B.C. forestry crisis deepens as Canfor announces 2 week shutdown for all its sawmills
Canfor is shutting down all 10 of its sawmills currently operating in B.C. over Christmas and New Years. [...]
November 26, 2019
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Sales of wood products in Germany increase by 2.5% in 1Q-3Q 2019 despite challenges
After nine months, the German timber trade sector increase its sales across all assortments by 2 [...]
November 26, 2019
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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 [...]
November 26, 2019
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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. [...]
November 25, 2019
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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 [...]
November 25, 2019
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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 [...]
November 25, 2019
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IKEA closes a sawmill in Poland
IKEA Industry will close its sawmill in Chociwel in northwestern Poland. According to the company, the [...]
November 25, 2019
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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 [...]
November 25, 2019
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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 [...]
November 25, 2019
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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 [...]
November 20, 2019
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