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India: 60 million homes building plan will require huge volumes of wood products

The Indian government’s plan to build around 60 million homes for the Indians between 2018 and 2024 could generate [...]

US: Canadian lumber tariffs impacting Southern Yellow Pine prices

With the recently-announced tariffs on Canadian softwood lumber imports into the US, a lot of unanswered questions are floating [...]

Valutec to deliver continuous kiln to Swedish Vida

Vida Alvesta has chosen to invest in a continuous kiln from Valutec. The investment will increase the drying capacity at [...]

Long-term implications of Brexit for EU wooden furniture market

Looking to the future, the UK’s decision to withdraw from the EU, an event scheduled to take place by [...]

China: Output from redwood enterprises falls

It is estimated that there were 15,000 Chinese redwood enterprises in 2016 with annual output value of RMB90 billion [...]

Weyerhaeuser to sell timberlands and operations in Uruguay

Weyerhaeuser, one of the world's largest private owners of timberlands, has agreed to sell its timberlands and related manufacturing [...]

Stable softwood lumber prices in Austria

In May, the prices of softwood lumber in Austria are largely stable as compared to April. The prices either are [...]

Ilim Group to invest 53 billion rubles in a woodworking complex in Irkutsk region

The Irkutsk region administration has agreed with the Ilim group about investments into the region of more than EUR 831 [...]

Brazil: Exports of wood products up 16% in April

In April 2017 Brazilian exports of wood products (except pulp and paper) increased 16% in value compared to April 2016 [...]