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Archives: April 2020

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]