Article Archive

Canfor buys 70% of Swedish sawmill company VIDA

    Canfor Corporation announced that it has entered into an agreement to purchase 70% of the VIDA [...]

Resolute Forest Products curtails production capacity by 10%

Montreal-based Resolute Forest Products Inc. has decided to curtail production at many of its sawmills during the fourth quarter [...]

Singapore company invests $200 million in a wood processing complex in Russia’s Far East

Singapore's KGK Sudima International Pte Ltd plans to open a high-tech wood processing complex in the Russian Far [...]

Russia increased softwood lumber exports during Jan.-September 2018

In January-September 2018, Russia increased its softwood lumber exports, both in value and in volume terms, indicate the statistics [...]
November 20, 2018 Latest Trends / Market Analysis / ...Forestry / Sawmilling / Russia

Canada: High log prices and low supply drags production curtailments at many lumber companies

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

Armstrong sells its Wood Flooring segment for US$ 100 million

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

Forest products exports from Latvia go 14.6% up during Jan.-September 2018

    In the first nine months of the year, Latvia exported EUR 1.925 billion worth of [...]
November 20, 2018 Latest Trends / Forestry / ...Sawmilling / Europe

Canadian government announces plans to invest $15 million in a wood pellet and sawmill complex

    The Canadian government revealed plans to invest $15 million in Granule 777 Inc. The funds will [...]
November 20, 2018 Latest Trends / Sawmilling / ...Wood Energy / North America

Swedish Södra acquired 111,100 ha of forest land in Latvia

The Swedish Södra Group has this week acquired forest land from the Swedish Bergvik Skog AB. Bergvik Skog AB [...]

Wood pellets prices in Switzerland on the rise in November

Prices for wood pellets in Switzerland increased slightly in November.     The average price of wood pellets [...]