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Resolute cuts production capacity by 10%

Montreal-based Resolute Forest Products Inc. has decided to curtail production at many of its sawmills during the fourth quarter [...]

Merger to create UK’s largest independent timber distribution company

Arnold Laver & Co and The National Timber Group have merged to create a timber distribution business with combined revenue [...]

Canfor comes to Europe; acquires 70% of Swedish sawmill company VIDA

Canfor Corporation announced that it has entered into an agreement to purchase 70% of the VIDA Group of Sweden for [...]

Latvia: Forest products exports up 14.6% in the first nine months of 2018

In the first nine months of the year, Latvia exported EUR 1.925 billion worth of forestry products, up 14 [...]

Canadian government to invest in a wood pellet and sawmill complex

The Canadian government revealed plans to invest $15 million in Granule 777 Inc. The funds will go towards helping the [...]

Södra buys 111,100 ha of forest land in Latvia

The Swedish Södra Group has this week acquired forest land from the Swedish Bergvik Skog AB. Bergvik Skog AB [...]

Swiss wood pellet prices increase in November

Prices for wood pellets in Switzerland increased slightly in November.     The average price of wood pellets [...]

Enviva to expand wood pellet capacity

Enviva Partners LP has released third quarter financial results, reporting increased revenue, net income and gross margin. The company also [...]

Italian woodworking machinery industry’s foreign sales drop sharply in Q3/2018

For the Italian woodworking machinery sector, the July-September period reaffirmed the current industry trend, characterized by consolidation after strong [...]

West Fraser to permanently reduce lumber production at Fraser Lake and Quesnel sawmills

West Fraser announced it will permanently curtail approximately 300 million board feet of combined lumber production at its Fraser Lake [...]