Canfor to curtail sawmill in BC
Canfor Corporation will curtail operations at its Polar Sawmill located in Bear Lake British Columbia, north of Prince George, following [...]
November 16, 2023
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Kronospan expands in N. America; acquires particleboard plant from Roseburg
Kronospan has executed an asset purchase agreement with Roseburg Forest Products to acquire Roseburg’s Simsboro, Lousiana, particleboard facility. Completion [...]
November 16, 2023
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UK’s Silva Timber Products files for administration
Silva Timber filed for administration. A 'perfect storm' of the post-Covid slump, the invasion of Ukraine putting an end [...]
November 16, 2023
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Mood in the German sawmill industry remains gloomy as demand in construction industry is poor
The assessment of the current situation in the German wood industry fell significantly in October to -29.9 points (previous [...]
November 15, 2023
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Wood procurement from Finland has tough goals for this year and next year
Stora Enso plans to increase its wood procurement volumes from Finland. There have been no changes to the plan due [...]
November 15, 2023
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Timber investor Manulife raises more than $200 million to buy forests for carbon
Manulife Investment Management, one of the largest timberland owners in the US has successfully raised $224.5 million for its [...]
November 15, 2023
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Challenges in 2023 for the hardwood lumber exports
US foreign trade of hardwood lumber has declined sharply in 2023. Exporters have struggled to compete on price against alternative [...]
November 15, 2023
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Russian sawmills experience an off-season sawlog shortage; prices in the rise
There were active price negotiations on the Rssiaun sawlog market in October. All sawmills, both small and large, feel the [...]
November 15, 2023
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Weaker global lumber markets have resulted in lower sawlog prices
Weaker lumber markets have resulted in lower sawlog prices worldwide. The Global Sawlog Prices Index (GSPI) fell 1.6 [...]
November 14, 2023
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Raute receives biggest order in history from Metsä Group
Raute Corporation has signed a contract worth Euro 93 million with Metsä Wood, part of Metsä Group, for the technology [...]
November 14, 2023
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