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Archives: July 2022

Domtar to buy Resolute Forest Products for US$ 2.7 billion

Canadian forest products company Resolute Forest Products Inc. has agreed to be bought by pulp manufacturer Domtar Corp. in a [...]

European wood-based panel industry faces a very challenging situation due to supply issues

    European wood-based panel production was up 10% in 2021, according to new stats shared at [...]

Canada sees potential for ‘movement’ on U.S. lumber dispute

Canada sees the potential for some movement toward settling a longstanding dispute with the United States over softwood lumber tariffs [...]

Kronospan to invest more than Euro 400 million in new factory in Tortosa, Spain

Kronospan is investing more than Euro 400 million in a new manufacturing facility of wood-based panels for the furniture [...]

Tolko to invest US$150 million in US sawmill

The Board of Directors of Southeastern Timber Products LLC, an STP-Tolko Partnership (STP) announces a $150 million capital investment [...]

Koskisen sells sawmill operations in Russia

Koskisen’s wood processing company has sold its sawmill operations located in Russia to Cherepovetsles. Koskisen’s Russian operations were [...]

North American lumber prices bounce on equitable supply-demand balance

The significant price cuts of the previous week were successful in spurring renewed demand for softwood lumber materials in North [...]

Brazil doubles plywood exports to EU

In June, Brazilian exports of plywood to the European Union jumped 93% year-on-year to 76 thousand m3. The [...]

Subdued lumber demand in India due to container issues

Demand for lumber in India remains subdued due to ongoing shortages in container availability for exports. Liners are repositioning empty [...]