Logging companies in difficulty in Russia due to warm winter; wood prices expected to rise 20%
Due to the abnormally warm winter in Russia, a shortage of wood raw materials has formed. Logging equipment sometimes could [...]
March 24, 2020
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Forest products companies in some U.S. states allowed to operate under coronavirus lockdown
The U.S. Department of Homeland Security and the U.S. Department of Labor have both said the forest products [...]
March 24, 2020
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Canadian Pinnacle doesn’t expect wood pellet demand to be affected by coronavirus
From an economic perspective, Pinnacle does not expect demand for pellets to be impacted as the company has long-term [...]
March 24, 2020
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Masisa to sell forest assets in Chile
After a process of almost a year Masisa S.A. announced last Friday, March 20, the agreement for the sale [...]
March 24, 2020
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Survey in UK reveals coronavirus impact on timber industry companies
Around two thirds of the respondents to the survey on the impact of Covid-19 have reported a drop in [...]
March 24, 2020
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China opens door to U.S. softwood exporters exemption from import tariffs
U.S. softwood exporters may soon sell to China duty-free for the first time since August 2018 [...]
March 23, 2020
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Wood products industry declared ‘essential’ by US government
The U.S. Department of Homeland Security on Thursday (March 19, 2020) identified the wood products industry as [...]
March 23, 2020
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Finland’s forest industry struggles with the bark beetle effects, mild winters and coronavirus
At the moment, forest prospects are obscured by unpredictable factors that are completely independent of the Finnish forest [...]
March 23, 2020
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West Fraser to cut lumber production in response to coronavirus pandemic
West Fraser is reducing lumber production at its western Canadian sawmills and temporarily suspending plywood production in Quesnel [...]
March 20, 2020
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Coronavirus and impact on world forest products trade
As the world grapples with a widening impact and unexpected global consequences of the coronavirus, both stock markets [...]
March 20, 2020
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