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Increased Demand for Softwood Lumber in the US and Asia Will Change the Global Trade Flows of Wood in the Coming Decade
By Michael BentleyMagna to Acquire Veoneer, Positioning Magna’s ADAS Business as a Global Leader in a Fast-Growing Industry
By Hayley ChowdhryCalifornia’s Economy Reawakening Tentatively Signals the Beginning of a New CRE Cycle
By Peter DuncanCLIMATE
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Nevada Guard’s ‘High Rollers’ Extend Wildfire Mission
By Craig RicherU.S. Department of Energy Awards $4.15 Million to Argonne to Support Collaborations With Industry
By Craig Richer
Secretary of Defense Lloyd J. Austin III is due to visit Singapore, Vietnam and the Philippines during his second trip to what he called America's priority theater of operations
Secretary of Defense Lloyd J. Austin III previewed his trip to the Indo-Pacific and discussed the situation in Afghanistan during a Pentagon news conference on July 21.
Austin is due to visit Singapore, Vietnam and the Philippines during his weeklong trip. It is his second trip to what he called America’s “priority theater of operations.”
“I’m especially looking forward to making keynote remarks in Singapore on how are strengthening one of our strategic assets in the region, which is our powerful network of allies and partners in the region,” he said.
Austin will meet with defense and foreign affairs leaders and discuss a range of issues with them. “I’ll be carrying a few key messages and agenda items,” he said. “The first is simply that the United States remains a reliable partner: a friend that shows up when it counts.”
The United States has been intimately involved in the region for more than a century. Since the end of World War II, the United States has been instrumental in maintaining stability and allowing nations the freedom to make their own choices as is their sovereign right, the secretary said. “Today, we have moved urgently to help our partners tackle COVID-19 and to…
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Vaccine Acceptance Higher in Developing Nations Than U.S.
According to new research published July 16 in Nature Medicine, willingness to get a COVID-19 vaccine was considerably higher in developing countries (80% of respondents) than in the United States (65%) and Russia (30%).
The study provides one of the first insights into vaccine acceptance and hesitancy…
COVID-19 Shutdowns Reveal Racial Disparities in Exposure to Air Pollution
A new study of COVID-19 shutdowns in the United States reveals pronounced disparities in air pollution — with disenfranchised, minority neighborhoods still experiencing more exposure to a harmful air pollutant compared to wealthier, white communities. This first-of-a-kind study published today by researchers at the George Washington University looks at…
CULTURE
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Legendary Graffiti Artist Futura Teaches How to Create Characters, Symbols and Abstract Art With a Can of Spray Paint
By D’Arcy SardoneDive Into the Visual Effects of the Biggest Productions of 2020 and Beyond
By Erich RüthersRH
FINANCIAL
Increased Demand for Softwood Lumber in the US and Asia Will Change the Global Trade Flows of Wood in the Coming Decade
Softwood lumber has been in high demand in the US and Europe throughout 2021. The
Magna to Acquire Veoneer, Positioning Magna’s ADAS Business as a Global Leader in a Fast-Growing Industry
Magna International Inc. (TSX: MG;NYSE: MGA) and Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB)
THIS WEEK'S HEADLINES
The Nevada Air National Guard's participation in the wildland firefighting mission in the West has been extended at the request of the National Interagency Fire Center.
The Nevada Air National Guard’s participation in the wildland firefighting mission in the West has been extended to Aug. 26 at the request of the National Interagency Fire Center (NIFC).
Two additional C-130 aircraft and aircrew were added to the mission – one from the Wyoming Air National Guard and the other from the Air Force Reserve in Colorado – for a total of five military C-130 aircraft activated.
“The request for additional support shows just how challenging this fire season is and how critical our MAFFS aircraft, aircrews and maintenance personnel are to supporting NIFC,” said Col. Jeremy Ford, 152nd Airlift Wing commander. “These Airmen are dedicated to fighting these wildfires in order to protect and save lives and property of communities from the local area to multiple regional states.”
The Air Force C-130 aircraft assigned to units in California, Colorado, Nevada and Wyoming are capable of dropping fire retardant using U.S. Forest Service Modular Airborne Fire Fighting (MAFFS) equipped aircraft. Aircrews, maintenance crews and support personnel undergo special NIFC training and certification to perform these missions each year.
The 152nd Airlift Wing has two aircraft assisting and the California Air National Guard has one.
Since activating June 26, the Reno unit amassed 141 sorties, dropping 388,766 gallons totaling over 3.4 million pounds of retardant on fires throughout the West. The California Air National Guard’s planes have flown 64 sorties, dispensing 170,322 gallons or nearly 1.5 million pounds of retardant. Both units have helped fight 11 fires in Northern California.
All MAFFS units are requested by the commander of U.S. Northern Command (USNORTHCOM) to support the NIFC in wildland firefighting operations in the United States. First Air Force (Air Forces…
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Argonne earned eight Technology Commercialization Fund awards, including multiple related to nuclear science and engineering projects
By Craig Richer / Newsroom EditorThe U.S. Department of Energy (DOE) has announced over $30 million in federal funding, matched by over $35 million in private sector funds, for 68 projects that will accelerate the commercialization of promising energy technologies — ranging from clean energy and advanced manufacturing, to building efficiency and next-generation materials.
DOE’s Argonne National Laboratory was awarded $4.15 million in federal funds, cost-shared by industry partners in California, Illinois, Massachusetts, New York, Oregon, Pennsylvania, Texas, Virginia and Wisconsin.
Argonne’s eight projects include: processing materials for energy storage, processes to convert carbon dioxide to chemicals, improved simulation of industrial processes for increased safety and efficiency, and materials processing to produce fast-reactor fuel alloys.
The awards are supported by the Technology Commercialization Fund (TCF), which is managed by DOE’s Office of Technology Transitions.
“President Biden is serious about making sure America corners the clean-energy market — and that means we need to work with our nation’s savviest entrepreneurs to fast-track solutions from DOE’s National Labs into commercial-ready technologies,” said Secretary of Energy Jennifer M. Granholm. “These projects will help us deploy game-changing innovations that position us to win the clean-energy race, while creating jobs and opportunity across every pocket of the country.”
Argonne researchers whose projects received 2021 funding are:
- Nathaniel Hoyt: Application of advanced materials processing to enable direct production of fast reactor fuel alloys ($1,000,000 in partnership with Oklo Inc., Sunnyvale, California)
- Di-Jia Liu: Highly efficient electrocatalysts for direct conversion of CO2 to chemicals ($250,000; in partnership with CongiTek, Glenview, Illinois; BiomassOne, White City, Oregon; Beam Suntory,…
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US imports from Canada have fallen over the last five years, and European lumber has mainly filled the gap
Softwood lumber has been in high demand in the US and Europe throughout 2021. The limited supply resulted in temporary price surges to record high levels during the spring, followed by substantial declines in early summer. The outlook for lumber demand is likely to be strong worldwide in the coming decade in most world regions, including North America and Asia. Both these regions are consistently dependent on imported wood.
Few countries in the world can significantly expand lumber exports, and Europe will play an increasingly important role as a wood supplier in the future. Tighter lumber markets will impact not just the sawmilling industry but also forest owners, pulp companies, wood panel manufacturers, and pellet producers.
The latest Focus Report: Global Lumber Markets – The Growing Role of European Lumber from Wood Resources International (WRI) and O’Kelly Acumen examines the forces driving the tightness of global lumber markets, including the demand outlook in the US and China and the supply potential from Europe, Russia, and other regions. It also analyses the possible implications of near-term changes in the lumber markets for all players in the value chain.
The US is the largest lumber market in the world and is very dependent on imported lumber. Imports have consistently accounted for about 30% of consumption over the past ten years. There is expected to be continued demand growth long-term in the US, driven mainly…
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Magna to Acquire Veoneer, Positioning Magna’s ADAS Business as a Global Leader in a Fast-Growing Industry
Magna International Inc. (TSX: MG;NYSE: MGA) and Veoneer, Inc. (NYSE:California’s Economy Reawakening Tentatively Signals the Beginning of a New CRE Cycle
The Summer 2021 Allen Matkins/UCLA Anderson Forecast California Commercial RealCarnival Corporation to Operate Up to 75% of Fleet Capacity by End of 2021
Carnival Corporation & plc (NYSE/LSE: CCL;NYSE: CUK), the world’s largestCarnival Cruise Line Makes Plans for Additional Ship Restarts in September and October 2021
Carnival Cruise Line announced today that three more ships willFormer U.S. Diplomat Meghann Curtis Joins Weber Shandwick’s Public Affairs Powerhouse Powell Tate
Powell Tate, the leading specialty public affairs unit of Weber- Loading stock data...
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Amazon, Johns Hopkins APL Partner to Accelerate Access to High-Res Brain Mapping Data
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Austin Details Messages He Will Deliver in Indo-Pacific, Discusses Afghanistan
Marc Brousseau | RH
Nevada Guard’s ‘High Rollers’ Extend Wildfire Mission
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