Norvik moves closer to acquire Bergs Timber
The extraordinary general meeting of Bergs Timber AB shareholders has been called for December 27 to approve the SEK1.54bn [...]
December 6, 2023
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Weyerhaeuser to invest $96.2 million to modernize and decarbonize Louisiana sawmill
Weyerhaeuser has announced it will invest $96.2 million to modernize and decarbonize its sawmill in Louisiana, USA. The [...]
December 6, 2023
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New Zealand log export prices rise in November
The November AWG prices for New Zealand's exported logs increased an average of $12 per JASm3 from October prices [...]
December 6, 2023
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China’s log & lumber import markets may be worse than you think
China’s consumption levels are completely stalled from a construction market in chaos. Consequently, it is going to take until [...]
December 5, 2023
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UPM upgrades Korkeakoski sawmill in Finland
UPM invests nearly Euro 10 million in the modernization of the Korkeakoski sawmill in Finland. A new split saw supplied [...]
December 5, 2023
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Price of pellets in Germany in free fall
In some places, pellet prices fall below 300 euros per ton. That hasn't happened for two years. On average [...]
December 5, 2023
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Italian sawmills in trouble, revenues and margins down
Until the autumn of last year traders and producers would have been willing to buy wood at basically any price [...]
December 5, 2023
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International Trade Commission rules in favor of duties on Canadian softwood lumber
The U.S. International Trade Commission has no plans to revoke the existing combined countervailing and antidumping duties totaling roughly [...]
December 5, 2023
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Drax to curtail Houston pellet plant due to Canfor sawmill closure
Drax Canada's Houston pellet plant is producing its final batch of pellets for 2023 up until Dec. 7 after [...]
December 1, 2023
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Sweden: Forest machines company Rottne Industri AB cuts jobs as demand slows
Rottne Industri AB has announced that it will be making necessary workforce adjustments due to the impact of global economic [...]
December 1, 2023
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