News archive

Canfor Announces Renewal of Normal Course Issuer Bid

04-03-2019
Canfor

Canfor Corporation (“Canfor” or the “Company”) (CFP) announced today that it has received regulatory approval to renew a normal course issuer bid first launched in March, 2013. Under the new bid, the Company may purchase for cancellation up to 6,260,970 common shares of the Company (the “Shares”) or …

Manitoba signs forestry development agreement with First Nations group

04-03-2019
forestry, Canada

The province of Manitoba, Canada, has signed a two-year forestry management option license with four First Nations on the east side of Lake Winnipeg to investigate the possibility of Indigenous-led forest development The agreement involves Black River First Nation, Brokenhead Ojibway Nation, Hollow Water First Nation and Sagkeeng First …

Australia’s South West selected for pilot forestry hub

04-03-2019
forestry, Australia

The South West was selected as one of four pilot Regional Forestry Hubs being rolled out across Australia with $12.5 million (SGD 12 million) of funding announced by Prime Minister Scott Morrison last week. Forrest MP Nola Marino welcomed the announcement and said the South West’s Regional Forestry Hub had been welcomed by the industry as …

Canfor closes VIDA Group of Sweden Acquisition

02-03-2019
Canfor, VIDA

Canfor Corporation (TSX:CFP), further to the Company’s news release dated November 15, 2018, announces that it has completed the purchase of 70 per cent of the Vida Group (“VIDA") of Sweden for a purchase price of 3,990 million Swedish Krona (approximately CAD$580 million). “We are excited to welcome the VIDA team to Canfor and …

Bergs Timber to cease lumber production at Broakalla mill in Sweden

01-03-2019
Bergs Timber, Broakalla

Bergs Timber is to cease lumber production at Broakalla mill in Sweden. Broakulla has an annual production of about 50,000 cubic metres of sawn goods and the Group's facilities in Gransjö and Mörlunda will, after the closure, increase production with the corresponding volume. The sawmilling in Broakulla will provisionally cease before …

CPSC calls for compliance on bedroom furniture tipover hazard

01-03-2019
product safety, furniture

In a letter addressed to manufacturers, importers, distributors and retailers of residential bedroom furniture, the U.S. Consumer Product Safety Commission announced that products failing to comply with the industry’s voluntary stability standard, ASTM F2057-17, will be regarded as a “substantial product hazard.” Under Section …

Schattdecor Group acquires Vasatech Sdn Bhd

28-02-2019
Schattdecor Group, Vasatech, panels

The Schattdecor Group has announced that it has finalised the purchase of Vasatech Sdn Bhd, an impregnation company with two production lines. Schattdecor has purchased 100 per cent of the shares of Vasatech Sdn Bhd from Vasa Group and has completed ownership of the company. Founded in 1996, Vasatech specialises in the production of melamine …

How to choose the right underlay for a laminate floor

28-02-2019
EPLF

Following the publication of European standard EN 16354, the EPLF has updated its technical bulletin “Underlay Materials under Laminate Floor Coverings – Test Standards and Performance Indicators”. This document gives information and advice on choosing the right underlay for laminate flooring used in a variety of applications. …