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Forestry

China plans a US$ 1.5 billion timber processing complex in Russia’s Krasnoyarsk region

China plans to invest up to 10 billion yuan (about $ 1.5 billion) in a timber processing complex in the [...]

Norra Timber invests in new continuous kilns in Sweden

Norra Timber is currently modernising its kiln capacity with two new energy-efficient cross-circulation continuous kilns, also known as [...]

US softwood lumber prices on the rise in mid-November

US softwood lumber traders absorbed a heavy news week that sent mixed signals to an uncertain marketplace. However, chief among [...]

Estonia: Growth in roundwood prices consolidates in September

The sharp rise in roundwood prices in Estonia at the beginning of the year consolidated in August and September. Both [...]

Canadian lumber companies in trouble: high log prices and low supply cause production curtailments

Hundreds of sawmill workers are being laid off in B.C., some of them permanently, despite recent record profits made [...]

Russia boosts lumber exports in January-September 2018

In January-September 2018, Russia increased its softwood lumber exports, both in value and in volume terms, indicate the statistics [...]

Resolute cuts production capacity by 10%

Montreal-based Resolute Forest Products Inc. has decided to curtail production at many of its sawmills during the fourth quarter [...]

Canfor comes to Europe; acquires 70% of Swedish sawmill company VIDA

Canfor Corporation announced that it has entered into an agreement to purchase 70% of the VIDA Group of Sweden for [...]

Latvia: Forest products exports up 14.6% in the first nine months of 2018

In the first nine months of the year, Latvia exported EUR 1.925 billion worth of forestry products, up 14 [...]

Södra buys 111,100 ha of forest land in Latvia

The Swedish Södra Group has this week acquired forest land from the Swedish Bergvik Skog AB. Bergvik Skog AB [...]