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Companies in the timber industry

Billionaire Jim Pattinson makes offer to take over Canfor private for almost US$ 1 billion

Jim Pattison's Great Pacific Capital Corp. has made an offer to buy the rest of Canfor Corp. it does [...]

US antidumping rates to rise significantly for Chinese wood flooring imports

The antidumping rates for Chinese engineered wood flooring imports have increased significantly for nearly all Chinese producers, who were previously [...]

Norbord’s Q2/2019 results negatively impacted by lower OSB prices

Norbord Inc., the world’s largest producer of oriented strand board (OSB), reported Adjusted EBITDA of USD 36 million in [...]

Metsa Group attributes poor Q2 result to low price in Asia

The profit of the major Finnish forest industry company Metsa Group worsened remarkably in April-July, as prices in China [...]

Mexican Proteak reports record MDF production

The MDF producer Pro MDF, which belongs to the Mexican Proteak Uno, produced a total of 57,400 m³ of [...]

New Zealand’s Spectrum Group plans to build sawmill on former Waverley Sawmills site

While Waverley Sawmills is closed for business its new owner has been working towards a modern state-of-the-art [...]

Singapore’s Sudima to split planned US$200M wood processing complex in Russia’s Far East

Singapore's Sudima International, which announced earlier that it would build a wood-processing complex in the Primorye Territory worth [...]

EGGER reports record sales figure for its financial year; outlook positive

The wood-based panels giant recorded sales of EUR 2.84 billion and adjusted EBITDA of EUR 425.0 million [...]

FSC sanctions Korean-Indonesian company for clearing tropical forests

The Forest Stewardship Council (FSC) has sanctioned Korean-Indonesian conglomerate Korindo for clearing tropical forests in Indonesia to produce palm [...]

UPM to invest US$2.7 billion in a new pulp mill in Uruguay; company’s pulp capacity to rise by 50%

UPM has made the investment decision to construct a 2,1 million tonne greenfield eucalyptus pulp mill near Paso de [...]