Canfor to back Jim Pattison’s billion-dollar takeover bid
A special committee of Canfor’s board has approved an almost $1-billion offer from a Jim Pattison company to [...]
October 31, 2019
Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Pulp & Paper / Sawmilling / Wood Products / Global / North America
Market potential for New Zealand’s radiata pine in Vietnam
New Zealand’s Sequal Holdings Ltd. and Vietnam’s VinaFor Saigon have inked a distribution agreement, with the former to [...]
October 31, 2019
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Finland: Forestry giants Stora Enso and UPM report declining profits in Q3/2019
Finland's forestry giants, Stora Enso and UPM, have reported declining profits and smaller production output for the third quarter [...]
October 31, 2019
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Cheap European logs fill the Chinese falling softwood stocks
While log supply from North and South America in China has virtually dried up the volume from Europe continues to [...]
October 29, 2019
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China: Weak market for European birch timber, as Russian birch becomes cheaper
Some Chinese merchants said that this year, due to the short-term factors such as the downturn in the property [...]
October 29, 2019
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The United States will support Brazil to protect the Amazon rainforest
The US Secretary of State Mike Pompeo and Brazilian Foreign Minister Ernesto Araújo signed an agreement in Washington on [...]
October 29, 2019
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Romania: Romsilva to harvest 9.5 million m3 of roundwood in 2020
The Romanian national forest administration Regia Nationala a Padurilor (Romsilva) is planning to harvest 9.5m m³ of roundwood in [...]
October 29, 2019
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B.C. forestry crisis in figures: 25% fall in export sales and a $3.4 billion loss
The crisis in British Columbia’s forestry sector that saw more than 20 sawmills close or curtail production over the [...]
October 29, 2019
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New Zealand’s export prices for logs on the rise as demand in China rises
At Wharf Gate (AWG) prices for export logs delivered to ports around New Zealand in October increased by an average [...]
October 29, 2019
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B.C. logging companies diversifying products amid high fibre costs, oversupply and low lumber prices
British Columbia forest sector's woes ranging from high wood costs, declining AAC, US duties, market oversupply and low lumber [...]
October 28, 2019
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