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Finland: Dropping sawlog prices in October

Prices for sawlogs in Finland continued the downward trend in October 2019. The average price for pine sawlogs was EUR [...]

IKEA to acquire 42,000 acres of forestland in East Texas

IKEA has acquired 42,000 acres of forestland in East Texas to source wood for its furniture.    [...]

NAFTA says U.S. can‘t show harm from Canadian softwood industry

A joint NAFTA panel has given the United States three months to rethink its tariffs on imported Canadian softwood lumber [...]

Shortage of log supply in China, demand starts to rise sharply

The price for an A grade log in the China log market has risen to 124 per JASm3. There is [...]

IKEA closes a sawmill in Poland

IKEA Industry will close its sawmill in Chociwel in northwestern Poland.     According to the company, the [...]

UK’s Drax plans to increase its wood pellet capacity up to 5 million tons

Drax Group plc released a trading statement on Nov. 19 announcing the company plans to have 5 million metric tons [...]

Asian pulp and paper markets slow down as global economy cools

From January to August 2019, production of paper products and pulp recorded mixed trends across selected markets. Whereas production increased [...]

Ukraine: New cross-laminated timber (CLT) plant to begin production this month

     Ukrainian Holding Sawmilling Company (UHLK) is currently running a trial at its new CLT production [...]

BC forest companies find business opportunities in China and Japan

B.C.’s forests minister Doug Donaldson and 35 senior executives from B.C. forest companies and associations wrapped up [...]