Moody’s: coronavirus pandemic, oversupply to limit price recovery in the global forest products industry
The coronavirus pandemic is pressuring global demand and the oversupply across many regions will either limit price recovery or drive [...]
June 22, 2020
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Enviva to acquire two pellet plants
Enviva Partners LP announced on June 18 it has agreed to purchase a wood pellet plant located in Waycross, Georgia [...]
June 22, 2020
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Bergs Timber’s sold Swedish sawmills to switch operations towards more processed products
Bergs Timber signed an agreement with Vida Aktiebolag on the sale of Bergs's Swedish sawmill business. [...]
June 19, 2020
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Canada launches investigations into plywood from China
The complaint alleges Canadian industry is facing an increase in the volume of the dumped and subsidized imports [...]
June 19, 2020
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Canfor continues expansion in Europe: subsidiary makes sawmill acquisitions
Canfor Corporation reported that its 70%-owned subsidiary, Vida Group, has entered into an agreement to purchase three sawmills in [...]
June 18, 2020
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Hardwood industry to propose COVID-19 relief policies to U.S. Senate
The Hardwood Federation has proposed several policies to the U.S. Senate regarding hardwood workers and companies hurt [...]
June 17, 2020
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Canada’s forestry industry is struggling in 2020
Under the challenge of US timber tariffs, the new coronavirus pandemic will undoubtedly worsen the Canadian forestry industry's situation [...]
June 17, 2020
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Stora Enso uses drones to identify insect from the air
Stora Enso’s drone research used a drone and a multispectral camera to detect insect damages in Finnish forests. The [...]
June 15, 2020
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US companies testify against certifying unsafe plywood from Brazil
Product Advisory notices have been sent to importers, Building Code Associations and Homebuilder Associations throughout the U.S. warning against [...]
June 12, 2020
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Italian wood furniture technology heavily impacted by COVID-19
According to the analysis of data collected by the Studies Office of Acimall, the Confindustria-member association representing the Italian [...]
June 12, 2020
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