West Fraser Purchases Norbord For $3 Billion

West Fraser Purchases Norbord For $3 Billion

West Fraser Timber Co. Ltd. is acquiring all of the outstanding common shares of Norbord, the world’s largest oriented strandboard producer, for $3.1 billion. Following closing, the combined company will operate as West Fraser.

“Norbord’s OSB production is a perfect complement to the West Fraser portfolio, enabling us to deliver a wider range of wood products, and making us a more complete, efficient and valuable partner for our customers,” says Raymond Ferris, President and CEO of West Fraser.

Norbord operates 17 plant locations in the U.S., Europe and Canada, encompassing 15 OSB mills, one MDF plant, two particleboard facilities and a furniture plant.

West Fraser operates 34 sawmills in British Columbia, Alberta and the Southern U.S., as well as three plywood operations and two MDF facilities in Western Canada.

West Fraser will continue to be led by Ferris as CEO and Chris Virostek as CFO. Peter Wijnbergen, President and CEO of Norbord, will be appointed President, Engineered Wood, responsible for the company’s OSB, plywood, particleboard, MDF and veneer operations. Sean McLaren, currently West Fraser’s Vice-President, U.S. Lumber, will be appointed President, Solid Wood, responsible for all of the company’s lumber operations.

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500 Has A Nice Ring To It

500 Has A Nice Ring To It

500 Has A Nice Ring To It

500 HAS A NICE RING TO ITArticle by Rich Donnell, Editor-in-Chief, Panel World January 2020

In baseball, 500 is a magical number, and if a player hits 500 home runs during his career he’s on track to make the Hall of Fame. This issue of Panel World is number 500 in its 60-year lifespan, having been founded in 1960; and while Panel World may not be destined for anybody’s Hall of Fame, there’s still something to be said for its longevity as we enter 2020.

The fact that this is the 500th issue had slipped by us editors. Nobody on the editorial staff had thought about it, and we were in the process of planning the editorial content for this issue, when Shelley Smith in our production department buzzed me and asked me if were going to do anything special, given that this is the 500th issue of Panel World.

Actually we had done something special back in our March 2010 issue, when we devoted much of the issue to the 50-year anniversary of Panel World. So after giving it some thought I felt there would have been too much redundancy in doing something similar with this issue. But certainly number 500 deserves a mention. So thank you, Shelley.

James Burrell was the founder and the first editor of Panel World’s predecessor. He had been an editor for two other wood industry publications based in Indianapolis that had just been sold. He tells the story of sitting down at his desk in March 1960 and trying to decide what kind of magazine he wanted to start, blessed with financial support from Review Publishing Co., which later merged with Curtis Publishing Co. Burrell settled on the veneer and plywood industries. He simply called the magazine, Plywood. In 1966 he changed the name to Plywood & Panel with the intent of adding coverage of the particleboard and hardboard sectors.

Hatton-Brown Publishers of Montgomery, Ala., which already published three magazines in the forest products field, purchased the magazine in 1982, formed a separate company to oversee it and changed the name to Plywood & Panel World. I joined Hatton-Brown late in 1983 and in addition to my editorial duties on the other publications, I was told to join the editorial effort to make the magazine something better.

Right away we went hard after mill project and startup stories, while still covering industry news and product technologies. We also wrote about the personalities behind some of the great companies involved in the panel industry. That’s a formula that hasn’t changed much since then. Industry led us to where we needed to go with our coverage, which soon went beyond veneer and plywood and into particleboard, MDF, OSB and engineered wood products. In 1990, we changed the name to Panel World.

It’s been a great ride, and many great editors have traveled many miles to get Panel World to where it is today. And there’s still plenty left in the tank.

 

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Egger Gets Going On P’Board Plant

Egger Gets Going On P’Board Plant

 

Egger reported in mid-November it has started construction on its first U.S. manufacturing plant. Construction of the particleboard plant in Lexington, NC began after the North Carolina Dept. of Environmental Quality (DEQ) issued an air quality permit. The plant is expected to open in 2020.

Earlier this year Egger broke ground on its corporate office building in Lexington. The building will include 80 work places for its North American office staff and serve as the base for all plant operations.

Egger has already hired 50 employees through its Apprentice Training Program with Davidson County Community College. Egger will hire 400 over the next six years.

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Arauco Michigan Mill To Convert Low-Grade Wood Into Quality Particleboard

Dying, deformed and diseased trees will be key ingredients of particleboard manufactured at the new Arauco panel mill in northern Michigan.

“All of these degraded trees need to be removed to better manage our forests,” said Scott Robbins, director of the Michigan Sustainable Forestry Initiative implementation and forest policy for the Michigan Forest Products Council (MFPC). “The Arauco mill is going to source these types of trees to make their product. It’s always good to get rid of the bad trees so you can grow more good trees.”

Randy Keen, wood procurement manager for the Grayling mill, said the current plan is to use 60 percent roundwood and 40 percent clean sawmill chips and other lumber processing byproducts.

“There are not enough sawmills in this area to run a mill this size so that’s why we have to use a combination of pulpwood and mill residuals,” he said. “The main species used will be pine, fir and spruce softwoods, but mixed hardwood species, mainly maple and beech, will be used as well. In the case of pulpwood, we’ll be using the very top of the tree that typically gets left in the woods after the log material is removed. These are small diameter logs that are not suitable for anything else.”

“We believe in the highest and best use of the tree,” Keen said. “If there is a saw log in the tree, we want it to go to a sawmill. By using the stuff that is crooked or has a little bit of rot in it to make our particleboard, we help use the whole tree and help clean the forest for the next generation of trees.”

Read more on this from Woodworking Network at https://www.woodworkingnetwork.com/news/woodworking-industry-news/new-arauco-michigan-mill-convert-low-grade-wood-quality-particleboard/

EPA Updates, Clarifies Formaldehyde Emission Standards For Composite Wood

The Environmental Protection Agency (EPA) has proposed technical amendments to its formaldehyde emissions standards for composite wood products.

Published last week in the Federal Register, the proposed changes primarily address concerns over testing and certification provisions of the rule published in December 2016, which require suppliers, importers, and manufacturers of hardwood plywood, MDF, and particleboard to limit the products’ formaldehyde emissions.

The EPA proposed removing the requirement for annual correlations between third-party certifiers and other mill quality testing procedures. The changes also clarify labeling requirements.

The changes are meant to streamline compliance and align more closely with the California Air Resources Board (CARB) Toxic Control Measures (ATCM) Phase II.

Public comments from a June meeting influenced the proposed rule. The meeting was held to address technical issues, like correlation and equivalence of testing methods, how test data is treated, and handling sampling requirements. Public comments on the latest proposed changes will be accepted until December 3.

Read more on this from Woodworking Network at https://www.woodworkingnetwork.com/news/woodworking-industry-news/epa-updates-clarifies-formaldehyde-emission-standards-composite-wood?ss=news,news,woodworking_industry_news,news,almanac_market_data,news,canadian_news.