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Forestry

Europe is massively expanding softwood logs exports to China, as domestic market is hit by oversupply

- China is increasing importation of logs from New Zealand and Europe, while diminishing imports from North America and Russia  [...]

Russia’s Far East: Huge timber reserves are unexploited sufficiently

Almost half of the lands of the forest fund of the Russian Federation (556.2 million ha, 49%) and a [...]

Resolute Forest acquires Conifex Timber’s 3 U.S. sawmills

Resolute Forest Products Inc. announced it will acquire Conifex Timber Inc. 's three U.S. sawmills for $163 million, plus [...]

Global output of wood products is at 70-year high

The global production and trade of major wood products such as industrial roundwood, sawnwood and wood-based panels have surged [...]

Vietnam’s wood products exports on target to hit US$11.5 billion this year

According to figures from the Vietnam Timber and Forest Product Association (VTFPA), Vietnam’s wood exports value in 2019 is [...]

$1-billion takeover bid of forestry giant Canfor fails

Lumber giant Canfor has terminated an arrangement agreement between the company and Jim Pattison’s Great Pacific Capital Corporation.  [...]

Weyerhaeuser sells Montana timberlands

Weyerhaeuser Company announced an agreement to sell its 630,000 acres of timberland in Montana to a private timberland investment [...]

Analysis of China’s current wood processing industry capacity

The output value of China’s timber processing and wood products industries in 2018 was RMB1.3 trillion, accounting for [...]

Canfor’s takeover by Jim Pattinson facing growing opposition from shareholders

The bid by billionaire Jim Pattison to take Canfor Corp. private is facing growing opposition from shareholders, though the investment [...]

Loggers in US seek relief from sharp drop in China log exports

The Carolina Loggers Association (CLA) has joined logging associations across the United States and the American Loggers Council (ALC) to [...]