North America

Weyerhaeuser’s CEO to resign in 2019

Weyerhaeuser announced that its current CEO Doyle R. Simons has elected to retire, and its board of directors has appointed [...]

Turkey to impose tariffs on imports of US wood products

With its publication in the Official Journal on 15 August, Turkey imposed additional duties on US imports.    [...]

Rising US lumber prices in August

Framing lumber trading opened the 20-24 August week with a head of steam following a strong round of purchasing [...]

Japan’s Sumitomo buys interest in US housing company

Sumitomo Forestry has acquired a 60% equity interest in the United States Mark III Properties.    The [...]

US softwood lumber prices pick up in mid-August

Framing lumber trading in US hit its fastest stride in more than two months, and the market finished the week [...]

Indonesian and Brazilian wood products exports affected by the changes in the US GSP

In a recent statement the Ministry of Environment and Forestry (KLHK) said it believes the wood products export target for [...]

Softwood lumber production in the US increases, while output in Canada goes down

    U.S. sawmills produced 14.752 billion board ft. (bbf) of softwood lumber in the first [...]

US lumber prices continue downward trend in August

    The plunge in framing lumber prices in the US was unabated, but another round of steep [...]

Maibec to sell two sawmills

    Maibec announced that it concluded a transaction with Groupe Lebel of Rivière-du-Loup for [...]

Norbord achieves record results on higher N. American and European panel prices

Norbord Inc. reported Adjusted EBITDA of $273 million for the second quarter of 2018 versus $165 million in the second [...]