Catalyst Paper Announces Price Increase for July 1, 2018

Canfor announced it has reached multi-year $30-million agreements with Peak Renewables involving the sale of the Company’s forest tenure in the Fort Nelson region of British Columbia. The transactions are subject to customary closing conditions, including approval from the BC Minister of Forests. Closing is expected to occur in the first quarter of 2021. The agreements follow Peak Renewables’ purchase of Canfor’s Fort Nelson mill assets in the third quarter of 2020. “I am pleased to have reached an agreement to sell our Fort Nelson tenure to Peak Renewables, a company that is committed to developing a long term plan to rejuvenate the forest industry in the region,” said Don Kayne, President and CEO, Canfor.

Stora Enso invests in ACDF Industrie SAS and becomes a 35% shareholder of the French wood processing company. The investment is in line with Stora Enso’s growth strategy for mass timber building elements, enabling value-added, bespoke CLT (cross-laminated timber) solutions to its long-term French partners. ACDF Industrie SAS works with all engineered wood products like CLT, Glulam and LVL (laminated veneer lumber) and manufactures them into various value-added products such as walls, floors or roof elements for residential and non-residential buildings, mainly for the French market. ​

Paradigm Hyperloop is a team of students from Memorial University of Newfoundland, College of the North Atlantic, and Northeastern University of Boston that has been planning, designing, and developing a hyperloop pod, which is a conceptual fifth mode of transportation that involves levitating train-like vehicles that travel through low pressure vacuum tubes. The team has been at the project for two years! J.D. Irving, Limited (JDI) is proud to sponsor the innovative work that the Paradigm Hyperloop team is doing.