$1-billion takeover bid of forestry giant Canfor fails
Lumber giant Canfor has terminated an arrangement agreement between the company and Jim Pattison’s Great Pacific Capital Corporation. [...]
December 19, 2019
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Weyerhaeuser sells Montana timberlands
Weyerhaeuser Company announced an agreement to sell its 630,000 acres of timberland in Montana to a private timberland investment [...]
December 19, 2019
Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Sawmilling / Wood Products / Global / North America
European plywood market pressure persists
In the first half of 2019, the European plywood sector was experiencing a tightening market and competitive conditions. In the [...]
December 19, 2019
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Analysis of China’s current wood processing industry capacity
The output value of China’s timber processing and wood products industries in 2018 was RMB1.3 trillion, accounting for [...]
December 19, 2019
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Canfor’s takeover by Jim Pattinson facing growing opposition from shareholders
The bid by billionaire Jim Pattison to take Canfor Corp. private is facing growing opposition from shareholders, though the investment [...]
December 17, 2019
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Wood Products / Global / North America
COP25: EU officials say carbon neutrality given to biomass energy to come under critical review
Two high-level members of the European Union delegation announced that the carbon neutrality designation given to biomass energy — replacing [...]
December 17, 2019
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Loggers in US seek relief from sharp drop in China log exports
The Carolina Loggers Association (CLA) has joined logging associations across the United States and the American Loggers Council (ALC) to [...]
December 17, 2019
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Profit margins for sawmills in Finland at lowest levels in 15 years
The financial health of the world’s lumber producers was mixed in the 3Q/19. The gross margins fell in [...]
December 17, 2019
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North American softwood lumber production on a downward trend
U.S. sawmills produced 26.616 billion board ft. (bbf) of softwood lumber in the first nine months, edging down [...]
December 17, 2019
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Moody’s forecasts positive outlook for the wood products sector in 2020
-For the wood products and timberland sub sector, Moody’s says operating earnings will increase by [...]
December 16, 2019
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Statistics / Wood Products / Africa / Asia & Middle East / Australia and Pacific Region / China / Europe / Global / North America / Russia