Biesse Group to refocus its strategy in China
The Biesse Board of Directors meeting - held on December 20th in the corporate offices in Pesaro - analyzed the Chinese demand [...]
January 7, 2020
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Egger posts 3.4% growth in the first half of its financial year 2019/2020
The Egger Group, has completed the first half of its financial year 2019/2020 with a consolidated turnover of EUR [...]
January 6, 2020
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Resolute Forest acquires Conifex Timber’s 3 U.S. sawmills
Resolute Forest Products Inc. announced it will acquire Conifex Timber Inc. 's three U.S. sawmills for $163 million, plus [...]
January 6, 2020
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Brexit “awful for the UK plywood market”
“Brexit has been awful for the market, with uncertainty affecting demand, projects delayed and households deferring spending,” said a UK [...]
January 6, 2020
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$1-billion takeover bid of forestry giant Canfor fails
Lumber giant Canfor has terminated an arrangement agreement between the company and Jim Pattison’s Great Pacific Capital Corporation. [...]
December 19, 2019
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Weyerhaeuser sells Montana timberlands
Weyerhaeuser Company announced an agreement to sell its 630,000 acres of timberland in Montana to a private timberland investment [...]
December 19, 2019
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Analysis of China’s current wood processing industry capacity
The output value of China’s timber processing and wood products industries in 2018 was RMB1.3 trillion, accounting for [...]
December 19, 2019
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Canfor’s takeover by Jim Pattinson facing growing opposition from shareholders
The bid by billionaire Jim Pattison to take Canfor Corp. private is facing growing opposition from shareholders, though the investment [...]
December 17, 2019
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Moody’s forecasts positive outlook for the wood products sector in 2020
-For the wood products and timberland sub sector, Moody’s says operating earnings will increase by [...]
December 16, 2019
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FSC acts on potential fraud Paulownia wood supply chain in Asia
Following an extensive investigation into Paulownia wood supply chains, FSC has taken initial action against a number of companies that [...]
December 16, 2019
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