Resolute cuts production capacity by 10%
Montreal-based Resolute Forest Products Inc. has decided to curtail production at many of its sawmills during the fourth quarter [...]
November 16, 2018
Companies in the timber industry / Daily News / Forestry / Lumber / Sawmilling / Global / North America
Merger to create UK’s largest independent timber distribution company
Arnold Laver & Co and The National Timber Group have merged to create a timber distribution business with combined revenue [...]
November 16, 2018
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Canfor comes to Europe; acquires 70% of Swedish sawmill company VIDA
Canfor Corporation announced that it has entered into an agreement to purchase 70% of the VIDA Group of Sweden for [...]
November 16, 2018
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Södra buys 111,100 ha of forest land in Latvia
The Swedish Södra Group has this week acquired forest land from the Swedish Bergvik Skog AB. Bergvik Skog AB [...]
November 15, 2018
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Enviva to expand wood pellet capacity
Enviva Partners LP has released third quarter financial results, reporting increased revenue, net income and gross margin. The company also [...]
November 14, 2018
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Italian woodworking machinery industry’s foreign sales drop sharply in Q3/2018
For the Italian woodworking machinery sector, the July-September period reaffirmed the current industry trend, characterized by consolidation after strong [...]
November 14, 2018
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West Fraser to permanently reduce lumber production at Fraser Lake and Quesnel sawmills
West Fraser announced it will permanently curtail approximately 300 million board feet of combined lumber production at its Fraser Lake [...]
November 14, 2018
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Moelven to build a new wood pellet plant
Moelven Pellets A/S placed an order for pellet plant equipment with Hekotek. The launch of the new factory is [...]
November 13, 2018
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Lowe’s to close 51 stores in the N. America
Lowe’s Companies, Inc. announced the wind-down of certain underperforming store locations as part of its ongoing strategic reassessment [...]
November 13, 2018
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Kährs Group to build a wood pellet plant in Nybro, Sweden
Kährs Group is constructing a pellet plant in Nybro, Sweden. The new plant is to be operational in December [...]
November 13, 2018
Companies in the timber industry / Daily News / Global Trends / Wood pellets / Wood Products / Europe / Global