Weyerhaeuser News Releases

Weyerhaeuser Company Named Top 100 Best Corporate Citizens

Tue, 02 Mar 2010 14:15:00

Corporate Responsibility Magazine (formerly CRO Magazine) named Weyerhaeuser Company to its annual list of 100 Best Corporate Citizens. Weyerhaeuser was ranked No. 67 overall.

“Weyerhaeuser is committed to responsibly meeting the needs of its multiple stakeholders—including investors, customers, employees and the communities where we operate,” said Dan Fulton, Weyerhaeuser president and CEO. “This ranking affirms Weyerhaeuser’s leadership in sustainability, environmental...(Read More)

Fulton, Bedient to Represent Weyerhaeuser at Upcoming Financial Conferences

Thu, 18 Feb 2010 05:00:00

Weyerhaeuser Company (NYSE:WY) senior executives are scheduled to present at two upcoming financial conferences:

Dan Fulton, president and CEO, and Patty Bedient, executive vice president and chief financial officer, will represent Weyerhaeuser at the Credit Suisse Annual Global Paper & Packaging Conference on Wednesday, Feb. 24. They are scheduled to present at 10:30 a.m. Eastern.
The presentation and question-and-answer session will be audio webcast live at Read More)

Weyerhaeuser Named International Leader in Forestry Practices

Wed, 10 Feb 2010 08:00:00

Weyerhaeuser Company (NYSE: WY) was among 35 international companies recognized today by the investor-backed Forest Footprint Disclosure for leadership in managing their operations and supply chains to minimize the effects on forests worldwide.

The report also named Weyerhaeuser best performer in the Industrial and Auto sector. Weyerhaeuser was the only U.S.-based company named a best performer.

“Across our supply chain, from our forestry practices to manufacturing...(Read More)

Weyerhaeuser Reports Fourth Quarter Results

Fri, 05 Feb 2010 05:30:00

Weyerhaeuser Company (NYSE: WY) today reported a net loss of $175 million for the fourth quarter 2009, or 83 cents per share, on net sales from continuing operations of $1.5 billion. Last year, Weyerhaeuser reported a fourth quarter net loss of $1.2 billion, or $5.73 per share, on net sales from continuing operations of $1.8 billion.

For the full year 2009, Weyerhaeuser reported a net loss of $545 million, or $2.58 per share, on net sales from continuing operations of $5.5...(Read More)

Mitsubishi Corporation, Weyerhaeuser to Explore Strategic Biomass-to-Energy Venture

Mon, 01 Feb 2010 18:00:00

Mitsubishi Corporation (TSE: 8058; ADR: MSBHY) and Weyerhaeuser Company (NYSE: WY) today announced that the two companies signed a Strategic Memorandum of Understanding (MOU) to explore the possibilities of collaborating in the biomass-to-energy business.

The companies are specifically interested in assessing the feasibility of jointly investing in and operating a commercial-scale bio-pellet production facility in the United States by 2011. Depending on the success of the joint...(Read More)

Weyerhaeuser Pledges Building Materials for Haiti Rebuilding Effort

Thu, 28 Jan 2010 08:00:00

Weyerhaeuser Company (NYSE: WY) today announced an initial pledge of up to $250,000 in building materials to aid in rebuilding Haiti.

"As this devastating tragedy has shown, Haiti must not only be rebuilt, but it must also be rebuilt safely to prevent future tragedies of this type," says Dan Fulton, president and chief executive officer. "As a leader in the building materials industry, we can do our part to help achieve a safer Haiti as it recovers from this...(Read More)

Weyerhaeuser Cellulose Fibers Launches New Type of Kraft Pulp

Wed, 27 Jan 2010 05:00:00

Weyerhaeuser Company announced today that its Cellulose Fibers business segment has successfully introduced a new grade of Kraft pulp for specific segments of the cellulose derivatives market. Cellulose derivatives are used in various products, including lacquers, paints, inks, and thickening agents.

Known as Pearl^®429, the new pulp offers tailored reactivity and viscosity compared with traditional Kraft pulps. As a result, Pearl429 can be blended with other pulps and has...(Read More)

Weyerhaeuser to Release Fourth Quarter Earnings on Feb. 5

Fri, 15 Jan 2010 10:30:00

Weyerhaeuser Company (NYSE: WY) will release fourth quarter 2009 results on Feb. 5 before the market opens. The company will hold a live conference call at 7 a.m. Pacific (10 a.m. Eastern) on Feb. 5 to discuss fourth quarter results.

To access the conference call from within North America, dial 877 -296 9413 (access code – 49651013) at least 15 minutes prior to the call. Those calling from outside North America should dial 1-706 679 2458 (access code – 49651013). Replays will...(Read More)

iLevel by Weyerhaeuser Demonstrates Structural Framing Techniques to Help Builders Earn ENERGY STAR® Label for New Homes

Thu, 14 Jan 2010 06:00:00

As homebuyer interest in reducing energy use continues to rise, iLevel by Weyerhaeuser is in discussions with the U.S. Environmental Protection Agency (EPA) to support builders in constructing more energy efficient wall framing. iLevel has taken the lead in developing software and support services for builders to help them meet the requirements of the EPA’s ENERGY STAR® for Homes program Version Three, scheduled for implementation in 2011. Builders will have a chance to see a demonstration...(Read More)

Weyerhaeuser Introduces Pro Series™ Lumber

Thu, 07 Jan 2010 06:00:00

To help builders and building material dealers improve their bottom lines in a tough economy, Weyerhaeuser has developed a new lumber product for a range of building applications - Pro Series™ Lumber. Weyerhaeuser's proprietary technology and quality control checks remove boards that have a greater tendency to eventually crook, twist or bow. The result is labor and material cost savings in the lumberyard and on the jobsite from reduced need to cull through piles of boards. Pro Series Lumber is...(Read More)

Weyerhaeuser Company Declares Dividend

Mon, 04 Jan 2010 15:25:00

The executive committee of the board of directors of Weyerhaeuser Company (NYSE: WY) on Jan. 4, 2010, declared a dividend of 5 cents per share on the common stock of the corporation payable March 1, 2010, to shareholders of record at the close of business Jan. 29,...(Read More)