Lumber
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Tolko to extend Armstrong, Soda Creek lumber mill shutdowns
Tolko Industries has announced it will be extending its holiday shutdown period at its Soda Creek and Armstrong Lumber divisions. Late last month, the company stated it would conduct a holiday shutdown through the month of January, but the work stoppage will now carry over through the entire month of February. “We do not make these decisions lightly,” says Troy Connolly, vice-president of Solid Wood. The temporary closure will have a direct impact on the company, reducing production by roughly 35 million board feet of stud lumber. “High log costs and weak lumber markets continue to impact our operating footprint in the province,” says Connolly. “While we strive to ensure consistency and stability for all of our operations, the upward cost pressures in the province combined with the notable decline in lumber demand make the decision necessary,” he... Continue reading
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Swedish sawn timber export prices continue to decline
In November 2022, for the 5th month in a row, Swedish sawnwood export prices continued to decrease: -2.93% compared to the previous month and -31.1% compared to November 2021. However, they remain above their levels of November 2019 (+35.57%) and November 2020 (+19.04%). Compared to October 2022, the prices of red wood fell by -6.5% and those of white wood by -1.2%. Domestic market prices decreased by -2.8% and are currently -32.1% lower than the previous year's prices. As with export prices, domestic prices nevertheless remain above their levels of November 2019 (+28.53%) and November 2020 (+19.27%). During the fall of 2021, Swedish sawn timber prices reached record levels, driven by the pandemic and high demand. And an oversupply of wood products then began to build up both with the builders' merchants and with the buyers. But in early 2022, the supply-demand ratio... Continue reading
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January 24, 2023
Tolko to extend Armstrong, Soda Creek lumber mill shutdowns
Tolko Industries has announced it will be extending its holiday shutdown period at its Soda Creek and Armstrong Lumber divisions. Late last month, the company stated it would conduct a holiday shutdown through the month of January, but the work stoppage will now carry over through the entire month of February. “We do not make these decisions lightly,” says Troy Connolly, vice-president of Solid Wood. The temporary closure will have a direct impact on the company, reducing production by roughly 35 million board feet of stud lumber. “High log costs and weak lumber markets continue to impact our operating footprint in the province,” says Connolly. “While we strive to ensure consistency and stability for all of our operations, the upward cost pressures in the province combined with the notable decline in lumber demand make the decision necessary,” he... Continue reading
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November 28, 2022
Top 15 biggest lumber producing companies in the world
GWMI picked the top 15 companies across the globe based on their softwood lumber production figures for 2021. The list includes companies from several continents and includes privately owned companies as well as publicly listed companies. 15. Moelven Industrier ASA Production Volume in 2021: 2,1161,000 m³ Moelv, Norway-based Moelven Industrier ASA, commonly known as the Moelven Group, is one of the largest industrial wood processing groups in Europe with 33 production companies across 41 locations in Norway and Sweden. The company sells its products through sales offices in Norway, Sweden, Denmark, the UK, Germany, and China. The product portfolio of Moelven Group includes wood products for home, timber for industry, glulam products, building modules and flexible office solutions, as well as woodchip products and bioenergy solutions. Glommen Mjøsen Skog SA and Viken Skog SA,... Continue reading
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January 10, 2023
Mayr-Melnhof to sell a sawmill in Russia
Austrian Mayr-Melnhof Holz sold its sawmill MM-Efimovsky in Russia to Aspek-Les, according to the Unified State Register of Legal Entities of Russia. Since December 30, 2022, the owner of 100% of the shares of Mayer-Melnhof Holz Efimovsky LLC has become Aspek-Les LLC, which belongs to Mikhail Pitkevich. MM-Efimovskiy is no longer listed on the Mayr-Melnhof Holz website. The production capacity of the MM-Efimovsky sawmill is 380 thousand m3 of lumber and 57.6 thousand tons of pellets per year. The main sawmill's export markets are Japan, Korea and China. In 2021, MM-Efimovsky increased sales by 54% to 10.3 billion rubles ($147 million), while net profit amounted to 3.3 billion rubles ($47 million). The sawmill employs 400 people. The sawmill took 29th place in the financial rating of the 50 largest forest based companies in Russia. The Euro 80 million sawmill was launched in... Continue reading
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November 28, 2022
Top 15 biggest lumber producing companies in the world
GWMI picked the top 15 companies across the globe based on their softwood lumber production figures for 2021. The list includes companies from several continents and includes privately owned companies as well as publicly listed companies. 15. Moelven Industrier ASA Production Volume in 2021: 2,1161,000 m³ Moelv, Norway-based Moelven Industrier ASA, commonly known as the Moelven Group, is one of the largest industrial wood processing groups in Europe with 33 production companies across 41 locations in Norway and Sweden. The company sells its products through sales offices in Norway, Sweden, Denmark, the UK, Germany, and China. The product portfolio of Moelven Group includes wood products for home, timber for industry, glulam products, building modules and flexible office solutions, as well as woodchip products and bioenergy solutions. Glommen Mjøsen Skog SA and Viken Skog SA,... Continue reading
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November 28, 2022
Top 15 biggest lumber producing companies in the world
GWMI picked the top 15 companies across the globe based on their softwood lumber production figures for 2021. The list includes companies from several continents and includes privately owned companies as well as publicly listed companies. 15. Moelven Industrier ASA Production Volume in 2021: 2,1161,000 m³ Moelv, Norway-based Moelven Industrier ASA, commonly known as the Moelven Group, is one of the largest industrial wood processing groups in Europe with 33 production companies across 41 locations in Norway and Sweden. The company sells its products through sales offices in Norway, Sweden, Denmark, the UK, Germany, and China. The product portfolio of Moelven Group includes wood products for home, timber for industry, glulam products, building modules and flexible office solutions, as well as woodchip products and bioenergy solutions. Glommen Mjøsen Skog SA and Viken Skog SA,... Continue reading
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November 28, 2022
Top 15 biggest lumber producing companies in the world
GWMI picked the top 15 companies across the globe based on their softwood lumber production figures for 2021. The list includes companies from several continents and includes privately owned companies as well as publicly listed companies. 15. Moelven Industrier ASA Production Volume in 2021: 2,1161,000 m³ Moelv, Norway-based Moelven Industrier ASA, commonly known as the Moelven Group, is one of the largest industrial wood processing groups in Europe with 33 production companies across 41 locations in Norway and Sweden. The company sells its products through sales offices in Norway, Sweden, Denmark, the UK, Germany, and China. The product portfolio of Moelven Group includes wood products for home, timber for industry, glulam products, building modules and flexible office solutions, as well as woodchip products and bioenergy solutions. Glommen Mjøsen Skog SA and Viken Skog SA,... Continue reading
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November 28, 2022
Top 15 biggest lumber producing companies in the world
GWMI picked the top 15 companies across the globe based on their softwood lumber production figures for 2021. The list includes companies from several continents and includes privately owned companies as well as publicly listed companies. 15. Moelven Industrier ASA Production Volume in 2021: 2,1161,000 m³ Moelv, Norway-based Moelven Industrier ASA, commonly known as the Moelven Group, is one of the largest industrial wood processing groups in Europe with 33 production companies across 41 locations in Norway and Sweden. The company sells its products through sales offices in Norway, Sweden, Denmark, the UK, Germany, and China. The product portfolio of Moelven Group includes wood products for home, timber for industry, glulam products, building modules and flexible office solutions, as well as woodchip products and bioenergy solutions. Glommen Mjøsen Skog SA and Viken Skog SA,... Continue reading
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January 24, 2023
Tolko to extend Armstrong, Soda Creek lumber mill shutdowns
Tolko Industries has announced it will be extending its holiday shutdown period at its Soda Creek and Armstrong Lumber divisions. Late last month, the company stated it would conduct a holiday shutdown through the month of January, but the work stoppage will now carry over through the entire month of February. “We do not make these decisions lightly,” says Troy Connolly, vice-president of Solid Wood. The temporary closure will have a direct impact on the company, reducing production by roughly 35 million board feet of stud lumber. “High log costs and weak lumber markets continue to impact our operating footprint in the province,” says Connolly. “While we strive to ensure consistency and stability for all of our operations, the upward cost pressures in the province combined with the notable decline in lumber demand make the decision necessary,” he... Continue reading