Canfor to back Jim Pattison’s billion-dollar takeover bid
A special committee of Canfor’s board has approved an almost $1-billion offer from a Jim Pattison company to [...]
October 31, 2019
Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Pulp & Paper / Sawmilling / Wood Products / Global / North America
The United States will support Brazil to protect the Amazon rainforest
The US Secretary of State Mike Pompeo and Brazilian Foreign Minister Ernesto Araújo signed an agreement in Washington on [...]
October 29, 2019
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B.C. forestry crisis in figures: 25% fall in export sales and a $3.4 billion loss
The crisis in British Columbia’s forestry sector that saw more than 20 sawmills close or curtail production over the [...]
October 29, 2019
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Main trends of the global wood pellets market in the next decade
Western Europe has long been the world’s largest market for wood pellets used in heat and power production. But [...]
October 28, 2019
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B.C. logging companies diversifying products amid high fibre costs, oversupply and low lumber prices
British Columbia forest sector's woes ranging from high wood costs, declining AAC, US duties, market oversupply and low lumber [...]
October 28, 2019
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North American hardwood prices drop sharply in Chinese timber markets
The recent price of North American red oak fell by 500-600 yuan/cubic meter (US$ 70-85/m3) in [...]
October 25, 2019
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Kronospan starts particleboard production at its new production facility in Alabama, US
Kronospan produced first panel at its Oxford particleboard operation in Alabama, USA on October 9, 2019. [...]
October 25, 2019
Companies in the timber industry / Daily News / Global Trends / Wood Products / Wood-based panels / Europe / Global / North America
Canfor reports heavy loss for Q3/2019 amid weak lumber market conditions
Reflecting weak global market conditions and a challenging fibre cost environment in British Columbia, for the third quarter of 2019 [...]
October 25, 2019
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USA becoming a more attractive market for the European softwood lumber
European softwood lumber shipments to the US have reached levels unseen since before the global financial crisis. Exports almost doubled [...]
October 24, 2019
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U.S. hardwood industry to disintegrate from trade war with China
A possible trade deal with China announced this month might not be broad enough to save U.S. hardwood timber [...]
October 24, 2019
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Wood Products / Wood-based panels / China / Global / North America