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 [...]
November 20, 2018
Companies in the timber industry / Forestry / ...Sawmilling / North America
Singapore company invests $200 million in a wood processing complex in Russia’s Far East
Singapore's KGK Sudima International Pte Ltd plans to open a high-tech wood processing complex in the Russian Far [...]
November 20, 2018
Companies in the timber industry / Latest Trends / ...Sawmilling / Asia & Middle East / Russia
Canada: High log prices and low supply drags production curtailments at many lumber companies
Hundreds of sawmill workers are being laid off in B.C., some of them permanently, despite [...]
November 20, 2018
Companies in the timber industry / Latest Trends / ...Market Analysis / Forestry / Sawmilling / North America
Armstrong sells its Wood Flooring segment for US$ 100 million
Armstrong Flooring, Inc. has entered into a definitive agreement to sell its Wood Flooring segment to [...]
November 20, 2018
Companies in the timber industry / Latest Trends / ...Wood Furniture / Wood-based Panels / 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 [...]
November 20, 2018
Companies in the timber industry / Forestry / ...Europe
Enviva plans to expand its wood pellet capacity
Enviva Partners LP has released third quarter financial results, reporting increased revenue, net income and gross margin. The company also [...]
November 19, 2018
Companies in the timber industry / Wood Energy / ...North America
Woodworking machinery industry in Italy drops its foreign sales in Q3/2018
For the Italian woodworking machinery sector, the July-September period reaffirmed the current industry trend, characterized [...]
November 19, 2018
Companies in the timber industry / Latest Trends / ...Market Analysis / Sawmilling / Wood-based Panels / Woodworking Machinery / Europe
West Fraser permanently curtails lumber production at Fraser Lake and Quesnel sawmills
West Fraser announced it will permanently curtail approximately 300 million board feet of combined lumber production at its Fraser Lake [...]
November 19, 2018
Companies in the timber industry / Latest Trends / ...Forestry / Sawmilling / North America
Moelven plans a new wood pellet plant
Moelven Pellets A/S placed an order for pellet plant equipment with Hekotek. The launch of the new factory is [...]
November 16, 2018
Companies in the timber industry / Latest Trends / ...Wood Energy / Europe
Lowe’s to close 51 stores in North America
Lowe’s Companies, Inc. announced the wind-down of certain underperforming store locations as part of its ongoing strategic reassessment [...]
November 16, 2018
Companies in the timber industry / Wood Construction / ...Wood-based Panels / North America
