storm…

BASF Reveals New MDI Plant In Louisiana

BASF Corp. has planned its new MDI plant inauguration celebration in Geismar, La. in November. Representing a nearly $1 billion investment, the event markes the completion of BASF’s multi-year MDI expansion project and reinforces the…

Siempelkamp, Hexion Go Separate Ways On AI Development

Siempelkamp and Hexion have ended their cooperation toward the development of AI solutions for the wood-based panel industry. Siempelkamp states it will continue to pursue its own strategy in this area, and Hexion says its…

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