Sawmilling

Russia: Sistema preparing Segezha forestry group for potential IPO this year

Russian conglomerate Sistema on Monday said it is preparing its forestry business Segezha Group for a potential initial public offering [...]

Demand for softwood logs in China expected to rise as inventories shrink

China has come out of the Covid crisis with a huge amount of infrastructure spending which has, in turn, created [...]

American company acquires Canadian lumber and plywood giant

Although the United States has reduced the tariffs levied on Canadian lumber due to the WTO's rule, Canadian lumber [...]

EU tropical timber trade faces recession

Total EU27 (i.e. excluding the UK) import value of tropical wood and wood furniture products was US$2.48 [...]

Rising sawlog prices in Austria as sawmill industry runs at full speed

The current sales opportunities for Austrian sawn and laminated timber products on the global markets are optimal in January. Prices [...]

Biewer Lumber announces plans for second sawmill in Mississippi

    Michigan-based Biewer Lumber will invest $130 million in a new Mississippi sawmill, creating 150 jobs [...]

Global sawlog prices on the rise due to sharp recovery in trade

Global log trade made a comeback in the third quarter of the year following two quarters of weak performances. Most [...]

HS Timber, Egger and Kronospan accused of organizing a wood cartel in Romania

The Austrian companies HS Timber Production (formerly Holzindustrie Schweighofer), Kronospan and Egger, all with activities on the Romanian wood market [...]

New sawmill to be build in Arizona

NewLife Forest Products has acquired a 425,000-square-foot plant and 35 acres of land near Flagstaff, Arizona, which [...]

Declining softwood lumber trade in the world in 2020

In the first three quarters of 2020, the largest softwood lumber flows in the world declined.     [...]