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Sawmilling

Resolute Forests Products planning to reopen idled El Dorado sawmill

Resolute Forest Products is continuing plans to reopen its sawmill in El Dorado, Ark., that has been closed since last [...]

Ireland: Forestry crisis deepens as mills seek new supply

The owners of the Ireland's major sawmills have begun warning trade union officials of imminent extensive job losses because [...]

Cheap exports make Germany an important logs supplier to China

China Customs data shows that in the first half of this year China’s log imports totalled 19.68 million [...]

N. American softwood lumber prices partially moderate as plywood go down

Once again the movement of plywood prices, slightly down, let’s us know what will likely happen with North American [...]

Exports of Latvian timber industry are expected to fall this year; US market an opportunity

   The volume of exports of companies in the Latvian wood industry sector could decrease in general this year [...]

Chinese wood processing companies severely impacted by slow demand abroad

   78% of China's wood processing companies currently are affected by the Covid-19 pandemic, while the resumption [...]

Unprecedented lack of lumber in North America

   The downfall in lumber production in North America caused by the Covid-19 pandemic, doubled by still a [...]

Canfor improves earnings in Q2 due to improved demand and higher prices

For the 2Q 2020, Canfor Corporation reported operating income of $96.9 million, $185.7 million higher than the operating [...]

Forecast: Russian timber industry could contract by 30%

The Russian construction industry may contract by almost 50% in 2021 and its revival will take at least two years [...]

UPM quarterly profit falls sharply in Q2/2020

Finnish forestry giant UPM reported on Thursday a smaller-than-expected fall in quarterly profits, saying lockdowns hit paper demand [...]