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Global Trends

Northwest Hardwoods’ bankruptcy approved

Global lumber supplier Northwest Hardwoods secured a Delaware bankruptcy judge's approval last Wednesday to immediately put its Chapter 11 [...]

Japanese save CLT manufacturer Katerra from bankruptcy

The Japanese SoftBank has saved the US CLT manufacturer Katerra from bankruptcy with a cash injection of US $ 200 million [...]

Swedish AB Karl Hedin to expand Krylbo sawmill

Swedish sawmiller AB Karl Hedin intends to build a new planing mill, extra storage capacity and further timber kiln drying [...]

Vietnam to tighten timber laws to avoid US tariff threats

Vietnam’s wood industry, under investigation by the U.S. Trade Representative for allegedly importing illegally harvested or traded timber [...]

Södra to sell prefabricated timber house division

    Södra is divesting Trivselhus AB to housing supplier Svensk Husproduktion with a completion date set [...]

UK timber import stats show continued strong market recovery

    UK's timber and panel import volumes performed strongly in October 2020 for the fifth consecutive [...]

Exports of Finland’s forest industry fall sharply in Jan.-Oct. 2020

In October 2020 the exports value of Finland's forest industry products totaled EUR 0.87 billion. In January-October [...]

U.S. hardwood sector faces multiple issues from trade wars to changing consumption patterns

The biggest issue the hardwood industry faces is loss in domestic consumption. International hardwood export, Michael Snow, comments on key [...]

North American lumber pricing surge expected to persist in 2021

An unexpected rebound in wood product prices in December was boosting profits for Canadian forestry companies but leaving homeowners and [...]