The USITC voted 5–0 that high-purity dissolving pulp from Brazil and Norway does not injure the US industry, ending the RYAM/USW-backed case; Commerce will not issue the duties it finalized in October (15.77% combined on Brazil incl. Bracell, 6.51% AD on Borregaard), and the public report is due Dec. 21 (USITC, Lesprom)
Sappi's FY2026 (to Sept.) net loss widened to ~US$747M from US$177M on US$5.28B sales (–3%), with adjusted EBITDA down 41% to US$294M; special items of ~US$405M incl. ~US$319M impairments plus a ~US$269M plantation fair-value loss, net debt rose to ~US$2.05B, Durban port congestion cost ~38,000 t of DP shipments, and Q1 FY27 EBITDA is guided below Q4's US$99M with ~US$41M of maintenance (Rio Times)
Sylvamo is selling its European business — the Saillat (France) and Nymölla (Sweden) UFS mills plus forestry operations — to Midas Atlantic Partners/Najafi under a put-option agreement, booking a US$342M impairment and a US$284M discontinued-ops loss; continuing ops posted Q3 net sales of US$645M, adjusted EBITDA of US$128M (20%) and net income of US$85M (US$2.13/sh), Eastover's 60,000-ton PM optimization is on schedule and a ~200,000-ton sheeter starts early Q3 2027 (SEC/Sylvamo, Investing.com)
Arauco swung to a nine-month net profit of US$99M (vs a US$10M loss) on sales of US$4.68B, though adjusted EBITDA slipped to US$985M from US$1.01B; assets grew 6.9% to US$22.8B on the Sucuriú pulp project in Brazil (Lesprom)
Cepi published updated EUDR guidance for the pulp and paper industry, replacing its June 2025 guide and reflecting the Dec. 2025 amendment, the May 2026 simplification package and 2026 secondary legislation, ahead of the Dec. 30, 2026 application date (PULPAPERnews)
Forestry & Timber
The European Commission opened an expiry review of the 14.4–15.8% anti-dumping duties on Russian birch plywood (in force since 2021, extended in 2024 to Turkey/Kazakhstan transshipments) at the Woodstock Consortium's request; duties stay in place during the review of up to 15 months (Lesprom)
Western Forest Products posted Q3 adjusted EBITDA of C$1.9M (vs –C$65.9M) and narrowed its net loss to C$5.2M as lumber prices rose to C$1,245/Mfbm; production was 127 MMfbm and shipments 136 MMfbm, with prices expected to improve in Q4 (Lesprom)
Update: Madison's lumber price index slipped another 2% to US$449/mfbm for the week ending Nov. 6 — down US$50 (10%) in a month (Madison's)
Wallowa-Whitman National Forest proposes 755 acres of salvage logging plus 6,942 acres of planting and 34 miles of road work across ~7,400 acres burned by the 2026 Anthony, Olive Butte and McCully fires (comments due Nov. 12); separately it sold ~2 MMBF of firebreak timber from the McCully Fire to Rude Logging for ~US$57,000 (~US$4.75–5.01/ton) (Baker City Herald, Baker City Herald)
US wood-products manufacturing employment fell to 393,900 in October (–400 m/m, –1.5% y/y) while construction payrolls held at 8.37M (Lesprom)
Boise Cascade will buy Taiga Building Products' Rocklin and Sanger, Calif. distribution facilities, closing by mid-November; terms undisclosed (Lesprom)
Update: New Zealand's election ended with no clear winner — National/ACT/NZ First held a bare 66-of-131 majority on partial counts with Labour narrowly leading the party vote; ~172,000 special votes are outstanding and final results are due Nov. 27, leaving National's timber-first and carbon-forestry pledges in limbo (1News, NZ Herald)
Wood Pellets & Biomass
Robinson Carbon (Robinson Lumber) will build a US$16.3M biochar plant at England Airpark, Rapides Parish, La., converting ~100,000 t/yr of southern yellow pine residuals into 16,500 t of biochar and ~40,000 Puro carbon-removal certificates a year; 42 jobs, construction this month, production Q2 2027, backed by a US$550,000 state grant (Lesprom)
Industry Technology Vendors
Trimble — Update: shares fell ~19% to ~US$53 after the Q3 report as full-year organic ARR growth was cut to ~10% from 12–14%; Field Systems (incl. forestry/ag) grew ARR 5% and revenue 7% to US$436M but margin fell 390 bp to 29.5% on a slowing ag positioning-services market, with the CFO saying that headwind "has gotten worse" (Investing.com, Motley Fool)
