Moody’s: coronavirus pandemic, oversupply to limit price recovery in the global forest products industry
The coronavirus pandemic is pressuring global demand and the oversupply across many regions will either limit price recovery or drive [...]
June 22, 2020
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Austria is launching € 400 million forest aid packages
On June 16, Austria launched a package for tax relief for agriculture and for investments in climate-friendly forestry in [...]
June 22, 2020
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Bergs Timber’s sold Swedish sawmills to switch operations towards more processed products
Bergs Timber signed an agreement with Vida Aktiebolag on the sale of Bergs's Swedish sawmill business. [...]
June 19, 2020
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Wood product exporters to benefit from the newly ratified Vietnam/EU trade deal
The government in Vietnam has ratified the Vietnam/EU trade deal which, it is hoped, will help boost the country [...]
June 19, 2020
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Falling pellet prices in Germany
As is usual in the season, wood pellets' prices fell again in June in most regions of Germany. [...]
June 19, 2020
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Sawmills in Sweden taking advantage of the ongoing pandemic
The Swedish sawmills are advancing their positions on the global lumber market during the ongoing pandemic. [...]
June 19, 2020
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Canfor continues expansion in Europe: subsidiary makes sawmill acquisitions
Canfor Corporation reported that its 70%-owned subsidiary, Vida Group, has entered into an agreement to purchase three sawmills in [...]
June 18, 2020
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Poland: a growing market for pellets
The Polish wood pellet industry is focused on growing exports to Italy, Germany, and Denmark, as well as increasing domestic [...]
June 18, 2020
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Temporary obligation for the Austrian sawmill industry to buy damaged wood
Due to the bark beetle outbreak, the Austrian legislator is proposing to amend the Austrian Forest Act proposing a provision [...]
June 18, 2020
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UK tropical wood trade succumbs to pandemic impact
The value of UK imports of tropical wood products was US$360 million in the first four months of 2020 [...]
June 18, 2020
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