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Companies in the timber industry

China to reduce tariffs on certain wood products

China’s Custom Tariff Commission of the State Council has reduced tariffs on certain forestry products imported into the country [...]

Ocean freight rates at record levels

Global container freight rates continued to sky-rocket into the new year as major freight companies applied surcharges for premium [...]

Siempelkamp to deliver new particleboard plant to Russia

The Russian wood-based panels manufacturer Uvadrev-Holding placed an order with Siempelkamp for a new particleboard plant.   [...]

UFPI’s subsidiary acquires Spartanburg Forest Products

UFP Industries, Inc. announced that one of its wholly owned subsidiaries, Sunbelt Forest Products Corporation, signed an agreement to purchase [...]

US Department of Commerce set to reinstate higher Canadian softwood lumber duties

The Commerce Department intends to reinstate higher anti-subsidy duties on certain imports of Canadian softwood lumber, after concluding it [...]

Austrian Pfeifer Group to double its CLT capacity

The Austrian Pfeifer Group is increasing its production capacity to 100,000 m³ cross laminated timber (CLT) annually with the [...]

Louisiana-Pacific to convert Houlton OSB mill

Louisiana Pacific Corp., (LP) has announced it is making an investment of approximately $150 million into its Houlton mill to [...]

Lumber prices in US hit record despite slowdown in sales

Western SPF (spruce, pine, fir) lumber prices rose to a four-digit close for the first time on Tuesday, reaching [...]

Valutec sees rising demand from sawmills in Central Europe

  The last six months' sales to Germany and Austria amount to an order value of just over EUR [...]