Drax to boost pellet production at Alabama plant
Drax has announced a $50 million expansion at its Aliceville, Alabama wood pellet plant. The investment will increase production capacity [...]
January 25, 2023
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Western forestry companies sold 13 plants in Russia since beginning of war in Ukraine
The withdrawal of foreign companies from Russia in 2022 may lead to a shortage of certain timber products, which will [...]
January 23, 2023
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US lumber prices are up 14% in 2023
US softwood lumber prices are up 14% so far in 2023 after suffering a brutal sell-off last year. Further [...]
January 23, 2023
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ARAT takes over Höga Kusten and Loginor
The Swedish high-tech supplier for the sawmill and processing industry, ARAT AB, has completed two acquisitions, Höga Kusten [...]
January 23, 2023
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Austrian sawmill and panel industry under pressure, but still optimistic
In the last quarter of 2022, the order situation in the Austrian sawmill industry continued to decline. It is currently [...]
January 23, 2023
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Major N. American CLT producer temporarily suspends operations at one plant
Structurlam Mass Timber Corporation is temporarily suspending operations and reducing staff at its Conway, Arkansas, plant due to a customer [...]
January 23, 2023
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Builder confidence uptick signals turning point for the US housing market
A new report from the National Association of Home Builders found a modest drop in interest rates helped to end [...]
January 23, 2023
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Is there any room for optimism on North American lumber prices this spring?
In March 2020, random-length lumber futures fell to $251.50 per 1,000 board feet as the global pandemic [...]
January 20, 2023
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EUDR- new deforestation free regulation and what does it mean for timber businesses?
The European Timber Regulation (EUTR) has been in force for nearly a decade. Now the EU is replacing it with [...]
January 20, 2023
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Pellet prices continue to fall in Germany
The trend towards normalization in the price of wood pellets continued in January. As reported by the German Pellet Institute [...]
January 20, 2023
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