by Web Editor | Nov 2, 2016 | News
Louisiana-Pacific Corporation (LP) recently announced that it has reached an agreement with Norbord Inc. to exchange OSB mills in Quebec, Canada. LP will swap ownership of its Chambord, Quebec, mill for Norbord’s Val-d’Or, Quebec, mill. The asset exchange is expected to be complete in early November 2016.
This transaction, along with the recent acquisition of a former OSB site in Cook, Minnesota, is part of LP’s strategy to increase siding capacity, an area of the business that has delivered consistent sales growth over the past decade.
“The Canadian mill exchange, coupled with the recent Minnesota acquisition, provides us flexibility and increases our ability to optimize our capacity for sustained business growth,” LP Chief Executive Officer Curt Stevens said.
“We have seen tremendous growth in our siding business and anticipate this growth to continue as we look to meet increasing demand,” he said. “The aim of these transactions is to provide additional siding capacity by the end of 2018.”
LP’s immediate priority will be to conduct a detailed evaluation of the Cook site and Val-d’Or mill. The assessment will determine the operational feasibility, including access to timely and adequate wood supply, the work required to convert the sites into fully operational siding mills, as well as conversion costs and annual operating expenses.
From LP Corp.: https://investors.lpcorp.com/phoenix.zhtml?c=73030&p=irol-newsArticle&ID=2217033
by Web Editor | Jan 20, 2016 | News
Norbord Inc. recently announced that the Quebec Minister of Forests, Wildlife and Parks has terminated the wood license associated with its curtailed Val-d’Or, Quebec OSB mill. Production at the Val-d’Or mill was indefinitely suspended in 2012 following persistently weak North American housing market conditions and lower demand for OSB. This development is not expected to have any impact on the company’s financial results.
“This is disappointing news, but in the bigger picture, we firmly believe that our Val-d’Or mill is the best alternative for the aspen pulpwood in that region,” said Peter Wijnbergen, Norbord’s President and CEO. “Unfortunately, market conditions do not yet justify a restart at Val-d’Or, but we are exploring options for the mill and are committed to a restart once market conditions are supportive. The Ministry has confirmed we can reapply for a wood license when we are ready to restart the mill.”
Norbord is the world’s largest OSB producer and continues to operate in the Abitibi region at its La Sarre, Quebec OSB mill. Since 2012, the company has invested and committed capital in excess of US$35 million to optimize that mill’s capacity and ensure its long-term competitiveness.
From Canadian Newswire: https://www.newswire.ca/news-releases/norbord-provides-update-on-val-dor-quebec-osb-mill-565685951.html
by Web Editor | Jul 27, 2015 | News
Uniboard is proud to announce an investment of over $7 million at its 91-employee Mont-Laurier MDF plant. Uniboard says the investment will increase the productivity of the plant through what it says is the use of a revolutionary new wood fiber mat-preheating technology.
This process innovation is a first for North America and will allow Uniboard to better service our customer base in Canada and the United States. The Mont-Laurier MDF/HDF plant produces Excel+, Excel, and NU Green/PMDI-NAF and HDF panel products. Uniboard’s overall network of particleboard, MDF and thermally fused laminate facilities are at locations in Sayabec, Val-d’Or, Laval and Mont-Laurier, Quebec.
Overall Uniboard has an installed capacity of over 640 million square feet of raw particleboard, high-density and medium-density fiberboard, of which over 50% is converted into value-added thermally fused laminate and laminate flooring products. Uniboard’s mills in Val-d’Or, Sayabec, Mont-Laurier and Laval employ over 800 people. Its products are sold to retailers, distributors and finished goods manufacturers, which cater to the kitchen cabinet, furniture, office, home renovation and construction industries, as well as to the floor covering industry.
Since its original start-up as Panfibre in 1987, Mont-Laurier’s capacity has been expanded in multiple steps. In 2012, Uniboard was acquired by the owners of Kaycan Ltd., a leading manufacturer of building products in North America, with its head office located in Montreal, Quebec. Kaycan Ltd. and its group of companies offers a full range of products for both the exterior and interior of the home, including vinyl, aluminum and engineered wood siding products, PVC windows & patio doors, particleboard, MDF, thermally fused laminate and laminate flooring.
From Woodworking Network: https://www.woodworkingnetwork.com/wood/panel-supply/uniboard-invests-7-million-innovative-mdf-production?ss=news,news,woodworking_industry_news,news,almanac_market_data,news
by Web Editor | Jul 20, 2015 | News
Uniboard is proud to announce an investment of over $29 million at its Sayabec plant. Two major investments being announced today at Sayabec are an innovative wood fiber mat-preheating unit to expand capacity in particleboard line 2, as well as a new short-cycle thermally fused laminate press adding capacity for high-end surface structures and finishes.
Both investments will allow Uniboard to increase productivity and improve its product offering and service to our customer base in Canada and the United States. The announced investments will be implemented in early 2016. The particleboard investment will continue to position the Uniboard Sayabec facility as one of North America’s preferred particleboard producers while the thermally fused laminate investment further confirms Uniboard’s leadership and innovation position in the North American laminate arena. Both investments will strengthen Uniboard’s overall network of particleboard, MDF and thermally fused laminate facilities that are located in Sayabec, Val-d’Or, Mont-Laurier and Laval, Quebec. Uniboard employs a skilled workforce of 380 at its Sayabec site and over 800 people within the entire corporation.
Since its original start-up as Panval in 1982, Uniboard’s Sayabec plant has seen a series of investment and expansion steps leading to today’s highly integrated mega site with 2 particleboard lines and 4 high speed short-cycle thermally fused laminate (TFL) presses. In 2012, Uniboard further solidified its position in the industry when it was acquired by the owners of Kaycan Ltd., a leading manufacturer of building products in North America, with its head office located in Montreal, Quebec. The Kaycan group of companies offers a full range of products for both the exterior and interior of the home, including vinyl, aluminium and engineered wood siding products, PVC windows and patio doors, particleboard, MDF, thermally fused laminate and laminate flooring.
From PR Newswire: https://www.prnewswire.com/news-releases/uniboard-to-invest-into-particleboard-capacity-expansion-and-a-new-thermally-fused-laminate-tfl-line-at-its-sayabec-plant-515009931.html
by Web Editor | Mar 2, 2015 | News
Composite panel consumption is projected to grow in North America through 2016, buoyed in part by the strengthening of the U.S. housing market and positive indicators of improvement in the furniture and related industries. Figures from Resource Information Systems, Inc. (RISI) project particleboard consumption to rise 10 percent in 2015, to 3.29 billion square feet, and grow 11 percent in 2016, to 3.64 billion square feet. Similarly, MDF is projected to hit 2.97 billion square feet in 2015, a rise of 9 percent, and jump to 3.28 billion square feet in 2016, up 10 percent.
Panel producers are gearing up, with already two companies announcing multi-million plant investments this year.
Uniboard announced Feb. 5 that it will invest more than $53 million at its Val-d’Or particleboard and thermally fused laminate (TFL) facility as part of its plan to increase productivity and upgrade key production areas. The company produces particleboard, MDF and TFL from mills in Val-d’Or, Sayabec, Mont-Laurier and Laval, Canada.
Uniboard President and CEO James N. Hogg said the project will enable the company to enhance its engineered wood and value-added product offerings. “Over recent years, Uniboard has invested heavily into product development, launching new color collections including North America’s first registered embossed thermofused laminate panels as well as expanding our successful NU Green range of low and no-formaldehyde products,” he added.
This followed the Jan. 26 news from Arauco that it will invest $30 million to grow the particleboard and TFL capacity at its mill in Bennettsville, SC. The new technology is expected to be in place by the fourth quarter. Arauco said increased dryer capacity will help it to improve its particleboard production by 60 million ft2, on a 3/4-inch basis annually. Arauco also will add a high-tech fast-cycle press for TFL production.
From Woodworking Network: https://www.woodworkingnetwork.com/wood/panel-supply/Composite-Panel-Market-Grows-Consumption-to-Hit-10-in-2015-294396371.html#sthash.7iZYxiAW.dpbs
