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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 [...]

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 [...]

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 [...]

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.     [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]