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Lumber

Singapores’s Sudima to build a $200 million wood processing complex in Russia’s Far East

Singapore's KGK Sudima International Pte Ltd plans to open a high-tech wood processing complex in the Russian Far [...]

Resolute cuts production capacity by 10%

Montreal-based Resolute Forest Products Inc. has decided to curtail production at many of its sawmills during the fourth quarter [...]

Merger to create UK’s largest independent timber distribution company

Arnold Laver & Co and The National Timber Group have merged to create a timber distribution business with combined revenue [...]

Canfor comes to Europe; acquires 70% of Swedish sawmill company VIDA

Canfor Corporation announced that it has entered into an agreement to purchase 70% of the VIDA Group of Sweden for [...]

Latvia: Forest products exports up 14.6% in the first nine months of 2018

In the first nine months of the year, Latvia exported EUR 1.925 billion worth of forestry products, up 14 [...]

Canadian government to invest in a wood pellet and sawmill complex

The Canadian government revealed plans to invest $15 million in Granule 777 Inc. The funds will go towards helping the [...]

West Fraser to permanently reduce lumber production at Fraser Lake and Quesnel sawmills

West Fraser announced it will permanently curtail approximately 300 million board feet of combined lumber production at its Fraser Lake [...]

Sweden: Rising sawlog prices in 3Q/2018

The delivery prices on Swedish sawlog and pulpwood prices rose by 5.5% and 3.4% respectively in the 3Q [...]

Forecast: Canada still a major supplier of softwood lumber to the US in the next decade

The softwood sawmilling sector in Eastern Canada will play an increasingly important role as a key supplier to the growing [...]

Downward trend in Sweden’s softwood lumber exports; deliveries to China and Egypt drop sharply

During January-September 2018, Sweden has exported about 7.4 million m3 of softwood lumber. This represents a -2% decrease [...]