The US forecast to become a net exporter of softwood lumber in five years
The US is expected to become a net exporter of softwood lumber in overseas trade and overtake Canada as North [...]
July 28, 2023
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Forest growth and policy trends point to declining European wood production
Current harvest levels in most European countries are still well below increment. In fact, drawing on Eurostat data, the [...]
July 28, 2023
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West Fraser expects similar lumber shipments this year
West Fraser Timber expects its lumber shipments in 2023 will be similar to 2022. On 2023 lumber shipments: [...]
July 28, 2023
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Bergs Timber to close a sawmill in Estonia
Bergs Timber decided to close the sawmill in Estonia that is operated in the subsidiary Laesti. The background is weak [...]
July 27, 2023
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Capacity will continue to be reduced, says UPM’s CEO
The scarcity of raw wood affects the plans of forest companies more and more concretely. According to UPM's [...]
July 27, 2023
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New Zealand’s timber market highly impacted by China’s lack of demand
In the wake of a significant export market crash just a month ago, the New Zealand timber industry found itself [...]
July 27, 2023
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Latvia’s wood product exports falling rapidly as prices cool
Latvia's wood product exports have fallen by more than 20% in the first five months of the year, and [...]
July 25, 2023
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China’s sawn timber imports rise 11% in the first half
In the first half of this year, China's imports of logs fell by 9.3% year-on-year to [...]
July 25, 2023
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Stora Enso’s sawmill division posts 26% fall H1/2023
Stora Enso achieved sales of almost EUR 5.1 billion in the first half of the year, 13% less than [...]
July 25, 2023
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Kronospan to invest EUR 20 million in logistics center near Kyiv amid war challenges
Kronospan Group, which has woodworking enterprises Kronospan UA (Volyn region) and Kronospan Rivne (Rivne region) in Ukraine, has invested more [...]
July 25, 2023
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