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Archives: February 2022

North American lumber prices are up 30% in February

   Lumber has surged nearly 30% so far this month in step with the wider rally in global commodities [...]

UPM Plywood profitability hits record high in 2021

In 2021, sales of plywood by the Finnish forestry group UPM-Kymmene increased by 8% year-on-year to 738 [...]

Dubai’s $1.42bn construction projects to boost timber demand

Dubai government's $1.42 billion allocation in the budget for construction projects for the 2022-2024 period will have [...]

Timberlink to upgrade sawmill build new CLT plant

Timberlink’s Tarpeena sawmill, located in South Australia, is undergoing a multi-million-dollar expansion. The project will include an [...]

China’s quarantine requirements on imported pine logs and lumber came into force

The General Administration of Customs of the People’s Republic of China (GACC) released Decree 110, entitled quarantine requirements on [...]

Estonia: Softwood log prices fall in Q4/2021, but remain at a very high level

During the last quarter of 2021, timber prices remained very high in Estonia, although softwood log prices have fallen.  [...]

Finland’s largest sawmill company reports all-time financial result

Finland's largest sawmill company has a turnover of half a billion.At the end of June last year, the [...]

Georgia-Pacific to invest US$20 million in South Carolina OSB mill

Georgia-Pacific has announced that it will be investing $20 million in its Alcolu, South Carolina OSB mill. The project [...]

Swedish sawmills plan record investments in production capacity expansions

Swedish sawmills have made record results in 2021 and there are plans for record investments and increased timber demand in [...]

Tightening sawlog supply in US South

The US South's softwood industry has enormous potential for a variety of reasons. The region has a significant forest [...]