Companies in the timber industry

Jim Pattinson makes offer to take over Canfor

Jim Pattison's Great Pacific Capital Corp. has made an offer to buy the rest of Canfor Corp. it does [...]

Lower OSB prices negatively impact Norbord’s prices

Norbord Inc., the world’s largest producer of oriented strand board (OSB), reported Adjusted EBITDA of USD 36 million in [...]

Boom in Finland’s softwood lumber exports to Egypt; exports to China collapse

Finnish softwood lumber exports to the world increased by 5% in the first five months of 2019. The softwood lumber [...]

Lower prices in Asia cause sharp drop in Metsa Group’s revenues

The profit of the major Finnish forest industry company Metsa Group worsened remarkably in April-July, as prices in China [...]

BC’s Sinclar Group to curtail lumber production

In another hit to the B.C. forest industry, the Sinclar Group announced temporary production curtailments at lumber operations in [...]

Proteak reports record MDF production

The MDF producer Pro MDF, which belongs to the Mexican Proteak Uno, produced a total of 57,400 m³ of [...]

New Zealand: New sawmill planned on former Waverley Sawmills site

While Waverley Sawmills is closed for business its new owner has been working towards a modern state-of-the-art [...]

Sudima to split planned US$200M wood processing complex in Russia’s Far East due to lack of timber

Singapore's Sudima International, which announced earlier that it would build a wood-processing complex in the Primorye Territory worth [...]

EGGER reports stable financial year and record investments

The wood-based panels giant recorded sales of EUR 2.84 billion and adjusted EBITDA of EUR 425.0 million [...]

UPM to build a new giant pulp mill in Uruguay

UPM has made the investment decision to construct a 2,1 million tonne greenfield eucalyptus pulp mill near Paso de [...]