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Forestry

Canfor’s lumber shipments drop 14% in Q4 /18

Canfor Corporation generated strong financial results in 2018 with reported operating income of $608.6 million, the highest operating earnings [...]

Finnish Pölkky Oy to invest EUR 30 million in its wood production facilities

Finnish Pölkky Oy has announced a major investment program, targeting its production facilities in northern Finland. The investment program [...]

Vietnam aims to reach US$11 billion in wood products exports this year

Vietnam aims to push wood export value beyond US$11 billion this year and to develop a production chain and [...]

Slower pace in US softwood lumber prices

Softwood lumber trading geared down from a faster pace earlier in the month, with traders citing inclement weather as the [...]

Finland: Roundwood prices up 6% in 2018

For the Finnish wood industry, the year 2018 was characterized by a clear rise in the real stumpage prices of [...]

China plans to boost its forestry industry output by 50% until 2025

China's top forestry authority has made plans to boost the forestry industry and set development goals. The industry pledges [...]

John Deere posts considerable growth in construction & forestry segment

Deere & Company reported net income of $ 498.5 million for the first quarter of fiscal 2019. Results are impacted [...]

Stora Enso to cut a shift at Ala sawmill in Sweden, part of the costs reduction plan

In Sweden, Stora Enso has announced that 23 employees at its sawmill in Ala have received layoff notices. This stems [...]

Lumber exports from British Columbia to China start to go down, as demand decreases

British Columbia's lumber exports to China are decreasing, as the country's slowing economic growth traces demand for one [...]

US softwood lumber production on the rise, while Canadian output falls

U.S. sawmills produced 32.441 billion board feet (bbf) of softwood lumber in the first 11 months of 2018 [...]