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Wood Products

China plans a US$ 1.5 billion timber processing complex in Russia’s Krasnoyarsk region

China plans to invest up to 10 billion yuan (about $ 1.5 billion) in a timber processing complex in the [...]

Stora Enso prepares for oversupply in the sawn timber market; layoffs in plan

Finnish-Swedish forest industry company Stora Enso is preparing for oversupply in the sawn timber market.     [...]

Declining furniture trade in China

According to data from China Customs, in the first half of 2018 the value of China’ s furniture exports was [...]

Norra Timber invests in new continuous kilns in Sweden

Norra Timber is currently modernising its kiln capacity with two new energy-efficient cross-circulation continuous kilns, also known as [...]

US softwood lumber prices on the rise in mid-November

US softwood lumber traders absorbed a heavy news week that sent mixed signals to an uncertain marketplace. However, chief among [...]

Estonia: Growth in roundwood prices consolidates in September

The sharp rise in roundwood prices in Estonia at the beginning of the year consolidated in August and September. Both [...]

Georgia-Pacific to close plywood mill

Georgia-Pacific announced plans to close its Warm Springs plywood production facility, resulting in the loss of about 300 jobs [...]

Trends in China’s furniture industry

The furniture industry in China is a traditional industry and it has developed rapidly over the past 30 years. Large [...]

Armstrong to sell its Wood Flooring segment for US$ 100 million

Armstrong Flooring, Inc. has entered into a definitive agreement to sell its Wood Flooring segment to an affiliate of American [...]

Canadian lumber companies in trouble: high log prices and low supply cause production curtailments

Hundreds of sawmill workers are being laid off in B.C., some of them permanently, despite recent record profits made [...]