Slight decline in U.S. softwood lumber production for Jan.-Oct. 2019
U.S. sawmills produced 29.909 billion board ft. (bbf) of softwood lumber in the first 10 months of 2019 [...]
January 7, 2020
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Europe is massively expanding softwood logs exports to China, as domestic market is hit by oversupply
- China is increasing importation of logs from New Zealand and Europe, while diminishing imports from North America and Russia [...]
January 7, 2020
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Russia’s Far East: Huge timber reserves are unexploited sufficiently
Almost half of the lands of the forest fund of the Russian Federation (556.2 million ha, 49%) and a [...]
January 6, 2020
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Resolute Forest acquires Conifex Timber’s 3 U.S. sawmills
Resolute Forest Products Inc. announced it will acquire Conifex Timber Inc. 's three U.S. sawmills for $163 million, plus [...]
January 6, 2020
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Global output of wood products is at 70-year high
The global production and trade of major wood products such as industrial roundwood, sawnwood and wood-based panels have surged [...]
January 6, 2020
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Vietnam’s wood products exports on target to hit US$11.5 billion this year
According to figures from the Vietnam Timber and Forest Product Association (VTFPA), Vietnam’s wood exports value in 2019 is [...]
January 6, 2020
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$1-billion takeover bid of forestry giant Canfor fails
Lumber giant Canfor has terminated an arrangement agreement between the company and Jim Pattison’s Great Pacific Capital Corporation. [...]
December 19, 2019
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Weyerhaeuser sells Montana timberlands
Weyerhaeuser Company announced an agreement to sell its 630,000 acres of timberland in Montana to a private timberland investment [...]
December 19, 2019
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Analysis of China’s current wood processing industry capacity
The output value of China’s timber processing and wood products industries in 2018 was RMB1.3 trillion, accounting for [...]
December 19, 2019
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Canfor’s takeover by Jim Pattinson facing growing opposition from shareholders
The bid by billionaire Jim Pattison to take Canfor Corp. private is facing growing opposition from shareholders, though the investment [...]
December 17, 2019
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