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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China’s SGS Certifies Composite Wood Products For U.S. Market

SGS has announced that it has become the first third-party certifier (TPC) to be accredited by the Hong Kong Accreditation Service (HKAS). This an award secures its long-term capability for the testing and certification of composite wood products for the U.S. market.

The Hong Kong Accreditation Service is an accreditation body recognized by the U.S. Environmental Protection Agency to provide services under the Formaldehyde Emission Standards for Composite Wood Products Rule.

Achieving additional TPC accreditation requirements secures SGS’s position in the certification of composite wood products for the U.S. market beyond March 22, 2019 and further positions SGS as a global leader in certifying these products and related services.

In the United States, formaldehyde emissions from composite wood products are governed by the Formaldehyde Standards for Composite Wood Products Act, which is administered by the EPA.

Signed into law in July 2010, this legislation was and became the amendment and Title VI of the ‘Toxic Substances Control Act’ (TSCA). It contains requirements for composite wood panel manufacturers, fabricators of finished goods, and importers, distributors and retailers of composite wood panels and finished goods.

Read more on this from Woodworking Network at https://www.woodworkingnetwork.com/news/woodworking-industry-news/sgs-hong-kong-certifies-composite-wood-products-us-market?ss=news,news,woodworking_industry_news,news,almanac_market_data,news,canadian_news.

Freres Lumber Builds For The Future With New Mass Plywood Panels

Freres Lumber Builds For The Future With New Mass Plywood Panels

 

Tyler Freres, vice president of sales for Freres Lumber Co., walked through a new manufacturing plant between Mill City and Lyons, off of Cedar Mill Road, and pointed out a stack of wood panels destined for Oregon State University this week. “I don’t even think we’ve started to tap the products and the projects we can make out of this,” Freres said.

Freres Lumber Co.’s mass plywood panels were certified for use at the end of July, and the product is already being used in buildings and for other construction purposes. And Freres is thinking big. “We have quite a bit of projects in the works, probably 14 to 16 projects quoted,” said Freres, whose ideas led to the creation of the mass plywood panels by his family’s company.

The OSU shipment is the final delivery of the panels to be used in two new buildings that will form the Oregon Forest Science Center on campus, which is estimated to cost $80 million and scheduled to open in the fall of 2019.

The mass plywood panels will be used for the roof of the George W. Peavy Forest Science Center, and for the interior and exterior walls of the nearby A.A. “Red” Emmerson Advanced Wood Products Laboratory.

Both buildings are showcasing innovative wood products made in Oregon, and the mass plywood panels are the latest entry into the market. Freres Lumber was only the third United States producer of mass timber panels to meet the Engineered Wood Association’s standards.

From the Corvallis Gazette-Times: gazettetimes.com.

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Weyco Expects Strong Growth Weyerhaeuser Co. hosted an Investor Day in December and outlined the company's strategic growth plan and financial...

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Newsletter

The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.

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Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.

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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.