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Western Forest Products Inc T.WEF

Alternate Symbol(s):  WFSTF

Western Forest Products Inc. is a Canada-based integrated forest products company building a margin-focused log and lumber business to compete in global softwood markets. The Company’s primary business is the sale of lumber and logs, which includes timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing, and wholesaling purchased lumber. It has a lumber capacity of approximately 885 million board feet from six sawmills, as well as operates four remanufacturing facilities and two glulam manufacturing facilities. The Company's product categories include outdoor living, exterior appearance, LIFESTYLE CEDAR, interior living, structural, industrial and WFP engineered products. Its outdoor living products include decking, timbers and fencing products. Its LIFESTYLE CEDAR products include LIFESTYLE CEDAR Decking and LIFESTYLE CEDAR Fencing. Its WFP Engineered Products include curved and arched glulams, straight glulams, and fabricated trusses.


TSX:WEF - Post by User

Bullboard Posts
Post by kijijion Jun 07, 2019 12:15pm
79 Views
Post# 29806298

Sri Lanka to ban chainsaws, timber mills.

Sri Lanka to ban chainsaws, timber mills.
Sri Lanka will ban imports of chainsaws and shut timber mills within five years to protect forests, President Maithripala Sirisena’s office said Friday.
 
Sirisena highlighted his determination to clamp down on illegal logging and increase the amount of territory devoted to forests at an environmental conference.
 
“I have instructed officials to ban the import of chainsaw machines and blades from next week,” Sirisena told the conference on Thursday, his office said.
 
Four months ago, Sirisena compelled all users to register chainsaws with police and 82,000 units were recorded within three weeks.
 
The president, who is also environment minister, did not say if he will totally ban machines already in use, but that carpenters and loggers will have five years to shut timber mills and find alternate employment.
 
He said there has been rapid deforestation in recent years, but gave no figures. Sirisena said however the new measures were aimed at raising the country’s forest cover to 32 percent of its land within a decade from 28 percent now.
Bullboard Posts