Norbord cuts OSB production in North America by 25%

CANADA – Norbord Inc., a leading global manufacturer of wood-based panels and the world’s largest producer of oriented strand board (OSB) announced that effective March 30, it will commence reducing production across its portfolio of North American oriented strand board (OSB) mills in response to the demand impact of the COVID-19 pandemic.

Proteak publishes 2019 results

MEXICO – Proteak, the largest forestry company in Mexico reported that sales of its MDF and Teak businesses reached MXN 284MM in the fourth quarter of 2019 (4Q19), excluding other income and revaluation of plantations, this result is 9% lower against 4Q18.

2019: a challenging year for Arauco

CHILE – Arauco, one of the largest forestry companies in the world, reported revenues of USD 1,202.3 million in the fourth quarter, a decrease of 13.3 percent when compared to the third quarter, and a 12.9 percent decrease compared to the same period in 2018.

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