Canfor improves earnings in Q2 due to improved demand and higher prices
For the 2Q 2020, Canfor Corporation reported operating income of $96.9 million, $185.7 million higher than the operating [...]
July 27, 2020
Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Sawmilling / Wood Products / Global / North America
Forecast: Russian timber industry could contract by 30%
The Russian construction industry may contract by almost 50% in 2021 and its revival will take at least two years [...]
July 27, 2020
Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Statistics / Wood Products / Wood-based panels / Global / Russia
UPM quarterly profit falls sharply in Q2/2020
Finnish forestry giant UPM reported on Thursday a smaller-than-expected fall in quarterly profits, saying lockdowns hit paper demand [...]
July 27, 2020
Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Pulp & Paper / Sawmilling / Wood Products / Wood-based panels / Europe / Global
The Netherlands could decide that burning biomass is not sustainable
The Netherlands should phase out the use of biomass for generating electricity as soon as possible, the advisory board of [...]
July 27, 2020
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BC forest industry faces high operating costs and wave of sawmills closures
Softwood lumber prices soared 75% in recent weeks – but that won’t bring closed mills back As governments [...]
July 23, 2020
Forestry / Lumber / Price analysis and info / Pulp & Paper / Sawmilling / Wood Products / Global / North America
Russian government plans to stimulate exports of wood pellets
The Russian government expects to reduce the amount of wood waste by stimulating exports of wood pellets. [...]
July 23, 2020
Daily News / Global Trends / Market Analysis / Wood pellets / Wood Products / Global / Russia
North American prices of softwood lumber continue upward trend as demand flows East
Unabated purchasing of North American construction framing softwood lumber moved prices higher last week, as customers turned to the eastern [...]
July 23, 2020
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UPM to reduce plywood production by the end of the month
UPM Jyväskylä plywood mill to be permanently closed on 31.07.2020, UPM announced. The jobs cut will be [...]
July 23, 2020
Companies in the timber industry / Daily News / Global Trends / Wood Products / Wood-based panels / Europe / Global
SCA boosts wood harvesting level by 1 million m3/yr
SCA has confirmed a new harvesting plan which shows that the harvesting level in the own forest will increase over [...]
July 23, 2020
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Germany’s biggest sawmills expected to rise production this year despite pandemic
Last year, Germany’s biggest sawmills again raised their cutting volume. As to 2020, companies are optimistic, too, despite the [...]
July 21, 2020
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Wood Products / Europe / Global