New timber price increases announced in Sweden
On 1 May, Sveaskog raised the prices of sawlogs and pulpwood in large parts of the country. All sawlog [...]
May 7, 2024
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Canfor lumber mill in Arkansas for $73 million
Canfor Corporation is announcing that it has entered into a purchase agreement with Resolute El Dorado Inc., an affiliate of [...]
May 7, 2024
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Roseburg to start up new MDF plant this summer
Roseburg Forest Products announces that construction of two new plants in Dillard, Oregon, is well underway. Dillard Components will [...]
May 7, 2024
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Raute reports strong Q1/2024
Raute Corporation reported robust progress in its project deliveries for the first quarter of 2024, despite a challenging market environment [...]
May 7, 2024
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North American lumber prices in a downward spiral
Demand for lumber is collapsing in North America. The reason: Mortgage interest rates are rising dramatically and housing starts are [...]
May 2, 2024
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Many European timber importers are not aware of incoming EUDR
18% European timber importers are not aware of any incoming deforestation legislation, despite the fact that regulations like the EU [...]
May 2, 2024
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Interfor announces lumber production curtailments across all regions of N. America
Interfor Corporation plans to reduce its lumber production by approximately 175 million board feet (413,329 cubic meters) between May [...]
May 2, 2024
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IKEA continues to cut prices in response to economic pressures
Amid economic pressures and reduced consumer spending, IKEA, under the stewardship of Ingka Group, has initiated multiple rounds of price [...]
May 2, 2024
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China’s timber import market slowly recovering in the first quarter
According to the latest data released by China's General Administration of Customs, the country's total timber imports exceeded [...]
May 2, 2024
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B.C. forestry company Teal Jones is battling bankruptcy
Teal Jones, a prominent logging company based in British Columbia, is battling bankruptcy. The company has filed for creditor protection [...]
May 1, 2024
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