Forestry

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]