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Archives: February 2017

China plans 6 national timber reserves with around 95 million m3 of logs logging capacity

As part of China’s National Forest Reserve Construction Planning for 2016 to 2050, six new large forest reserves will [...]

Norbord triples EBITDA in 2016 on recovery of US housing starts and higher OSB prices

Wood-based panel giant Norbord  has reported 2016 adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of $383m – a [...]

Russia might impose export duties on lumber with a low degree of processing

At the end of January, the Russian President, Vladimir Putin, approved a list of instructions following an audit conducted by [...]
February 6, 2017 Daily News / Lumber / Sawmilling / China / Global / Russia

Resolute CEO claims to be able to persuade US in softwood lumber dispute

Eastern Canada deserves free and unencumbered access to the U.S. market because the forestry sectors of Ontario and Quebec [...]

DONG Energy plans to cease the use of coal by 2023

DONG Energy has decided that by 2023, coal will no longer be used as fuel at the company’s power [...]

Sweden’s sawn and planed timber exports and delivery prices rose sharply

The Swedish exports of softwood timber (sawn and planed) rose slightly in November, both compared to the previous month and [...]

Japan raises plywood import prices, while Malaysian firms get the gains

If the yen remains weak, the price for Malaysian plywood products on the Japanese market might increase.    [...]

Shades of grey and textured service- new trends in wood flooring

The intense and rising competitiveness of the European flooring sector is immediately apparent from the DOMOTEX 2017 show numbers which [...]

Prices for lumber in the US went $11 up at the beginning of February

Lumber trading in the US remained constant through the middle of last week, but started to increase on Thursday and [...]

Housing starts in US expected to increase by 10% in 2017

Residential home construction increased 5% in 2016 from the previous year. An estimated 1,166,400 housing units were started [...]