Moody’s: coronavirus pandemic, oversupply to limit price recovery in the global forest products industry
The coronavirus pandemic is pressuring global demand and the oversupply across many regions will either limit price recovery or drive [...]
June 22, 2020
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Enviva to acquire two pellet plants
Enviva Partners LP announced on June 18 it has agreed to purchase a wood pellet plant located in Waycross, Georgia [...]
June 22, 2020
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British Columbia looks to implement construction of mass timber buildings across the province
British Columbia Premier John Horgan has announced that the province is taking steps to strengthen its forest and timber industry [...]
June 22, 2020
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Bergs Timber’s sold Swedish sawmills to switch operations towards more processed products
Bergs Timber signed an agreement with Vida Aktiebolag on the sale of Bergs's Swedish sawmill business. [...]
June 19, 2020
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Canada launches investigations into plywood from China
The complaint alleges Canadian industry is facing an increase in the volume of the dumped and subsidized imports [...]
June 19, 2020
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Sawmills in Sweden taking advantage of the ongoing pandemic
The Swedish sawmills are advancing their positions on the global lumber market during the ongoing pandemic. [...]
June 19, 2020
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Canfor continues expansion in Europe: subsidiary makes sawmill acquisitions
Canfor Corporation reported that its 70%-owned subsidiary, Vida Group, has entered into an agreement to purchase three sawmills in [...]
June 18, 2020
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China says pests found in Canadian exports of logs, asks for investigation
China's foreign ministry has asked Canada to investigate pests found in shipments of logs, spokesman [...]
June 18, 2020
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US softwood lumber prices stabilize; inventories weak
After a wild ride down then up over the past few months, most standard construction framing dimension softwood lumber prices [...]
June 18, 2020
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Hardwood industry to propose COVID-19 relief policies to U.S. Senate
The Hardwood Federation has proposed several policies to the U.S. Senate regarding hardwood workers and companies hurt [...]
June 17, 2020
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