Tolko Signs New Deal With China
By 250 News
Sunday, May 16, 2010 07:14 PM
SHANGHAI - Tolko Industries Ltd. has signed another major purchase
agreement with China National Building Materials as the market for B.C.
forest products continues to grow at a steady rate in 2010, Premier
Gordon Campbell announced today.
"I congratulate Tolko Industries Ltd. on this agreement, which is yet
another example of how the trade relationship between the B.C. forest
industry and China just keeps getting stronger and stronger," said
Premier Campbell.
China National Building Materials is the country's number one lumber
distributor to China's construction industries. They now have two
separate agreements with Tolko that combined are equivalent to two full
mills' production and will support 400 mill and woodland jobs.
Tolko signed its first major supply agreement with China National
Building Materials in November 2009 as part of the largest-ever forest
industry trade mission to China led by Forests and Range Minister Pat
Bell. The volume for this agreement is mostly to be supplied by Tolko's
Quesnel operation. This latest agreement will be filled by other Tolko
operations.
"The co-operation between the B.C. forest industry and governments to
promote wood use in China are key to the success we're seeing today,"
said Tolko president and CEO Brad Thorlakson. "We look forward to a
long relationship with China National Building Materials."
These agreements are for spruce-pine-fir lumber in a full range of
grades and dimensions. China National Building Materials will
distribute the lumber throughout China for a range of end-uses
including concrete forms, remanufactured products for the apartment
decorating and furniture markets, structural framing, and re-roofing
projects.
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Posted by: Eagleone on May 16 2010 10:57 PM