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Archives: October 2020

China’s raw material sourcing to be substantially impacted by Russia’s 2022 log export ban

   Softwood log exports from Russia have been in steady decline for the past 15 years and could reach [...]

Encouraging signs in the US plywood market

   US plywood markets remain quiet and slow on the buy side, over all. Though there are encouraging signs [...]

UPM’s profits fall sharply in Q3/2020

   Finnish forestry product giant UPM reported a larger than anticipated drop in profits in its third quarter.  [...]

N. American softwood lumber prices drop sharply, but remain high

   “What goes up must come down,” as the saying goes. Particularly when talking about markets. After holding firm [...]

Setra manages to sell its closed Rolf sawmill

   There have been many trips around Setra-owned Rolf's sawmill in Kalix, Sweden which were finally closed [...]

Russian plywood producer Sveza bets on Asia and doubles sales in 2020

   Despite difficult economic conditions, Russian plywood producer Sveza managed to double its sales in East and Southeast Asia [...]

Sweden: Autonomous forest machine ready for testing

   In Sweden, researchers at Luleå University of Technology (LUT) have designed and built an autonomous forest machine that [...]

Brazilian companies plan a U$ 6.3 billion investment in the forest sector by 2023

   Companies associated with the Brazilian Tree Industry (Ibá), which represents the planted tree sector in Brazil, plan to [...]

Trends that drove lumber prices to record highs will continue, Canfor’s CEO predicts

   The work-from-home trend that drove lumber prices to record levels and helped producer Canfor Corp. realize [...]

Huntsville Forest Products to acquire hardwood sawmill from Rayonier

Haliburton Forest & Wild Life Reserve, through its wholly-owned subsidiary Huntsville Forest Products (HFP), announced the acquisition of a [...]