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Forestry

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]