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Archives: July 2022

Canfor to invest US$210 million to build a new sawmill in southern Alabama

Canfor Corporation will invest approximately US$210 million to build a new, state-of-the-art sawmill complex in southern [...]

German lumber prices start to fall in summer; autumn evolution uncertain

After the outbreak of the Russia-Ukraine war, timber prices rose sharply in most parts of Europe, especially in Germany [...]

European lawmakers battle over whether to limit wood pellets for energy

A European Parliament effort to roll back policies and subsidies that encourage burning wood pellets for energy has suffered a [...]

Finland: Roundwood prices continued to rise in June

In June, an average of EUR 68.6 per cubic metre was paid for pine logs and EUR 72.8 [...]

Europe is experiencing record forest fires

Wildfire conditions in Europe are intensifying, just as Europe experiences an unprecedented heatwave. Fires in parts of France, Spain, and [...]
July 26, 2022 Daily News / Forestry / Europe / Global

North American softwood lumber prices are seeking direction

   North American softwood lumber prices are seeking direction as the housing market finally shows signs of slowing down [...]

Mercer to acquire German HIT Torgau for EUR 270 million

HIT Torgau owns and operates an integrated timber processing facility with wood pallet, lumber, biofuel and energy production.   [...]

Europe’s Nordic forestry giants deliver great results despite tough environment

Forestry giants in Northern Europe, Stora Enso, UPM and SCA, have benefited from the rising prices on their financial results [...]

Japanese lumber prices soaring again

Lumber prices in Japan are soaring in the wake of the Ukraine war. The shortage that began last year was [...]

Stora Enso and Northvolt partner to develop wood-based batteries

Stora Enso and Northvolt are joining forces to create sustainable batteries using lignin-based hard carbon produced with renewable wood [...]