Companies in the timber industry

Homag to negatively revise its earnings forecast for 2019

    German woodworking machinery giant Homag announced that it will negatively revise its earnings forecast for 2019 [...]

Russia: Sveza plans to set up its own logging company

    Russian plywood manufacturer Sveza has set up its own logging company, Sveza Resource LLC. The company [...]

Chinese woodworking companies to explore business opportunities in the U.S. market

Many Chinese woodworking companies expressed their expectations to further explore business opportunities in the U.S. market, as they participated [...]

Canfor announces new production curtailments

    Canfor Corporation announced further capacity reductions at two of its British Columbia sawmills with an indefinite [...]

Stora Enso plans capacity increase in CLT and construction beam mills

    Stora Enso has initiated feasibility studies for a possible cross laminated timber (CLT) unit in connection [...]

West Fraser expects sharp drop in lumber production for 2019

The Canadian company reported lumber inventories reduced by approximately 150 million board feet in Q2/2019, and expects a 600 [...]

Conifex curtails Mackenzie sawmill

Conifex Timber Inc. announced that it will temporarily curtail its Mackenzie, British Columbia sawmill operations for two weeks commencing July [...]

China: Top softwood logs importing companies in June 2019

    The first importing company, in terms of value, was Shanghai Shengwosheng Forest Corporation, with a total [...]

Enviva to receive permit for wood pellet plant in Mississippi

    The 1.4 million metric tons production will be exported to power plants in Europe and [...]

Stora Enso to sell its Thermowood business

    The deal marks the end of heat production in Uimaharju, Finland. Lunawood, who is seeking growth [...]