Because of sanctions against Russia, firewood is becoming a new energy source for European countries
The surge in gas and electricity prices has sparked interest in Europe for a long-forgotten [...]
July 7, 2022
Latest Trends / Market Analysis / ...Forestry / Europe / Russia
European buyers showing more interest in African timbers
Producers in the Central/West African region are reporting firm demand for padouk, okoume, ovangkol and even gheombi, a timber [...]
July 7, 2022
Latest Trends / Market Analysis / ...Wood Industry Prices / Forestry / Industry Prices / Sawmilling / Africa / Europe
North American wood products makers downgraded on lower housing demand, falling lumber prices
Shares of Boise Cascade Co. (BCC) tumbled 10.9% toward and eight-month low, and of Louisiana-Pacific Corp. (LPX [...]
July 7, 2022
Companies in the timber industry / Latest Trends / ...Forestry / Industry Prices / Sawmilling / North America
Moelven is investing in a pellet factory in Karlskoga
The pellet factory is planned to be put into operation in 2024 and will be built at Moelven Valåsen [...]
July 7, 2022
Companies in the timber industry / Latest Trends / ...Wood Energy / Europe
Rising costs cast doubt on Vietnamese wood companies growth prospects
As wood export turnover is rebounding with rising demand in the domestic market, the revenues of Vietnamese wood enterprises are [...]
July 7, 2022
Companies in the timber industry / Latest Trends / ...Market Analysis / Wood Industry Prices / Forestry / Sawmilling / Asia & Middle East
Acquisition of Russia’s RFP Group by Japanese holding unclear
Iida Group Holdings acquired a 75% stake in Russian lumber producer RFP Group for 60 billion yen ($525 million) at [...]
July 3, 2022
Companies in the timber industry / Latest Trends / ...Forestry / Sawmilling / Asia & Middle East / Russia
UFP Industries acquires 50% stake in Dempsey Wood Products, LLC
UFP Industries (UFPI) announced that its affiliate, PalletOne, Inc., has acquired a 50% equity stake in [...]
July 3, 2022
Companies in the timber industry / Latest Trends / ...Market Analysis / Forestry / Sawmilling / North America
U.S. open to new lumber talks with Canada
The United States is open to fresh negotiations with Canada to resolve a longstanding dispute over U.S. tariffs on [...]
July 1, 2022
Latest Trends / Market Analysis / ...Forestry / Sawmilling / North America
N. American lumber prices fall further as mortgage rates hit fresh 13-year high
Lumber prices fell last Thursday, marking the first decline in more than a week, as mortgage rates rose [...]
July 1, 2022
Latest Trends / Market Analysis / ...Wood Industry Prices / Forestry / Industry Prices / Sawmilling / Wood Construction / North America
Russia reduces production of wood pellets by 10% due to lack of export markets
At the end of 2021, about 2.5 million tons of wood fuel pellets were produced in Russia. However, in [...]
July 1, 2022
Latest Trends / Market Analysis / ...Wood Energy / Russia
