Timber shortage causes Canfor sawmill closure, suspend large investment in another mill
A persistent shortage of economically available timber and challenging operating conditions in northern British Columbia, has led Canfor Corporation to [...]
May 14, 2024
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US DoC sets lower countervailing duties for Canadian softwood lumber producers
On April 30th, the US Department of Commerce (DOC) issued a redetermination of its antidumping duties (AD) for certain softwood [...]
May 14, 2024
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Latvia: Stiga RM to complete the acquisition of Norupe sawmill
Upon the receipt of approval from the Competition Council of Latvia, Stiga RM, one of Latvia’s leading timber companies [...]
May 14, 2024
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Shortage of plywood raw materials on the Russian market
In recent years there has been a significant increase in export supplies of birch veneer from Russia. The product with [...]
May 14, 2024
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Foresters in Germany are raising the alarm about the upcoming restrictions and increased bureaucracy
For German foresters and forest owners, despite the difficulties in eliminating the consequences of forest damage, another problem has appeared [...]
May 10, 2024
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Teal Jones restarts sawmills after reaching interim financial deal
Teal Jones Group began restarting its sawmills this week, including three operations in Surrey that employ 400 workers, after reaching [...]
May 10, 2024
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Lithuanian wood industry on the road to recovery
In 2023 The Lithuanian wood and furniture industry, which has experienced a strong contraction in production, seems to have overcome [...]
May 10, 2024
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UK timber and panel imports remain subdued
UK imports of the main timber and panel products for the first two months of 2024 are fractionally ahead of [...]
May 10, 2024
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Swedish sawmills face timber shortages, prompting Finnish competition
The Swedish forest industry has had exceptional times. Inflation and rising interest rates have hampered the country's economy, and [...]
May 9, 2024
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The entire Poland wood industry is in crisis; massive layoffs and wood prices among the highest in the EU
18 thousand reduced positions within a year and a half, another 5,000 expected. in 2024 alone, a decrease in [...]
May 9, 2024
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