Finland: Metsä Group, Stora Enso, and UPM plan 6-day lock-out at sawmills, plywood mills
Finnish Forest Industries Federation said on Wednesday it would hold a 6-day lock-out from Dec. 12, closing half [...]
November 27, 2019
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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 [...]
November 27, 2019
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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 [...]
November 27, 2019
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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 [...]
November 26, 2019
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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 [...]
November 26, 2019
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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 [...]
November 26, 2019
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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. [...]
November 26, 2019
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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 [...]
November 26, 2019
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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 [...]
November 26, 2019
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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. [...]
November 25, 2019
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