Sawmilling

Subdued lumber demand in India due to container issues

    Demand for lumber in India remains subdued due to ongoing shortages in container availability for exports [...]

Russian timber exporters seek new markets in Middle East and Asia

    The Russian Ministry of Industry and Trade recently told local media that the Middle East, Asia [...]

European sawmills expect tough months ahead

    On June 16, the European Sawmill Association EOS met in Skellefteå in northern Sweden for its [...]

New Zealand log export prices to China fall more than 20% in June

A weaker timber market in China, rising transport costs and exchange rate impacts have contributed to a drop of more [...]

European buyers showing more interest in African timbers

Producers in the Central/West African region are reporting firm demand for padouk, okoume, ovangkol and even gheombi, a timber [...]

North American wood products makers downgraded on lower housing demand, falling lumber prices

Shares of Boise Cascade Co. (BCC) tumbled 10.9% toward and eight-month low, and of Louisiana-Pacific Corp. (LPX [...]

Rising costs cast doubt on Vietnamese wood companies growth prospects

As wood export turnover is rebounding with rising demand in the domestic market, the revenues of Vietnamese wood enterprises are [...]

Acquisition of Russia’s RFP Group by Japanese holding unclear

Iida Group Holdings acquired a 75% stake in Russian lumber producer RFP Group for 60 billion yen ($525 million) at [...]

UFP Industries acquires 50% stake in Dempsey Wood Products, LLC

    UFP Industries (UFPI) announced that its affiliate, PalletOne, Inc., has acquired a 50% equity stake in [...]