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Global Trends

France: Heatwave expected to bring bark beetle infestation; softwood prices already down sharply

Long waves of heat, dry weather have brought the worst bark beetle infestation in two decades to eastern France, ruining [...]

US to cover 65% of EU wood pellet imports by 2020

The US has the potential to supply 65 percent of the EU wood pellet import demand, at an expected trade [...]

US lumber prices fell after 5 weeks of consecutive growth

After several weeks of consistent growth, the US lumber prices fell quite considerably last week. On average, lumber prices fell [...]

Russian Sveza to set up its own logging company

Russian plywood manufacturer Sveza has set up its own logging company, Sveza Resource LLC. The company is currently conducting pilot [...]

Growth in the European construction sector to slow down in the next three years, says Euroconstruct

European construction output is forecasted to increase by less than 2% in 2019, and by less than 1.5 percentage [...]

Stora Enso plans major investments in its Wood products segment

Stora Enso has initiated feasibility studies for a possible cross laminated timber (CLT) unit in connection with its Ždírec [...]

Sharp rise in EU wood pellet production

With a production of about 16.9 mmt in 2018, about fifty percent of global production, the EU is the [...]

Canfor to further reduce production in BC

The curtailments will reduce Canfor’s annual production output by approximately 400 million board feet.  Canfor Corporation announced [...]

Africa a growth market for furniture

Several African countries have good potential to develop their furniture industry, both for expanding internal consumption and for export markets [...]

Malaysia: Plywood production threatened by declining log supplies and rising costs

The media in Sarawak recently highlighted the impact declining log production and rising production costs are having on the plywood [...]