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

C&D Lumber Announces Closure

Officials with C&D Lumber in Riddle, Ore. recently announced the closure of the mill as of May 2, becoming the fourth sawmill in western Oregon to announce a closure since the start of the year.…

Southern Cypress Manufacturers Assn. Elects 2024 Officers

Members of the Southern Cypress Manufacturers Assn. (SCMA) elected officers for 2024 at the association’s Annual Meeting on March 25, in Charleston, South Carolina. Truss Beasley of Beasley Forest Products (BFP) in Hazlehurst, Ga., was…

Roseburg Names Tony Ramm Senior VP Of Manufacturing

Roseburg is pleased to announce that Tony Ramm has accepted the role of Senior Vice President of Manufacturing, effective April 8, 2024. Ramm will drive an increased emphasis on the sustainable, long-term success of the…

Georgia Ports Continues Container Expansion

Georgia Ports Continues Container Expansion Georgia Ports Authority approved contracts totaling $65.6 million for container yard work at the Port of Savannah’s Ocean Terminal, a 200-acre facility just downriver from GPA’s main container port. The…

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 Now
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.

Complete the form
Advertise

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

Contact Us