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North America

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]