Canfor improves earnings in Q2
For the 2Q 2020, Canfor Corporation reported operating income of $96.9 million, $185.7 million higher than the operating [...]
August 13, 2020
Companies in the timber industry / Latest Trends / ...Forestry / Pulp & Paper / Sawmilling / Wood Construction / North America
Production in the Russian timber industry could drop by 30%.
The Russian construction industry may contract by almost 50% in 2021 and its revival will take [...]
August 13, 2020
Latest Trends / Market Analysis / ...Forestry / Sawmilling / Wood Construction / Wood-based Panels / Russia
UPM profit falls sharply in Q2/2020
Finnish forestry giant UPM reported a smaller-than-expected fall in quarterly profits, saying lockdowns hit paper demand and prices [...]
August 13, 2020
Companies in the timber industry / Latest Trends / ...Market Analysis / Forestry / Pulp & Paper / Sawmilling / Europe
The Netherlands says that burning biomass is not sustainable
The Netherlands should phase out the use of biomass for generating electricity as soon as possible, the advisory board of [...]
August 13, 2020
Latest Trends / Market Analysis / ...Wood Energy / Europe
EU pellet market unaffected by COVID-19
The European Union’s wood pellet market has been relatively unaffected by the COVID-19 pandemic but cautions further market [...]
August 12, 2020
Latest Trends / Market Analysis / ...Wood Energy / Europe
BC forest industry faces wave of sawmills closures
Softwood lumber prices soared 75% in recent weeks – but that won’t bring closed mills back As governments [...]
August 11, 2020
Latest Trends / Market Analysis / ...Forestry / Sawmilling / North America
Russia plans to stimulate exports of wood pellets
The Russian government expects to reduce the amount of wood waste by stimulating exports of wood pellets. [...]
August 11, 2020
Latest Trends / Market Analysis / ...Industry Prices / Wood Energy / Russia
SCA to boost wood harvesting level by 1 million m3 per year
SCA has confirmed a new harvesting plan which shows that the harvesting level in the own [...]
August 11, 2020
Companies in the timber industry / Latest Trends / ...Forestry / Sawmilling / Europe
Stora Enso sees sharp drop in its Wood Products division
Stora Enso's Wood Products division sales decreased by 16% in the second quarter yoy, or by EUR 65 million [...]
August 11, 2020
Companies in the timber industry / Latest Trends / ...Forestry / Pulp & Paper / Sawmilling / Europe
Vietnamese wood and wood products exports recover in June
Vietnam earned nearly 5 billion U.S. dollars from exporting wood and wood-based products in the first half of [...]
August 11, 2020
Latest Trends / Market Analysis / ...Forestry / Sawmilling / Wood-based Panels / Asia & Middle East
