Forestry

Stora Enso plans lay-offs in Finland, oversupply in the sawn timber market blamed

Stora Enso prepares for temporary lay-offs in its Wood Products division in Finland. The provisional lay-off plans concern [...]

Finland: Pine and spruce logs prices rise at the beginning of the year

In January 2019, the Finnish pine log stumpage price came up to EUR 60.0 per m3, and the spruce [...]

Canfor reports 14% drop in lumber shipments in Q4 /2018

    Canfor Corporation generated strong financial results in 2018 with reported operating income of $608.6 million [...]

Pölkky Oy plans to invest EUR 30 million in its wood production facilities

Finnish Pölkky Oy has announced a major investment program, targeting its production facilities in northern Finland. The investment program [...]

Vietnam plans to push up wood products exports’ value to US$11 billion in 2019

    Vietnam aims to push wood export value beyond US$11 billion this year and to develop [...]

US lumber prices started to slow down through the end of February

    Softwood lumber trading geared down from a faster pace earlier in the month, with traders citing [...]

Roundwood prices in Finland grew by 6% during 2018

For the Finnish wood industry, the year 2018 was characterized by a clear rise in the real stumpage prices of [...]

Chinese forestry industry wants to boost its output by 50% until 2025

China's top forestry authority has made plans to boost the forestry industry and set development goals. The industry pledges [...]

John Deere reports sharp growth in its forestry and construction division

    Deere & Company reported net income of $ 498.5 million for the first quarter of fiscal [...]