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North America

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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.     [...]

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 [...]

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 [...]

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 [...]