North America

No relief in sight for high lumber prices, conference concludes

It’s been just over a year since the COVID-19 pandemic arrived in Canada. Since then, almost every aspect [...]

GreenFirst Forest Products to acquire Rayonier’s lumber mills

Rayonier Advance Materials and GreenFirst Forest Products Inc. (GreenFirst), a Canadian lumber company, announced that the parties have entered into [...]

Professor develops method to predict future lumber price changes

At a time when lumber prices are skyrocketing, an Oregon State University researcher has developed a new way to predict [...]

Canada has new ways to pressure US over softwood lumber duties

Canadian officials have new leverage as they urge Washington to negotiate a solution to the long-standing dispute over U [...]

Lack of raw materials threaten wood prices in Vietnam

As global supply chains were affected by the Suez Canal incident, the supply issues for raw materials for Vietnam’s [...]

European countries are rapidly expanding market shares on China’s softwood import market

Due to the bark beetle infestation, the European countries have gained serious market shares in China's softwood logs and [...]

Timber prices soar in China, supplies short amid coronavirus disruptions

Timber prices in China soared as imports have been affected by the COVID-19 pandemic, which has put much stress [...]

Rising freight rates adding pressure on the plywood market

    A key concern in the plywood sector is soaring freight rates, notably in containerized trade. With [...]

Komatsu plans to grow forestry machine sales in North America and ASEAN

Japanese machinery maker aims to boost segment's revenue by 40%    Japanese equipment maker Komatsu hopes [...]

Drax’s acquisition of Pinnacle approved by shareholders

Pinnacle Renewable Energy Inc. and Drax Group plc. on March 31 each announced shareholder approval for the planned acquisition of [...]