Interfor takes minority interest in GreenFirst Forest Products, continuing expansion in eastern Canada
B.C. lumber giant Interfor Corp laid the groundwork for additional expansion in Eastern Canada this week by buying a [...]
May 4, 2022
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The Russian invasion, Covid and inflation overshadow the outlook of the Finnish sawmill industry
The uncertainty caused by the Ukraine war is also reflected in the demand for Finnish lumber. Uncertainty in the market [...]
May 3, 2022
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HS Timber buys sawmill in Finland
HS Timber Group, formerly known as Holzindustrie Schweighofer Group, has acquired 100% of the shares in the Finnish [...]
May 3, 2022
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Global supply-chain congestion may be showing signs of easing
Port bottlenecks that have increased supply-chain congestion because of the war in Ukraine and lockdowns in China may be [...]
May 3, 2022
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High demand and prices lead to record first quarter for Moelven
The international market situation for wood products and rising prices are contributing to a strong start for Moelven in 2022 [...]
May 3, 2022
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Russian timber companies ask for state support due to sanctions
Russian business associations "Opora Rossii" and "Business Russia" sent a set of proposals to Deputy Prime Minister Victoria Abramchenko on [...]
May 3, 2022
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Significantly reduced log supply to China
The total log demand in China has reduced since last year’s real estate and construction crisis in China due [...]
May 2, 2022
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North American lumber demand expected to remain high even if a recession occurs
With Russia’s war in Ukraine, runaway inflation and rising interest rates, analysts and economists speaking at a Council of [...]
May 2, 2022
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Intense negotiations underway on EU “deforestation free” law
Intense negotiations continue within the European Council and European Parliament towards agreement of a final text of the law "on [...]
May 2, 2022
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Metsä Group reports profit jump Q1/2022
Metsä Group's net sales for the first quarter increased by almost EUR 200 million to 1.59 billion. The [...]
May 2, 2022
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