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Archives: February 2017

Finnish plywood industry on a downward trend

The production volumes of the Finnish plywood industry declined y-o-y by 1.1%, reaching 1,140 million m3 [...]

Softwood lumber price in the US exceeded $400 last week

Framing lumber sales in the US slowed down last week, as compared to the previous week, as buyers stepped back [...]

Drax’s earnings drop 17%, but its renewable energy generation booms

UK's power giant Drax dropped 17% in earnings, reaching £140 million. Yet, the renewable energy amount it has generated [...]

Russia increased its lumber and plywood exports during 2016

Russia has, once again, increased its lumber and plywood exports during the full year 2016. The volume of Russian lumber [...]

US housing starts level off in January

Housing starts in US returned to trend, dropping 2.6 per cent to a seasonally adjusted annual rate of 1 [...]

FSC revokes probation and disassociates from the Schweighofer Group

The Forest Stewardship Council (FSC) has decided to revoke the Schweighofer Group’s probation status and disassociate from the group [...]
February 17, 2017 Daily News / Forestry / Lumber / Sawmilling / Europe / Global

US wood pellets exports growth to the EU slowed down last year

After years of growth, US wood pellets exports to the European Union countries were still on the rise during January [...]

Setra acquires IKEA site in Malå, Sweden

  Setra is acquiring the property Rubanken 2 from IKEA Industry Malå AB. The facility is suitable for wood [...]

Indian furniture market to surpass $27 Billion by 2022

The furniture market in India is anticipated to cross $27 Billion by 2022, on account of expanding working population base [...]

OSB production and prices in US to experience sharp growth in 2017

North America’s Oriented Strand Board (OSB) market is expected to improve in 2017, with the right balance between OSB [...]