Lawsuit against the EU questions the inclusion of wood biomass as ‘renewable energy’
A group of plaintiffs from Estonia, France, Ireland, Romania, Slovakia, Sweden, and the US are filing a lawsuit against the [...]
March 7, 2019
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Canada: Sawmill production falls into a lower gear
The recent lumber curtailments of major Canadian lumber producers, announced back in the fall and winter of 2018, have seriously [...]
March 7, 2019
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Canfor completes acquisition of major stake in Swedish Vida Group
Canfor has completed its purchase of 70% of the Vida Group. The Vida Group is Sweden’s largest privately-owned [...]
March 4, 2019
Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Sawmilling / Wood Products / Europe / Global / North America
Weather conditions weaken the US lumber market
Weather conditions continued to thwart the US softwood lumber trading. Buyers and sellers in US acknowledged that they were tiring [...]
March 4, 2019
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Fibreboard market to experience high revenue growth through 2028
The progress experienced in the setup of urban infrastructures has significantly promoted the demand for fibreboard. This trend is not [...]
February 28, 2019
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Canfor’s lumber shipments drop 14% in Q4 /18
Canfor Corporation generated strong financial results in 2018 with reported operating income of $608.6 million, the highest operating earnings [...]
February 25, 2019
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Slower pace in US softwood lumber prices
Softwood lumber trading geared down from a faster pace earlier in the month, with traders citing inclement weather as the [...]
February 25, 2019
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Is the weakness in the US housing starts a sign of economic recession?
A number of market analysts have pointed to signs of weakness in the U.S. housing market as an indicator [...]
February 22, 2019
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Pinnacle Renewable Energy suspended production at wood pellet plant in Alberta
Pinnacle Renewable Energy announced that operations at its wood pellet production facility in Entwistle, Alberta, Canada, have been temporarily suspended [...]
February 22, 2019
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John Deere posts considerable growth in construction & forestry segment
Deere & Company reported net income of $ 498.5 million for the first quarter of fiscal 2019. Results are impacted [...]
February 20, 2019
Companies in the timber industry / Daily News / Global Trends / Forestry / Wood construction / Wood Products / Global / North America