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Archives: November 2018

Germany: Prices for wood pellets on ascending trend in November

During November 2018, the prices for wood pellets in Germany have risen sharply. Thus, the price increased by 1.8 [...]

Georgia-Pacific completes $100-Million lumber facility in Alabama

Georgia-Pacific celebrated the official start of production at its newest lumber facility in Talladega, Alabama. The $100-million, 300 [...]

Canfor to remain committed to BC, despite recent European acquisition, CEO says

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

US lumber production up by 5%; Canadian output falls

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’s Krasnoyarsk region

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

Stora Enso prepares for oversupply in the sawn timber market; layoffs in plan

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

Declining furniture trade in China

According to data from China Customs, in the first half of 2018 the value of China’ s furniture exports was [...]

Norra Timber invests in new continuous kilns in Sweden

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

2018 wood pellet market outlook

2017 was a year of change in the global wood pellet markets, heralding the start of a shift in fortunes [...]

US softwood lumber prices on the rise in mid-November

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