Archives: May 2024

U.S. to allow wood imports from Russia

The U.S. Treasury Department suddenly announced that it would allow U.S. companies to continue to conduct energy-related [...]
May 8, 2024 Latest Trends

James Jones & Sons to acquire pallet manufacturer in Australia

James Jones & Sons Ltd has announced the further expansion of its pallet manufacturing division in Australia, with the acquisition [...]
May 8, 2024 Latest Trends

Eight U.S. wood groups seek delay of EUDR

A consortium of eight U.S. wood-related trade groups signed a letter requesting the European Commission to push back [...]
May 7, 2024 Latest Trends

New timber price increases announced in Sweden

On 1 May, Sveaskog raised the prices of sawlogs and pulpwood in large parts of the country. All sawlog [...]
May 7, 2024 Latest Trends

Canfor lumber mill in Arkansas for $73 million

Canfor Corporation is announcing that it has entered into a purchase agreement with Resolute El Dorado Inc., an affiliate of [...]
May 7, 2024 Latest Trends

Roseburg to start up new MDF plant this summer

Roseburg Forest Products announces that construction of two new plants in Dillard, Oregon, is well underway. Dillard Components will [...]
May 7, 2024 Latest Trends

Raute reports strong Q1/2024

Raute Corporation reported robust progress in its project deliveries for the first quarter of 2024, despite a challenging market environment [...]
May 7, 2024 Latest Trends

North American lumber prices in a downward spiral

Demand for lumber is collapsing in North America. The reason: Mortgage interest rates are rising dramatically and housing starts are [...]
May 2, 2024 Latest Trends

Many European timber importers are not aware of incoming EUDR

18% European timber importers are not aware of any incoming deforestation legislation, despite the fact that regulations like the EU [...]
May 2, 2024 Latest Trends

Interfor announces lumber production curtailments across all regions of N. America

Interfor Corporation plans to reduce its lumber production by approximately 175 million board feet (413,329 cubic meters) between May [...]
May 2, 2024 Latest Trends