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Archives: August 2019

China: Reduced panel production causes prices to rise

In order to improve air quality and the environment producers of woodbased panels in many cities in Shandong province will [...]

US hardwood industry sees opportunities in the Indian market

The market for American hardwoods in India is on its way to fulfil its true potential over the course of [...]

Conifex to indefinitely curtail its El Dorado sawmill; citing low lumber prices

  Conifex Timber Inc. announced that it is indefinitely curtailing operations at its El Dorado sawmill.   The curtailment is [...]

Main Russian wood pellet suppliers and foreign buyers in H1/2019

Exports of wood pellets from Russia are growing at the highest rate in recent years. In H1/2019, exports grew [...]

Vietnamese company to supply 300,000 t/yr of wood pellets to Japan

Eastwood Energy Joint Stock Company signed a long-term contract with CellMark, a global supply chain service company, to sell [...]

Stora Enso plans to cut jobs; to close one sawmill in Finland

70 people are involved in the negotiations. 15 jobs are expected to be cut.  Efora, that specialises in [...]

Italian woodworking machinery industry sees sharp fall in orders

In the second quarter of 2019 the orders of wood and furniture machinery and equipment in Italy have decreased by [...]

Billionaire Jim Pattinson makes offer to take over Canfor private for almost US$ 1 billion

Jim Pattison's Great Pacific Capital Corp. has made an offer to buy the rest of Canfor Corp. it does [...]

US to set countervailing duties of up to 229.24% for Chinese wooden cabinets

The U.S. Commerce Department said on Friday it has made a preliminary determination that wooden cabinets and vanities imports [...]