Forestry & Timberland

Animal Farming/ Meat Production

Iowa agriculture officials announce two more bird flu outbreaks in commercial flocks that will require the killing of more than 1.5 million hens and turkeys
Associated Press (03/29)

Greenhouse/Urban/Vertical Farming

Gotham Greens announces plans to double the size of its greenhouse capacity from 600,000 square feet to over 1.2 million square feet in 2022; development currently underway for new greenhouse facilities in Texas, Georgia and Colorado
Fresh Plaza (03/29)

Oriented Strand Board (OSB)

Siempelkamp led 15 plants to acceptance in 2021, with 14 projects in the wood-based panel industry, another in the composites industry; projects in Asia mostly served MDF production, while others were dedicated to particleboard or OSB production
Siempelkamp Maschinen- und Anlagenbau (03/29)

MDF, Particleboard & Non-Structural Panels

Catalyst Acoustics Group's Sound Seal introduces Timber-Stix acoustical panels, comprised of wood-veneered facing and black PET felt backing made of recycled plastic; Timber-Stix panels can be applied to ceilings or walls, are available in four colors
PRWeb (03/29)

Engineered Wood Products (EWP)

SKS Partners wins WoodWorks' 2022 US Wood Design Award for Commercial Wood Design for its 1 De Haro project in San Francisco, California; the four-story, 134,000-sq.-ft. structure is the first CLT building in San Francisco
EIN Presswire (03/29)

Lumber

Forest2Market: With price risk inherent in wood markets, supply agreements help mitigate risk; effective agreements could define percentage of each product that buyers need for manufacturing, include clauses for addressing rapid or prolonged price changes
Forest2Market Inc. (03/29)

CIBC Chopping Block (March 25): Lumber prices fall on DIY concerns and improving logistics, with Western SPF down 3.6% week-over-week to US$1,350/mbf; SYP 2x4 down 10.8% to US$1,243/mbf, as plentiful supply increased downside pricing concerns among buyers
CIBC World Markets Inc. (03/29)

Paper Pulp

Two Sides: Paper/packaging sector feeling impact of Ukraine crisis, as companies like Stora Enso and Elopak suspend operations in Ukraine, oil prices and distribution costs rise, 'conflict timber' from Russia will affect available certified FSC/PEFC pulp
Two Sides Ltd. (03/29)

Global bioproducts manufacturer Suzano invests R$390.2M to open new berth, warehouse at Porto do Itaqui in Maranhao, Brazil, to increase capacity in pulp flow; port president says berth to expand port's handling capacity by 4.5 million tons of cargo/year
Brazil Business News (03/29)

Recovered Paper

Rebuild of PM3 at Cartiere Saci's recovered paper mill in Verona, Italy, is completed; technology supplied by Sael reduces energy use, prevents dust contamination, and includes Europe's first liquid cooling drive for paper production
Sael srl (03/29)

Publication/Fine Paper

Paper prices in India soar on rising input costs and demand, Ukraine war and Covid restrictions worldwide; paper categories affected include writing and printing/Maplitho paper, coated, kraft, board and newsprint
The Hitavada (03/29)

Arctic Paper orders Valmet Fiber Furnish Analyzer for its offset paper mill in Kostrzyn, Poland, for delivery in Q2; technology will improve paper quality, production efficiency by providing fast, precise online updates of key fiber and furnish properties
Valmet Corp. (03/29)

Real Estate

US home prices rise 1.1% in January over December, up 19.2% year-over-year; annual gain is higher than the 18.9% increase in the previous month: S&P CoreLogic Case-Shiller Index
Standard & Poor's Financial Services LLC (S&P) (03/29)

Trucking/Van Delivery

Freight broker software Parade to integrate its capacity management solution with 3PL Systems' BrokerWare TMS software to help digitize operations; move to boost carrier re-utilization for similar loads to book more loads faster and at lower costs
GlobeNewswire (03/29)

Old Dominion adds capacity with seven new or expanded sites in service center network, which brings LTL carrier’s service center count to 253 sites in US; sites include Alliance, Texas; Clear Lake, Iowa; Byhalia, Mississippi and Marysville, Washington
Business Wire (03/29)

Ocean Cargo/Shipping

Potential labor strike over new union contract negotiations could exacerbate supply shortages and raise prices on consumer goods, according to the New York Times; nearly three-fourths of the union's workers work at the ports of Long Beach and Los Angeles
Becker's Hospital Review (03/29)

MSC to launch new weekly direct service from the Port of Gothenburg in Sweden to New York; first call expected to depart on March 31 and is scheduled to reach New York within 11 days
M-Brain Nordic News (03/29)

Logistics, Shipping & Delivery

Ontario, British Columbia and Quebec courts approve distribution of settlements totaling C$16M from British Airways, Air Canada over an alleged global conspiracy to fix airfreight shipping prices; settlements totaling C$29.6M were previously distributed
Canada Newswire (03/29)

US House committee to investigate if Oshkosh Corp. chose South Carolina site for new USPS truck production to avoid using union labor in Oshkosh, Wisconsin; company says choice was based on manufacturing capabilities, workforce readiness and logistics
Milwaukee Journal Sentinel (03/29)

Biofuels

British Airways is world's first airline to use sustainable aviation fuel produced on commercial scale in UK, advancing its 2050 net zero emissions goal; SAF supplier Phillips 66 refines almost half a million liters/day of sustainable waste feedstocks
ENP Newswire  (03/29)

Biotechnology

Global nanocellulose market forecast to reach US$849.4M in value by 2025, from estimated US$189.3M in 2022; US market is largest, accounting for 35.8% share, though China is expected to lead growth, emerge as fastest growing regional market: report
PR Newswire (03/29)

Latest: Mar, 29 2022