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North America

Cross laminated timber market projected to reach nearly $3 billion by 2028

Cross Laminated Timber Market is expected to reach US$ 2.99 Billion in 2028, growing at a CAGR of 14 [...]

Top 15 biggest lumber producing companies in the world

GWMI picked the top 15 companies across the globe based on their softwood lumber production figures for 2021. The list [...]

Global demand for timber could grow fourfold by 2050

The World Bank forecasts that global timber demand will quadruple by 2050, driven by economic and population growth. Gresham House [...]

Housing slowdown may mean more downtime for N. American lumber producers

With signs that U.S. inflation has peaked, expectations are becoming more widespread for the Fed to begin tapering rate [...]

China: Considerable rise in European spruce log inventories

Softwood log inventories at China’s main ocean ports totaled 3.72 million m3 on October 29th, 2022, a slight [...]

Warren Buffet’s investment company buys stake in Louisiana-Pacific

In the course of the third quarter, the investment company Berkshire Hathaway, managed by Warren Buffett, acquired a total of [...]

Wood industry at COP 27: Combining climate protection and business

At the COP 27 UN Climate Change Conference in Sharm el-Sheikh, Egypt, Austria's timber industry is focusing on [...]

US lumber: Post-bubble prices under further pressure

US lumber futures continued to fall over the past few months as weakening housing markets in major economies amid rising [...]

Global economic slowdown overshadows near-term market outlook for the wood industry

Most countries in the world are experiencing slower economic growth or economic contraction. Certainly, those with global influence are performing [...]