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Archives: February 2018

Weyerhaeuser reports fourth quarter and FY2017 results

Weyerhaeuser reported fourth quarter net earnings of $271 million on net sales of $1.8 billion. This compares with net [...]

US duties on Chinese plywood benefit other suppliers

US hardwood plywood imports grew strongly in October before declining again in November. Not surprisingly imports from China were significantly [...]

Laminate flooring losing share to non-wood alternatives

Much of the competitive pressure on real-wood flooring comes from the laminate flooring industry, which is large with sales [...]

Kastamonu increased production of wood-based panels at Alabuga plant in Russia by 30% in 2017

Turkish Kastamonu increased its output in 2017 at the Alabuga plant in Russia. Production of wood-based panels and laminate [...]

Value of Russian sawn timber exports up by 25% during January-November 2017

The sawn timber exports from Russia went up both in value and volume terms during the first 11 months of [...]

Setra to invest in new component plant in Sweden

Setra plans to invest in a component plant in Långshyttan, Sweden. This investment aims to meet customers' increased demand [...]

Current trends in Japanese and South Korean wood pellet demand

    Biomass demand in Japan is primarily driven by three policy components: The Feed in Tariff (FiT [...]

UPM reports record high performance for plywood division in 2017

    Finnish UPM released its annual results for 2017, with a record high performance from its plywood [...]

Lumber prices in the US increased, due to strong sales growth

Trading in framing lumber in the US eased during last week, but not enough to slow the upward momentum of [...]

US furniture market outlook positive

Imports of wooden furniture were up 4% in November. Except for Canada and India, most countries increased furniture exports to [...]