Sawmilling

Canfor’s CEO says that the company remains committed to BC, despite recent European acquisition

Canfor has reach an agreement to buy 70 per cent of Vida Group for about $580 million. The privately-held [...]

Mixed lumber production output in North America

U.S. sawmills produced 23.855 billion board ft. (bbf) of softwood lumber in the first eight months of 2018 [...]

China plans a US$ 1.5 billion timber processing complex in Russia

China plans to invest up to 10 billion yuan (about $ 1.5 billion) in a timber processing complex in the [...]

Stora Enso notices oversupply in the sawn timber market

Finnish-Swedish forest industry company Stora Enso is preparing for oversupply in the sawn timber market.     [...]

Norra Timber plans to modernize its continuous kilns in Sweden

Norra Timber is currently modernising its kiln capacity with two new energy-efficient cross-circulation continuous kilns, also known as [...]

Lumber prices in the US keep on going up through November

US softwood lumber traders absorbed a heavy news week that sent mixed signals to an uncertain marketplace. However, chief among [...]

Roundwood prices in Estonia continue to grow through September

    The sharp rise in roundwood prices in Estonia at the beginning of the year consolidated in [...]

New merge to create UK’s largest independent timber distribution company

Arnold Laver & Co and The National Timber Group have merged to create a timber distribution business with combined revenue [...]

Canfor buys 70% of Swedish sawmill company VIDA

    Canfor Corporation announced that it has entered into an agreement to purchase 70% of the VIDA [...]

Resolute Forest Products curtails production capacity by 10%

Montreal-based Resolute Forest Products Inc. has decided to curtail production at many of its sawmills during the fourth quarter [...]