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Archives: April 2021

German timber traders worried about a shortage of supplies

The German timber trade is concerned about the increasingly tense situation on the procurement markets. Wholesalers are increasingly confronted with [...]

Wood prices in some European countries skyrocket

European wood is in great demand. That leads to skyrocketing prices.    "The sudden and massive shortage [...]

GreenFirst Forest Products to acquire Rayonier’s six lumber mills in Ontario and Quebec

Rayonier Advance Materials and GreenFirst Forest Products Inc. (GreenFirst), a Canadian lumber company, announced that the parties have entered into [...]

Tight supply, no relief in sight for high lumber prices, conference concludes

It’s been just over a year since the COVID-19 pandemic arrived in Canada. Since then, almost every aspect [...]

Homag Group plans largest investment in its history

The Homag Group has launched the largest investment program in its corporate history.    Over the next [...]

Wooden pallet prices hit record highs

Pallet prices have hit record highs, according to a U.S. Labor Department index, and European gauges show big jumps [...]

The global shortage of wood products may become worse

Although the temporary blockade of the Suez Canal last month interrupted global trade, the supply chain problems have become more [...]

Canada has new ways to pressure US over softwood lumber duties

Canadian officials have new leverage as they urge Washington to negotiate a solution to the long-standing dispute over U [...]

Vietnam: Lack of raw materials threaten wood prices

As global supply chains were affected by the Suez Canal incident, the supply issues for raw materials for Vietnam’s [...]

UPM to sell its Jyväskylä plywood mill

UPM sells its Jyväskylä plywood mill site and premises, located in Säynätsalo, Jyväskylä in Finland, to [...]