Companies in the timber industry

Finnish Polkky Group to build 100,000 m3/year planing sawmill

    Pölkky Oy has announced the construction of a new planing mill in Taivalkoski, Finland. The [...]

Conifex to indefinitely curtail its El Dorado sawmill

  Conifex Timber Inc. announced that it is indefinitely curtailing operations at its El Dorado sawmill.   The curtailment is [...]

Russia: Wood pellet suppliers and foreign buyers in H1/2019

Exports of wood pellets from Russia are growing at the highest rate in recent years. In H1/2019, exports grew [...]

Company from Vietnam to supply 300,000 t/yr of wood pellets to Japan

Eastwood Energy Joint Stock Company signed a long-term contract with CellMark, a global supply chain service company, to sell [...]

Stora Enso to close sawmill in Finland

Efora, that specialises in industrial maintenance and engineering services, owned by Finnish-Swedish forest industry company Stora Enso, begins employer [...]

Jim Pattinson makes offer to take over Canfor

Jim Pattison's Great Pacific Capital Corp. has made an offer to buy the rest of Canfor Corp. it does [...]

Lower OSB prices negatively impact Norbord’s prices

Norbord Inc., the world’s largest producer of oriented strand board (OSB), reported Adjusted EBITDA of USD 36 million in [...]

Boom in Finland’s softwood lumber exports to Egypt; exports to China collapse

Finnish softwood lumber exports to the world increased by 5% in the first five months of 2019. The softwood lumber [...]

Lower prices in Asia cause sharp drop in Metsa Group’s revenues

The profit of the major Finnish forest industry company Metsa Group worsened remarkably in April-July, as prices in China [...]

BC’s Sinclar Group to curtail lumber production

In another hit to the B.C. forest industry, the Sinclar Group announced temporary production curtailments at lumber operations in [...]