West Fraser Timber’s CEO encouraged by outlook despite ongoing difficulties
West Fraser Timber Co. Ltd. president and CEO Sean McLaren said he expects the company will continue to experience unpredictable [...]
February 20, 2024
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China: Log imports face challenges as construction market uncertain
A Hong Kong court has issued an order to liquidate the heavily indebted Chinese real estate developer Evergrande, currently bearing [...]
February 20, 2024
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Interfor curtails lumber production in Oregon and British Columbia
Interfor Corporation has declared an indefinite curtailment of its sawmill operations in Philomath, Oregon, citing persistent high log costs in [...]
February 17, 2024
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Koskisen: Profitability affected by high price of wood
The financial performance of the Koskisen Group declined last year. The operating profit was 24 million euros, which is over [...]
February 17, 2024
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Raute more than doubles order intake in 2023
Raute's order intake for 2023 soared to Euro 315 million, more than doubling from the previous year's Euro [...]
February 17, 2024
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German sawmill industry: ”Implementation of the EUDR is currently impossible”
After the completion of the test phase for the implementation of the EU Deforestation Regulation (EUDR) last week and the [...]
February 16, 2024
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Poland to limit logging up to 20-30% in 2024
The forestry and wood industry in Poland must prepare for significant restrictions under the new government. Environment Minister Paulina Hennig [...]
February 16, 2024
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Australian Panels orders new MDF system from Siempelkamp
The new MDF system is the sixth Siempelkamp system for Australian Panels. Most recently, in August 2023, the customer decided [...]
February 16, 2024
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West Fraser reports considerable loss in Q4/2023
West Fraser Timber Co. Ltd. says it lost US$153 million in its fourth quarter, a steeper loss than US [...]
February 16, 2024
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Changing timber trade flows and price dynamics across the Baltic Sea region
As the timber price frenzy is ongoing in Sweden, even Norway's timber market has come to life as timber [...]
February 15, 2024
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