Tolko to temporarily reduce production at its Lakeview sawmill
In another setback for British Columbia's forestry sector, Tolko Industries will temporarily lay off approximately 60 workers at its [...]
February 7, 2024
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EUDR: New calls for fundamental revision
The fact that EU Commission President Ursula von der Leyen promised farmers administrative simplifications at the EU summit in Brussels [...]
February 7, 2024
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Ikea pushes for new price cuts; sees economic and supply chain improvements
Two years ago, Ingka Group, Ikea's parent company, faced challenges and increased prices. Recently, positive economic trends and [...]
February 7, 2024
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Swedish market manager foresees timber shortage this spring that will boost prices
Only the sharpest sawmills are profitable right now. That's what Erik Eliasson, marketing manager at Norra Timber, says. But [...]
February 6, 2024
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China: Reduced softwood log imports, prices down
China softwood log inventory is stable but daily port off-take has started to reduce in preparation for the Chinese [...]
February 6, 2024
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Strikes in Finland to hit forest, sawmill industry
In Finland there will be a three-day general strike in mid-February (February 12–14), which will involve approximately [...]
February 6, 2024
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Raute signs full scope service agreement with Paged Eesti
Raute Corporation has signed a service agreement with Paged Eesti OÜ, Estonia, part of Paged Group, covering full maintenance responsibility [...]
February 6, 2024
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Experts call for CLT to be used in Saudi Arabia’s $500 billion NEOM Gigacity
Saudi Arabia is the Middle East's largest timber market, with Mohammed Bin Salman, Saudi Arabia's Crown Prince, pushing [...]
February 3, 2024
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U.S. plans to raise tariffs against Canadian softwood lumber producers
The U.S. Department of Commerce announced the preliminary determination of a combined anti-subsidy and anti-dumping duty rate [...]
February 3, 2024
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PGS Group to acquire stake in Belgian IDE sawmill
French PGS Group has acquired a co-controlling stake in Belgium's Ide Group. Through its subsidiaries Ide Woods [...]
February 3, 2024
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