Conifex curtails sawmill and planer operations
Conifex announced today the curtailment of its sawmill and planer operations for two weeks starting June 17, 2024. This decision [...]
June 18, 2024
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US$ 18 billion investments in Brazil’s forestry sector expected by 2028
The forestry sector in Brazil is expected to invest around R$90 billion (US$ 18 billion) by 2028, according to [...]
June 18, 2024
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Stability and optimism reported at Carrefour timber exhibition
Tropical timber suppliers at the Carrefour Internationale du Bois (CIB) exhibition in Nantes said there were signs the European market [...]
June 18, 2024
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Paradigm shift for the Swedish forest industry?
Despite reduced demand, reduced felling, reduced deliveries and the construction crisis, the price trend for Swedish forest products is [...]
June 14, 2024
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Historic North American delegation visits Finland’s forest industry
Business Finland is hosting an unprecedented visit by a large delegation from the North American forest and wood products industry [...]
June 14, 2024
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Lumber mill temporarily shuts down in BC, cites low prices terrible state of the industry
Aspen Planers has temporarily shuttered its operations in Merritt, a move that has resulted in approximately 100 workers being laid [...]
June 14, 2024
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Conifex secures $25 Million loan for its lumber segment
Conifex Timber Inc. has secured a $25 million term loan with PenderFund Capital Management Ltd., a Vancouver-based investment firm [...]
June 14, 2024
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Finland: The outlook for the forest industry is gradually brightening
The recovery of the global economy and the anticipated interest rate cuts by central banks will gradually increase the demand [...]
June 13, 2024
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Federal Reserve rate stagnation impacts US wood products markets
The ongoing Federal Reserve rate stagnation is having a ripple effect across the US wood products market and the broader [...]
June 13, 2024
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European construction: Moderate decline in 2024, recovery expected by 2025
The total construction output in the Euroconstruct area fell by 1.4 percent in 2023, which was slightly better than [...]
June 13, 2024
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