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Archives: February 2019

Canfor’s lumber shipments drop 14% in Q4 /18

Canfor Corporation generated strong financial results in 2018 with reported operating income of $608.6 million, the highest operating earnings [...]

Finnish Pölkky Oy to invest EUR 30 million in its wood production facilities

Finnish Pölkky Oy has announced a major investment program, targeting its production facilities in northern Finland. The investment program [...]

Vietnam aims to reach US$11 billion in wood products exports this year

Vietnam aims to push wood export value beyond US$11 billion this year and to develop a production chain and [...]

Slower pace in US softwood lumber prices

Softwood lumber trading geared down from a faster pace earlier in the month, with traders citing inclement weather as the [...]

Finland: Roundwood prices up 6% in 2018

For the Finnish wood industry, the year 2018 was characterized by a clear rise in the real stumpage prices of [...]

China plans to boost its forestry industry output by 50% until 2025

China's top forestry authority has made plans to boost the forestry industry and set development goals. The industry pledges [...]

Is the weakness in the US housing starts a sign of economic recession?

A number of market analysts have pointed to signs of weakness in the U.S. housing market as an indicator [...]

Austria: Wood pellets price reaches € 250 per tonne

Enplus A1 wood pellets' price in Austria got up to an average of € 250 per tonne, or 5.11 Cent [...]

Pinnacle Renewable Energy suspended production at wood pellet plant in Alberta

Pinnacle Renewable Energy announced that operations at its wood pellet production facility in Entwistle, Alberta, Canada, have been temporarily suspended [...]

Rougier/ Malvaux deal not expected to disrupt the plywood market

The acquisition of the €30 million turnover timber and plywood business Rougier Sylvaco Panneaux by plywood and decorative panels leader [...]