EU-Vietnam free trade agreement enters into force; wood industry to benefit
EU exports to Vietnam are taxed less as of 1 August. This is the immediate effect [...]
August 20, 2020
Latest Trends / Market Analysis / ...Forestry / Sawmilling / Wood Furniture / Wood-based Panels / Asia & Middle East / Europe
Resolute planning to reopen idled El Dorado sawmill
Resolute Forest Products is continuing plans to reopen its sawmill in El Dorado, Ark., that has been closed since last [...]
August 20, 2020
Companies in the timber industry / Latest Trends / ...Forestry / Sawmilling / North America
Forestry crisis in Ireland deepens as mills seek new supply
The owners of the Ireland's major sawmills have begun warning trade union officials of imminent extensive job losses because [...]
August 20, 2020
Latest Trends / Market Analysis / ...Forestry / Sawmilling / Europe
Germany gains market shares in China log imports
China Customs data shows that in the first half of this year China’s log imports totalled 19.68 million [...]
August 20, 2020
Latest Trends / Market Analysis / ...Forestry / Sawmilling / Australia and Pacific Region / China / Europe / North America / Russia
Latvia’s timber industry exports expected to fall this year; US market an opportunity
The volume of exports of companies in the Latvian wood industry sector could decrease in general this year [...]
August 17, 2020
Latest Trends / Market Analysis / ...Forestry / Sawmilling / Wood Furniture / Wood-based Panels / Europe
Chinese wood processing companies strongly impacted by slow demand abroad
78% of China's wood processing companies currently are affected by the Covid-19 pandemic, while [...]
August 17, 2020
Latest Trends / Market Analysis / ...Forestry / Sawmilling / Wood-based Panels / China / Europe / North America
The lack of lumber in North America is unprecedented
The downfall in lumber production in North America caused by the Covid-19 pandemic, doubled by [...]
August 17, 2020
Latest Trends / Market Analysis / ...Wood Industry Prices / Forestry / Industry Prices / Sawmilling / North America
Canfor improves earnings in Q2
For the 2Q 2020, Canfor Corporation reported operating income of $96.9 million, $185.7 million higher than the operating [...]
August 13, 2020
Companies in the timber industry / Latest Trends / ...Forestry / Pulp & Paper / Sawmilling / Wood Construction / North America
Production in the Russian timber industry could drop by 30%.
The Russian construction industry may contract by almost 50% in 2021 and its revival will take [...]
August 13, 2020
Latest Trends / Market Analysis / ...Forestry / Sawmilling / Wood Construction / Wood-based Panels / Russia
UPM profit falls sharply in Q2/2020
Finnish forestry giant UPM reported a smaller-than-expected fall in quarterly profits, saying lockdowns hit paper demand and prices [...]
August 13, 2020
Companies in the timber industry / Latest Trends / ...Market Analysis / Forestry / Pulp & Paper / Sawmilling / Europe