We reported that the press had been rebuilt and the mill was ready to be put back into production within nine months.
Forex makes the first board at new OSB mill | EUWID Wood Products and Panels
As it happened, the gestation period was slightly shorter and Norbord resumed production at Huguley in October. The mill has a capacity of ,m3. Norbord is also preparing to restart OSB manufacturing at its facility in Chambord, Quebec, which has been idle since late , although no date has been set.
President and CEO Peter Wijnbergen said preliminary engineering work at Chambord was progressing and Norbord expected to begin investing in certain long lead-time items to prepare it for an eventual restart.
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The mill opened in but production was halted during the housing market downturn in The Spring City plant has undergone upgrades in preparation for manufacturing speciality products, including AdvanTech sub-flooring and ZIP System sheathing. The mill was the first in North America, and the second in the world, to use a continuous press and, according to Huber, remains one of only five continuous presses in North America dedicated to OSB production.
While the company said it preferred not to divulge production capacity, WBPI reported last year that designed output would be more than ,m3 per year. The mill was closed in Q1 when North American housing starts fell to a generational low. The plant, which has an annual capacity of ,m3, was due to resume production in the first quarter of this year.
Momentum builds in North America
President and CEO Brad Thorlakson said the improving housing starts in North America, and the Alberta government granting a five-year extension to the existing Tolko High Prairie forest management area, were key in the decision to restart the mill. In preparation for reopening the facility, Tolko upgraded the line with two pocket batch feeders from Kadant.
The Dieffenbacher multi-opening press, which has an annual capacity of ,m3, produced the first boards late last year. Weyerhaeuser has also been investing in upgrading its OSB production.
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A new multi-daylight press for its mill in Grayling, Michigan, was scheduled for installation in the first quarter. The 8x24ft opening press from Siempelkamp will replace a similar press from the s. It will be integrated into the existing production line at Grayling and is expected to start up in the summer.
It will produce OSB in thicknesses ranging from 6. Siempelkamp has been contracted to supply the multi-daylight press with the necessary loader and unloader unit, and automation, drive and control technology, including Dahmos software. The press and its components, as well as the complete hydraulic and electrical systems, have been designed and built in Krefeld, Germany. The stronger demand in North America has had a positive impact on prices.
We remain focused on growing our speciality products business and are committed to producing value-added products and solutions that deliver distinct value for our customers, as well as our shareholders.
It is expecting a strong performance in and it, too, is pinning its expectations on the positive forecasts for housing starts in the US. Norbord expects supply and demand to remain finely balanced as the new and restarted mills will take time to reach full strength. Norbord has made big investments in OSB in the past few years, with its new line in Inverness, Scotland starting up last year see p27 and the engineering work at Chambord, Quebec.
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In March, Norbord announced it was suspending production at its Mile House mill in British Columbia for around a month from May 14 because of a shortage of wood. The wildfires last summer which forced the mill to close for about five days damaged logging areas near the mill and, combined with severe weather this winter, have affected supply. In November it had stated that the recent additional production capacity would be able to satisfy the rising demand; in March it anticipated that more industry capacity was needed to meet the rising demand. Weyerhaeuser also stated it expected pricing and operating rates to remain favourable.
While the decisions to increase capacity, and production, are predicated on the forecasts for growth in housing starts, these scenarios could easily be dented by political moves and the end to the long period of low interest rates in the US. You can trade metals, indices. However, after reading this article, several traders would come to know that both forex and binary trading are two different concepts.
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