Chinese companies make more aggressive overseas timber purchases to ensure domestic supply
As the coronavirus pandemic continues to spread throughout the world, production in major wood-producing countries has stalled, the patterns [...]
April 23, 2020
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European wood industry to reconsider supply chains after restrictions will be eased
Strict restrictive measures in most EU countries and indeed across the world have more or less restricted production, which has [...]
April 23, 2020
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Arauco to close another plant in US
Composite panel and forest product giant Arauco will close its medium density fiberboard (MDF) production facility in Bennettsville, South Carolina [...]
April 23, 2020
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Sweden: Falling roundwood prices in Q1/2020
The trend of decreasing delivery prices continued during the first quarter of 2020 in Sweden. The price of pulpwood decreased [...]
April 23, 2020
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Finnish forest industry buys far less roundwood
In Finland, the quantities of roundwood purchased from the timber industry in the first quarter were well below the figures [...]
April 23, 2020
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Russian Segezha Group to boost wood pellet production
At the industrial site of JSC Lesosibirsky LDK No. 1, the Russian Segezha Group launched the second phase of the [...]
April 23, 2020
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Canfor reports $89.5M Q1 loss
Canfor Corp. reported a loss in its most recent quarter compared with a profit a year ago as revenue fell [...]
April 23, 2020
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Sharp fall in roundwood prices in Latvia
The bark beetle infestation which hit the Central European countries resulted in overproduction and a sharp fall in prices determining [...]
April 22, 2020
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New Zealand’s forest industry to resume operations next Monday
After nearly a month of strict lockdown, forest industry businesses in New Zealand have a week [...]
April 22, 2020
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Pandemic has forced 39 sawmills across Canada to shut down
The Forest Products Association of Canada says the demand for toilet paper has skyrocketed — increasing by [...]
April 22, 2020
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