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Archives: December 2021

Egger to expand production in North America

Egger Wood Products announced that it intends to invest $50 million in additional equipment for its Davidson County, North Carolina [...]

Lithuanian timber exports to China blocked due to trade dispute

China downgraded its diplomatic ties with the Baltic state and suspended consular services there after the Taiwanese Representative Office in [...]

Canfor reduces production due to supply chain challenges

Canfor Pulp Products Inc. is announcing temporary NBSK and BCTMP production reductions at Northwood Pulp and Taylor Pulp in response [...]

Current trends in Central European log prices

2021 is slowly coming to an end and with it the most blatant price increases in this strange “Corona wood [...]

North American lumber prices rebound as Canadian floods curb shipments

North American lumber prices are poised to return to highs last seen in June after heavy rains and flooding in [...]

UK’s Drax plans to double pellet production to 8 mil. tons

Drax Group plc on Dec. 1 announced plans to double its biomass pellet production to 8 million metric tons per [...]

Lithuania: Pine and spruce sawlog prices double in one year

Pine and spruce sawlog prices in Lithuania have doubled yoy in September 2021. Moreover, prices for all assortments are well [...]

UK: Sawn timber supplies could face uncertainty in 2022

The widespread material shortages in the UK are softening but sawn timber could both face issues going into the new [...]

Russia to increase export duties for lumber

Russian government has increased export duties for lumber with a moisture content of more than 22%, and a thickness and [...]

West Fraser’s lumber shipments drop up to 30% on BC floods

West Fraser Timber Co. Ltd. said weekly lumber shipments from the west of the country plunged about 25% to 30 [...]