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Companies in the timber industry

The European Commission doesn’t consider a timber export ban

Recently, more than 9000 European wood processing companies have signed the "Stop Log Exports" petition to be submitted to the [...]

Vietnamese wood industry paralyzed due to new coronavirus outbreaks

The ongoing coronavirus outbreaks are now threatening to bring the Vietnamese timber industry to its knees, with businesses and associations [...]

Canfor to cut production at BC sawmills by 20%

Canfor Corporation announced that it will implement reduced operating schedules at its BC sawmills, with the exception of WynnWood, starting [...]

Russia: Who will win or lose from the roundwood export ban?

In Russia, from January 1, 2022, a complete ban will be introduced on the export of unprocessed or roughly processed [...]

New investments in Russia’s forest industry

Russia is investing in the forest industry, and new plants are planned in Arkhangelsk and Karelia.     [...]

Canadian Conifex suspends production due to “unprecedented collapse in lumber prices”

Conifex Timber Inc. said it will temporarily slow production at its sawmill in Mackenzie, British Columbia, due to an “unprecedented [...]

US Investment fund to acquire majority stake in Europe’s largest wood pellet producer

Apollo Global Management, Inc. announced that funds managed by its affiliates have agreed to acquire a majority stake in AS [...]

Canadian lumber giants to lose huge profit gains as demand recedes

North American lumber producers are expected to see a dip in current-quarter profit after lumber demand for do-it [...]

Interfor announces US$ 30 million sawmill expansion

Interfor Corp. plans to invest $30 million to expand its Summerville sawmill, just months after acquiring the business from WestRock [...]

French sawmills want to curb massive log exports to China

China is buying more and more French timber. The French National Timber Federation wants to curb these exports to protect [...]