North America

Canadian lumber giants plan massive production capacity expansion in US

North American lumber companies plan to ramp up production by expanding existing mills as strong home construction fuels the need [...]

Drax builds three new pellet plants in Arkansas

    Drax Group will begin constructing the first of three new ‘satellite’ pellet plants in Arkansas.  [...]

Global trade of wood chips drops sharply in 2020

Global trade of wood chips, which are mainly used by pulpmills, grew from about 21 million tons in 2009 to [...]

Chinese log imports and prices rising high in Q1/2021

    China's log import volume in the first quarter of this year was 14.95 million [...]

US homebuilders push for new softwood lumber agreement with Canada

U.S. Lumber Coalition says duties a small part of record price    With record North American [...]

US homebuilders pressure Biden Administration solve the lumber prices crisis

    US homebuilders are upping pressure on the Biden Administration to rein in lumber prices, which remain [...]

Canada’s sawmills can’t keep production pace with lumber demand

Lumber demand in North America is so strong that Resolute Forest Products Inc.’s order book exceeds its inventory, according [...]

Canfor reports record profits

    Canfor Corp. had record quarterly profits in the first quarter of 2021, thanks to record high [...]

US lumber prices could spiral out of control in the upcoming period

Last week the price per thousand board feet of lumber soared to an all-time high of $1,188.  Since [...]