BC’s forest products sector, amid mill shuts, job losses, in worse crisis than during 2008 global meltdown
The crisis facing British Columbia's forest industry is intensifying as markets decline, mills shut and a strike involving 3 [...]
January 24, 2020
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Wood Products / Global / North America
Finland: Highly probable strikes at sawmills and plywood factories could cause damages of EUR 1 billion
If the strikes threatening the forest industry were to happen, the damage could amount to nearly 1 billion euros. [...]
January 24, 2020
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Uncertain market conditions continue to affect Setra’s earnings
Swedish wood products company Setra has reported an operating profit of SEK 95 (287) million for the period January–September [...]
January 24, 2020
Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Sawmilling / Wood construction / Wood Products / Europe / Global
Gelo Holzwerk invests in a new sawmill in Germany
Gelo Holzwerk announced EUR 38.5 million greenfield investment in a completely new sawmill location at the Wunsiedel energy park [...]
January 24, 2020
Companies in the timber industry / Daily News / Global Trends / Lumber / Sawmilling / Wood Products / Woodworking machinery / Europe / Global
50% of Czechia’s softwood forests are threatened by the bark beetle
With its largely softwood forests, the Czech Republic is one of the European countries most affected by the ongoing bark [...]
January 23, 2020
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North American softwood lumber prices mostly flat despite skyrocketing U.S. housing starts
New home building in the U.S. skyrocketted by almost 17 per cent last month, however, this is after an [...]
January 23, 2020
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Sweden sends a record batch of softwood lumber to the United States
Last week, the ship MS Saga Faith, loaded with lumber in the amount of more than 65 thousand cubic meters [...]
January 23, 2020
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Segezha Group acquires Finnish sawmill
The Segezha Group has acquired Karelian Wood Company, a sawmill owned by Pin Arctic Oy in Kostomuksha in the Republic [...]
January 21, 2020
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Sharp drop in export of hardwoods to China has important implications for American hardwoods in Europe
Headline figures for sawn hardwood consumption in Europe show that demand has been flat for the last decade. However, these [...]
January 21, 2020
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Sawlog prices fallen substantially in Central Europe makes the sawmilling sector in the region more competitive
Sawlog prices fell throughout the world in 2019 with European prices declining the most, resulting in a more competitive sawmilling [...]
January 21, 2020
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