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Lumber

Recovery in EU wood imports continues in 2018

The total value of EU imports of wood products was 19.44 billion euro in 2018, 5.1% more than [...]

SCA plans to boost production capacity at Tunadal sawmill from 600,000 m3 to 900,000 m3

SCA is applying for a new environmental permit for the Tunadal Sawmill. Instead of the currently permitted maximum of 600 [...]

Stora Enso plans massive lay-offs in Finland due to lumber oversupply and high log prices

Stora Enso prepares for temporary lay-offs in its Wood Products division in Finland. The provisional lay-off plans concern [...]

Finland: Log prices overview for January 2019

In January 2019, the Finnish pine log stumpage price came up to EUR 60.0 per m3, and the spruce [...]

Bergs Timber to cease operations at two sawmills

Bergs Timber made a review of all production facilities during the autumn and as a result, the Board has decided [...]

Around 500 Chinese-owned sawmill firms are currently operating in Russia

Russia’s softwood lumber production and exports have risen dramatically in recent years. Russian softwood lumber production, estimated at 39 [...]

Canfor’s lumber shipments drop 14% in Q4 /18

Canfor Corporation generated strong financial results in 2018 with reported operating income of $608.6 million, the highest operating earnings [...]

Finnish Pölkky Oy to invest EUR 30 million in its wood production facilities

Finnish Pölkky Oy has announced a major investment program, targeting its production facilities in northern Finland. The investment program [...]

Vietnam aims to reach US$11 billion in wood products exports this year

Vietnam aims to push wood export value beyond US$11 billion this year and to develop a production chain and [...]

Slower pace in US softwood lumber prices

Softwood lumber trading geared down from a faster pace earlier in the month, with traders citing inclement weather as the [...]