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North America

New Zealand wood on a high demand as China shuns US exports; export prices near records

Forestry prices in New Zealand — one of the world’s largest timber exporters — are near record highs, thanks largely to [...]

Canadian lumber giants face huge forestry sector crisis

Last week, Canfor Corp. announced that it temporarily curtailed operations at three of its sawmills in British Columbia, because of [...]

Biomass subsidies: New schemes in Europe, first declines in Asia

The support of electricity generated from solid biomass is the most important stimulation for the development of the biomass power [...]

Interfor boosts lumber shipments to China due to Chinese tariffs on US products

Interfor Corp. says the company has markedly increased lumber shipments from Canada to China as a result of tariffs imposed [...]

Swiss Krono to expand in USA with a new MDF and laminate flooring lines

Swiss Krono Group, one of the world’s leading manufacturers of wood-based materials, continues to invest in rural its [...]

US lumber prices continue the upward trend in February

The trading pace in US framing lumber eased from the previous week’s action, but early momentum carried prices higher [...]

European softwood lumber exports to the USA kept on growing in 2018

European softwood lumber exports to the USA continued to rise in 2018, although the pace of growth was significantly lower [...]

Canfor curtails production at three other mills in BC

Canadian lumber giant Canfor has again curtailed production at three of its British Columbia mills.    Citing [...]

Georgia-Pacific to close lumber mill due high timber prices and drop in housing starts

Georgia-Pacific will close Sterling Lumber mill in Brunswick, Georgia, with loss of 120 jobs, amid difficultly in getting timber [...]

Norbord reports record earnings in 2018

Norbord Inc. reported Adjusted EBITDA of $724 million for the full-year 2018 compared to $672 million in 2017 on [...]