North America

Global CLT market expected to more than double by 2027

The global cross-laminated timber (CLT) market was valued at US$786.71 million in 2019 and is expected to [...]

Tolko aims to reopen High Prairie OSB mill by end of Q4/2023

Recently, Tolko provided an update on its High Prairie, Alberta, Canada, OSB facility that was seriously damaged on May 20 [...]

Energetic use of wood: is the criticism justified?

    Concerned about the energy supply, many are turning to wood as a fuel. However, media reports [...]

Energetic use of wood: is the criticism justified?

    Concerned about the energy supply, many are turning to wood as a fuel. However, media reports [...]

US lumber prices fell 10% after the Federal Reserve hiked interest rates

   US lumber prices extended their 2-day decline to 10% after the Fed hiked interest rates by 75 [...]

N. American lumber producers are cutting back production, a signal that higher interest rates are taking root

A growing number of Canada’s largest producers, including Canfor Corp. and West Fraser Timber Co. Ltd., recently announced plans [...]

China: Log stocks continue to decline, import prices show an upward trend

    The log inventory in China continued to decline in August, and prices showed an upward trend [...]

Canfor reduces production capacity in B.C. due to market conditions

Canfor Corp. is temporarily cutting production in British Columbia due to what it says are challenging market conditions.   [...]

Polish wood industry expected to face market slowdown in the coming quarters

    Poland's wood industry is one of those branches of domestic processing in which Polish producers [...]

US hardwood flooring tackles supply chain issues and labor shortages

Last year, the U.S. hardwood industry posted its first year of revenue gains since 2016, buoyed by elevated housing [...]