Interfor to curtail operations Gilchrist sawmill; lays off 130
Vancouver, B.C.-based Interfor Corporation will lay off 130 of its 150 Gilchrist mill workers, starting late next month [...]
May 25, 2020
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Russian lumber, roundwood exports decline sharply in Q1/2020
In January-March 2020, Russian lumber suppliers reduced exports by 7.7%. The export volume amounted to 4.1 million [...]
May 25, 2020
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Call for FLEGT measures to be extended and deepened
While there was broad support for the FLEGT process and the EUTR, there was also a call for the FLEGT [...]
May 25, 2020
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UPM, Stora Enso and Metsä prepared to face the economic downturn caused by the coronavirus
Despite the coronavirus pandemic, the early part of the year was still reasonably good for large Finnish forestry companies. [...]
May 21, 2020
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EU organisations reaffirm their support for FLEGT and EUTR
Feedback received by the EC on their “fitness check” of the FLEGT and EUTR regulations indicates a high degree of [...]
May 21, 2020
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N. American softwood lumber prices jumped once again last week
A lot of regular life activities remain unknown as various jurisdictions “open up” from the Covid19 isolation and quarantine. Regardless [...]
May 21, 2020
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Canfor to close Isle Pierre sawmill due to COVID-19
Canfor Corporation announced it will be closing its Isle Pierre sawmill, which is located near Prince George, British Columbia. [...]
May 21, 2020
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Klausner Lumber One to be sold in 90 days; valued at US$ 140 million
The Klausner Group's first US sawmill, Klausner Lumber One in Florida, is scheduled to be sold within 90 days [...]
May 21, 2020
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Lithuanian roundwood prices fall sharply in March 2020
In March 2020, pine logs in Lithuania were priced at € 56/ m3 (-24% compared to March 2019), spruce logs at [...]
May 21, 2020
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COVID-19 negatively affecting business for 58% of wood pellet producers globally
A pellet producer survey shows that the COVID-19 pandemic is impacting raw material availability. Most producers expect costs to [...]
May 20, 2020
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