Header: Header: Header:

Canfor Announces Non-Cash Asset Write Down, Impairment Charge

Canfor Corp. has announced that it will record a non-cash asset write down and impairment charge totaling approximately $321 million in its fourth quarter of 2025 results. Of this amount, $215 million relates to the company’s lumber segment and $106 million relates to its pulp and paper segment.

In the lumber segment, the impairment is associated with the company’s European operations and reflects ongoing log supply pressures in the region, which have resulted in significant increases in log costs and reduced asset carrying values.

In the pulp segment, the impairment reflects sustained declines in global US-dollar pulp list prices as well as continued challenges in securing economically viable fibre necessary to support operations.

This impairment charge is non-cash in nature and does not affect Canfor’s liquidity position, cash flows or day-to-day operations.

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381461985-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381402298-0'); });

Latest News

Interfor To Acquire Arkansas Sawmill From The Price Companies

Interfor Corporation recently announced that it has reached an agreement with The Price Companies, Inc. to acquire Price’s sawmill in Monticello, Arkansas. The Monticello Sawmill is located in Southern Arkansas, approximately 90 miles southeast of…

Study: Wooden Buildings Are Cheaper And Cleaner

Although it may seem counter-intuitive, it would be better if we built buildings from wood than from concrete, brick, aluminum and steel. We use millions of tons of these modern materials every year. They have…

U.S. Exports Of Logs And Lumber Continue Slide

U.S. exports of logs and lumber via ocean container declined year-over-year in January for the fourth consecutive month, partly because of declining demand from China and unfavorable exchange rates. After growing 9 percent in 2014,…

Find Us On Social

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381237439-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380448760-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380578329-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380709898-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380656716-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380767732-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380810300-0'); });
Newsletter

The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.

 

Subscribe/Renew

Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.

Advertise

Complete the online form so we can direct you to the appropriate Sales Representative.