Archives: 2023

Tolko to extend Armstrong, Soda Creek lumber mill shutdowns

Tolko Industries has announced it will be extending its holiday shutdown period at its Soda Creek and Armstrong Lumber divisions [...]
January 25, 2023 Latest Trends

Södra announces pine and spruce timber price hikes; expects strong demand this spring

Södra raises the prices of spruce and pine timber purchased by members by SEK 30 per solid cubic meter [...]
January 25, 2023 Latest Trends

Euroconstruct expects stagnated construction activity in Europe up to 2025

Euroconstruct’s latest economic forecasts predict that construction output growth will drop to 0% in 2024 across Europe. Civil engineering [...]
January 25, 2023 Latest Trends

Drax to boost pellet production at Alabama plant

Drax has announced a $50 million expansion at its Aliceville, Alabama wood pellet plant. The investment will increase production capacity [...]
January 25, 2023 Latest Trends

Western forestry companies sold 13 plants in Russia since beginning of war in Ukraine

The withdrawal of foreign companies from Russia in 2022 may lead to a shortage of certain timber products, which will [...]
January 23, 2023 Latest Trends

US lumber prices are up 14% in 2023

US softwood lumber prices are up 14% so far in 2023 after suffering a brutal sell-off last year. Further [...]
January 23, 2023 Latest Trends

ARAT takes over Höga Kusten and Loginor

The Swedish high-tech supplier for the sawmill and processing industry, ARAT AB, has completed two acquisitions, Höga Kusten [...]
January 23, 2023 Latest Trends

Austrian sawmill and panel industry under pressure, but still optimistic

In the last quarter of 2022, the order situation in the Austrian sawmill industry continued to decline. It is currently [...]
January 23, 2023 Latest Trends

Major N. American CLT producer temporarily suspends operations at one plant

Structurlam Mass Timber Corporation is temporarily suspending operations and reducing staff at its Conway, Arkansas, plant due to a customer [...]
January 23, 2023 Latest Trends

Builder confidence uptick signals turning point for the US housing market

 A new report from the National Association of Home Builders found a modest drop in interest rates helped to end [...]
January 23, 2023 Latest Trends