Wood Based Panels International
E-mail Updates
RSS


>
*Duratex to acquire 25% stake in Tablemac *LP sales of wood products up 9% *Sonae reduces loss in first quarter *India to promote responsible forest management *Wood products industry leaders take to Capitol Hill *Formaldehyde-free panel products *FMC China 2012 to run with FMC Premium *Ainsworth reports higher OSB volumes and prices *Ligna 2013 to focus on skilled worker shortage *Latin American panel producer explores modified wood panels *Premier buys Ireland-based Brooks Group *Thermopal sets strict standards in formaldehyde emissions *ORIS OSB project chooses Carmanah *GKD expands global presence by opening subsidiary in India *Xylexpo below par proves a disappointment *New Moralt business emerges with Anglo-German support *Norbord's North American operations overtake European divisions *Parquet markets present polarised picture *Weyerhaeuser reduces wood product division losses *Second OSB plant for Dieffenbacher in China *Latvijas Finieris celebrates 20th anniversary *Istanbul woodfibre conference with field trips *UKFPA appoints Hazel Newman *Indian plywood conference and a Golden Jubilee *Siempelkamp comes to the rescue of Pallmann *Berneck starts board production on second MDF plant at Curitibanos *Dieffenbacher to design new pellet plant *Masisa to acquire resin production assets from Arclin *Pöyry to publish investor report on Asia Pacific panel and surfacing industry *US demand for siding to exceed 960 million m2 in 2016 *Teknos first to offer 12 year coating warranty for Medite Tricoya *Wood pellets exports from US and Canada to Europe reach record high *Norbord goes live with new UK website *GP and Sherwood Lumber enter engineered wood products distribution agreement *Schelling’s interaction of saws and storage raises productivity and lowers costs *New marketing manager for Coillte Panel Products *Weyerhaeuser engineered wood business grows *Wood fibre flooring and panels suspended *Canada Wood gets behind Wood Awards *Masisa invests US$40m at sites in south east of Brazil *Arauco to raise low pressure panel laminating capacity in Brazil by 50% *Pfleiderer profits grow as parent company files for insolvency *Masisa plant closures and re-modernisation *Homag sales rise but group still records net loss *Arauco and Unilin link up in flooring deal in Brazil *Entrepreneurs spearhead project to build MDF plant *Hans Theodor Pfleiderer relinquishes posiktion on superviksory board *Egger invests in new continuous laminate press *Speciality oil lfor continous fibreboard presses *Interprint wins prestigious award *Mathias Fischer becomes sales director of GreCon *OSB campaign is JOSB well done, says Norbord *First melamine embossing line *Reeta Kaukiainen joins Metsä Group *Joint development between BASF and Finsa *BASF increases its prices for resins and dispersions *Chris Sutton to chairman TTF NPPD *Metso orders pour in for fibreboard industry *Everything you need to know about SEWP *Arauco halts MDP production in Curitiba *Third Coe dryer for Martco plywood plant at Chopin *Successful 2011 for Dieffenbacher Group *Dates for GreCon seminars *Floraplac to install new thin fibreboard production line *Italian woodworking machinery has positive 2011 *AWC statement on Obama’s biobased product procurement memorandum *Potlatch names Eic J Cremers as executive vice president and cfo *TTF engineered wood products division has first meeting *German ZOW attracts 17,500 visitors *Kronospan spends £5.5m on UK embossing first *It’s another “tough year” for LP *Latvian plywood mill hit by fire *Biggest orders yet for Raute from Chile *Weyerhaeuser predicts better wood products performance *Metsäliitto predicts challenging wood products outlook *Canfor ceo writes new blog *Surface Design Show to feature awards scheme *FSC terminates Asia Plywood licence *Steico launches loft panel product *Sonae plant gets hit by fire again *MSc Timber Engineering course at Edinburgh Napier Univeristy *Second Wood Markets conference to be held in Vancouver *Sandvik focus on short-cycle press plates and endless belts for CPL *Pavatex gives Siempelkamp order for wood-fibre insulation board plant *Berneck postpones second continuous press MDF line *Tablemac plans to launch first MDF line at Barbosa *NFP Europe appointed agent for Tecsol
LP's ceo expects 2009 to be endurance contest
Published:  25 March, 2009

This year will be an endurance contest, but companies that adapt and survive will prosper as the economy rebounds, according to Rick Frost, Louisiana-Pacific’s Corporation's ceo.
Mr Frost made the comments during a March 2 conference call to discuss the Nashville, Tennessee-based company's fourth quarter and full-year 2008 results.
He said expectations for total US housing starts in 2009 had been adjusted down to 600,000, around one-third of the underlying demand. This will be the lowest demand most people have ever seen, and Mr Frost said business would have to adapt to a lower level of demand, or it would fail.
LP reported an overall fourth quarter net loss of US$339.4m, compared with a net loss of US$49.1m in the same quarter of 2007, with OSB sales down 42% from $186m in Q4, 2007, to US$109m.

Printer friendly version
Email this article to a friend


Calendar

©2012 World Market Intelligence. Terms & Conditions Sitemap