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Wood Products

Conifex’s lumber segment lenders approve asset divestment and restructuring plan

Conifex Timber Inc. announced that the agent for its lumber segment lenders approved in principle Conifex's proposed asset divestment [...]

Asia’s largest continuous press production line starts production in China

On November 23, 2019, the signing ceremony of Shouguang Luli Wood Industry Co., Ltd. with an annual output of 600 [...]

Improving market conditions for U.S. hardwood in the Chinese market

Recently, the weakness of the U.S. hardwood industry has not improved, and shipments to China of various types of [...]

B.C. mass timber suppliers see surging sales in Canada, US

As the B.C. commodity lumber sector shutters mills, the B.C. value-added sector serving mass timber construction is [...]

IHC 2019: Hardwood industry marked by trade tensions and general economic slowdown

On November 20-21 the 2019 edition of the International Hardwood Conference (IHC) took place in Berlin. The international meeting [...]

B.C. forestry crisis deepens as Canfor announces 2 week shutdown for all its sawmills

Canfor is shutting down all 10 of its sawmills currently operating in B.C. over Christmas and New Years.  [...]

Sales of wood products in Germany increase by 2.5% in 1Q-3Q 2019 despite challenges

    After nine months, the German timber trade sector increase its sales across all assortments by 2 [...]

Finland: Dropping sawlog prices in October

Prices for sawlogs in Finland continued the downward trend in October 2019. The average price for pine sawlogs was EUR [...]

IKEA to acquire 42,000 acres of forestland in East Texas

IKEA has acquired 42,000 acres of forestland in East Texas to source wood for its furniture.    [...]

NAFTA says U.S. can‘t show harm from Canadian softwood industry

A joint NAFTA panel has given the United States three months to rethink its tariffs on imported Canadian softwood lumber [...]