Canfor to remain committed to BC, despite recent European acquisition, CEO says
Canfor has reach an agreement to buy 70 per cent of Vida Group for about $580 million. The privately-held [...]
November 20, 2018
Companies in the timber industry / Daily News / Forestry / Lumber / Sawmilling / Wood Products / Europe / Global
US lumber production up by 5%; Canadian output falls
U.S. sawmills produced 23.855 billion board ft. (bbf) of softwood lumber in the first eight months of 2018 [...]
November 20, 2018
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China plans a US$ 1.5 billion timber processing complex in Russia’s Krasnoyarsk region
China plans to invest up to 10 billion yuan (about $ 1.5 billion) in a timber processing complex in the [...]
November 20, 2018
Daily News / Global Trends / Forestry / Lumber / Pulp & Paper / Sawmilling / Wood Products / China / Global / Russia
Stora Enso prepares for oversupply in the sawn timber market; layoffs in plan
Finnish-Swedish forest industry company Stora Enso is preparing for oversupply in the sawn timber market. [...]
November 20, 2018
Companies in the timber industry / Daily News / Global Trends / Lumber / Pulp & Paper / Sawmilling / Wood Products / Europe / Global
Declining furniture trade in China
According to data from China Customs, in the first half of 2018 the value of China’ s furniture exports was [...]
November 20, 2018
Daily News / Global Trends / Market Analysis / Furniture / Statistics / Wood Products / China / Global
Norra Timber invests in new continuous kilns in Sweden
Norra Timber is currently modernising its kiln capacity with two new energy-efficient cross-circulation continuous kilns, also known as [...]
November 19, 2018
Companies in the timber industry / Daily News / Forestry / Lumber / Sawmilling / Wood Products / Woodworking machinery / Europe / Global
Estonia: Growth in roundwood prices consolidates in September
The sharp rise in roundwood prices in Estonia at the beginning of the year consolidated in August and September. Both [...]
November 19, 2018
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Georgia-Pacific to close plywood mill
Georgia-Pacific announced plans to close its Warm Springs plywood production facility, resulting in the loss of about 300 jobs [...]
November 19, 2018
Companies in the timber industry / Daily News / Wood Products / Wood-based panels / Global / North America
Trends in China’s furniture industry
The furniture industry in China is a traditional industry and it has developed rapidly over the past 30 years. Large [...]
November 19, 2018
Daily News / Global Trends / Market Analysis / Furniture / Wood Products / China / Global
Armstrong to sell its Wood Flooring segment for US$ 100 million
Armstrong Flooring, Inc. has entered into a definitive agreement to sell its Wood Flooring segment to an affiliate of American [...]
November 16, 2018
Companies in the timber industry / Daily News / Global Trends / Wood Products / Wood-based panels / Global / North America