Sawmilling

Moody’s to change Ilim Timber’s outlook to negative; forecasts cyclical downturn in the global timber industry

Moody's Investors Service has changed Ilim Timber's outlook to negative from positive. At the same time, Moody's [...]

Holzindustrie Schweighofer to become HS Timber Group

The Holzindustrie Schweighofer Group is getting a new name and look with a soft relaunch of its brand appearance: the [...]

SCA to double production at Bollsta sawmill in Sweden

    Peab, in partnership with SCA, is going to build an extension the Bollsta sawmill in Bollstabruk [...]

European sawn softwood market growth driven by domestic consumption

    he European market showed steady growth in 2018, with consumption rising to 99.9 million m3 [...]

Many Chinese wood and furniture business to relocate factories to Indonesia

59 Chinese investors engaged in the wood and furniture business will relocate factories to Indonesia. The investors plan to relocate [...]

Falling spruce sawlog prices in Estonia, as bark beetle infestation puts prices under pressure

    The year 2019 is marked by falling roundwood prices in large parts of Central, Northern and [...]

Metsä Group, Stora Enso, and UPM plan 6-day lock-out at sawmills, plywood mills in Finland

Finnish Forest Industries Federation said on Wednesday it would hold a 6-day lock-out from Dec. 12, closing half [...]

Conifex considers asset divestment and restructuring plan in its lumber segment

Conifex Timber Inc. announced that the agent for its lumber segment lenders approved in principle Conifex's proposed asset divestment [...]

Canfor announces 2 week shutdown for all its sawmills

    Canfor is shutting down all 10 of its sawmills currently operating in B.C. over Christmas [...]

B.C. mass timber suppliers see surging sales

As the B.C. commodity lumber sector shutters mills, the B.C. value-added sector serving mass timber construction is [...]