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Forestry

John Deere starts to cut jobs as it expects sales of the construction and forestry equipment to drop by 15%

Deere & Co. is laying off 57 workers at its Davenport manufacturing plant, saying reduced building activity is expected to [...]

Romania’s Government considers banning wood exports outside the EU

More than half of Romania’s wood exports go outside the European Union (EU), official statistics show. Romanian timber and [...]

Russia surpasses Canada and becomes world’s largest softwood lumber exporter in 2019

Russia has surpassed Canada to become the world’s largest exporter of softwood lumber in 2019 and is on track [...]

Sawlog prices falling in most major markets around the world in 3Q/2019

A plentiful supply of logs coupled with declining demand moved sawlog prices downward in most major markets around the world [...]

US wood products industry pleads for relief from impact of trade dispute

US wood products industry groups have seen a dramatic negative impact on business since the start of the trade dispute [...]

China’s forestry industry posts continuous expansion

China's forestry sector has seen continuous expansion in recent years, an official with the National Forestry and Grassland Administration [...]

Moody’s changes Ilim Timber’s outlook to negative amid cyclical downturn in the global timber industry

Moody's Investors Service has changed Ilim Timber's outlook to negative from positive. At the same time, Moody's [...]

Holzindustrie Schweighofer becomes HS Timber Group

The Holzindustrie Schweighofer Group is getting a new name and look with a soft relaunch of its brand appearance: the [...]