Conifex expects further reduction in lumber shipments
Conifex Timber Inc. reported results for the second quarter ended June 30, 2019. The company incurred net loss [...]
August 19, 2019
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Finnish sawmilling group Polkky to build 100,000 m3/year planing mill
Pölkky Oy has announced the construction of a new planing mill in Taivalkoski, Finland. The new facility will have [...]
August 19, 2019
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Conifex to indefinitely curtail its El Dorado sawmill; citing low lumber prices
Conifex Timber Inc. announced that it is indefinitely curtailing operations at its El Dorado sawmill. The curtailment is [...]
August 14, 2019
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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 [...]
August 13, 2019
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North American lumber production on a downward trend; Canadian output drops by 10%
U.S. sawmills produced 14.647 billion board ft. (bbf) of softwood lumber in the first five months of 2019 [...]
August 12, 2019
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New production curtailments in BC announced by Sinclar Group
In another hit to the B.C. forest industry, the Sinclar Group announced temporary production curtailments at lumber operations in [...]
August 2, 2019
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More competitive sawlog costs in Germany drive the lumber industry export sales
Large volumes of storm and insect damaged trees in Germany have resulted in an oversupply of logs and declining sawlog [...]
July 24, 2019
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China is still a crucial market for the US hardwood industry
The market value for the U.S. hardwood lumber exports has fallen from $2.1 billion in 2017 to $1 [...]
July 8, 2019
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Binderholz plans to double sales to the US market in the next three years
Austrian Binderholz is planning to boost its US business through a holding company established specifically for this purpose. Binderholz US [...]
July 4, 2019
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China drastically reduces imports of Russian logs and switches to lumber
In January-May, log imports to China from Russia declined 26.2% y-o-y to 3.6 million m3 [...]
July 4, 2019
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