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Archives: 2018

China alters plywood export codes as to avoid US tariffs

China increases its attempts to avoid the US tariffs on plywood imports. Thus, the identification codes which will be placed [...]

U.S. softwood lumber demand expected to reach all-time high by 2030

U.S. softwood lumber demand will grow at an annual rate of 2.3 per cent through 2030, which will [...]

Forecast: Finnish roundwood prices to rise by about 10% this year

Increasing demand due to good economic prospects and recent investments will boost the use of roundwood this year in Finland [...]

Spanish Garnica cofirms €80 million investment in a new plywood factory in France

Spains's Garnica confirmed its intention to build a new factory in Troyes, France. Work at the factory will begin [...]

Expansion in India and higher online sales boosts IKEA’s sales

Swedish furniture giant IKEA reported rising sales for the year to August, helped by a big push online and new [...]

Bankrupt Norske Skog acquired by Oceanwood

Investment funds managed by Oceanwood Capital Management Limited have now acquired 100% of the shares in Norske Skog AS following [...]

Sweden plans 31 CLT towers in Stockholm

Swedish architects are planning a housing development on Stockholm's waterfront featuring 31 cross-laminated timber (CLT) towers.   [...]

Softwood lumber prices in US continue to drop sharply

Downward momentum eased in some framing lumber species in US. But even with quarter-end pressure to sell behind them [...]

Demand from China pushes up Russia’s exports of softwood lumber

Increased exports of softwood lumber from Russia to China the past decade have resulted in higher timber harvests in Eastern [...]

Forecast: Finland’s softwood lumber exports to drop this year due to slow Chinese demand

The production volume of sawn goods will increase 1–2 percent in 2018. Export of pine timber will increase, but [...]