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North America

EU wood pellet demand expected to set a new record in 2022

The European Union consumed a record 23.1 million metric tons of wood pellets in 2021, according to a new [...]

Canfor to invest US$210 million to build a new sawmill in southern Alabama

Canfor Corporation will invest approximately US$210 million to build a new, state-of-the-art sawmill complex in southern [...]

European lawmakers battle over whether to limit wood pellets for energy

A European Parliament effort to roll back policies and subsidies that encourage burning wood pellets for energy has suffered a [...]

North American softwood lumber prices are seeking direction

   North American softwood lumber prices are seeking direction as the housing market finally shows signs of slowing down [...]

West Fraser Timber denies Kronospan, CVC takeover

West Fraser Timber Co. Ltd. says it has not received any takeover offer after a report that Kronospan, an existing [...]

Western Forest Products to acquire glulam manufacturer

Western Forest Products Inc. announced that a wholly owned subsidiary of Western has entered into an agreement to acquire certain [...]

CVC, Kronospan eye acquisition of West Fraser Timber

Private equity firm CVC Capital and wood panel manufacturer Kronospan have submitted a joint expression of interest to acquire Canadian [...]

North American softwood lumber prices firm up slightly as field inventories stabilize

The North American forest products manufacturing industry has entered the usual seasonal slower time; although everyone understands that the past [...]

Rising energy prices- an opportunity for the timber industry?

Sawn timber, glued laminated timber and solid construction timber prices are currently well below last year's records. However, factors [...]

North American lumber prices are sending a signal we should not ignore

Lumber is a highly illiquid futures market, making trading, investing, and hedging challenging. The lack of volume and open interest [...]