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Norbord reports lower revenues due to lower panel prices in Europe, falling N. American OSB prices

Norbord Inc. reported Adjusted EBITDA of $33 million in the third quarter of 2019 compared to $36 million in the [...]

Swedish sawmills export less to Europe; more to Africa, China and US

Swedish sawmills delivered less softwood lumber to European destinations in the first eight months of 2019 (-7%). By contrast, deliveries [...]

Russia: Top 10 wood pellet producing companies

Analysts estimate that currently 10 large wood pellet producers manufacture more than 60 percent of total Russian wood pellet production [...]

Euroconstruct: Growth in European construction sector forecast to decrease in the next two years

European construction output is forecasted to increase by less than 2% in 2019, and by less than 1.5 percentage [...]

European beetle spruce logs flood the Chinese market

European beetle spruce logs have flooded the Chinese market. In the first eight months of the year, the EU countries [...]

Largest hardwood producer in US closes two sawmills this month as trade war impacts industry

Tacoma, Washington-based Northwest Hardwoods will close its Mount Vernon, Washington and Maury River, Virginia mills in November, laying off [...]

Vietnam: Growing opportunities to forge new wood products business links in the US

Vietnam’s exports of wood products increased significantly in the first 9 months, most notably exports to the US rose [...]

Vietnam’s wood and forest products exports on track to generate revenue of US$11.0B in 2019

Robust signs since the outset of the year have made Vietnam's timber and forestry sector confident of gaining 11 [...]

Cheap European logs fill the Chinese falling softwood stocks

While log supply from North and South America in China has virtually dried up the volume from Europe continues to [...]

B.C. forestry crisis in figures: 25% fall in export sales and a $3.4 billion loss

The crisis in British Columbia’s forestry sector that saw more than 20 sawmills close or curtail production over the [...]