Forestry

Conifex increase capacity by 50% from acquiring $258 million sawmills in the US

Conifex Timber Inc. says it has reached an agreement with Blue Wolf Capital Partners to buy sawmills in Florida and [...]

A resumption of trade in some Indian dalbergia species is possible

    As a result of active intervention by the Indian Ministry of Commerce and the Forest Department [...]

Trade tariffs and tight supply make lumber prices in the US to skyrocket

The US lumber market is ready to boom, with futures rising to another record on the 14th of May, due [...]

Hasslacher Group plans to invest EUR 30 million in sawmill expansion in Preding, Austria

The Hasslacher Group plans to invest EUR 30 million in the expansion of its site in Preding, Austria. The company [...]

Bergs Timber meets conditions for complete acquisition of Norvik Timber Industries in the Baltics

Bergs Timber announces that all conditions for the company’s acquisition of Norvik’s wood products in the Baltic countries [...]

Imports of sawnwood into China grew by 5% during Q1/2018

China’s sawnwood imports reached 8.29 million cubic metres in the first three months of 2018, up five per [...]

Harvard University wants to sell some of its South American timberlands

Harvard University is currently trying to sell a part of its timberland investments in South America to investors that would [...]

Resolute Forest Products makes $52 million for Saint-Félicien pulp mill in Canada

Resolute Forest Products Inc. announced a $52.3 million strategic investment plan for its Saint-Félicien pulp mill, located [...]

Increased lumber demand in the US made prices soar

    Lumber prices in the US went higher during last week, as buyers tried to cover pressing [...]

China wants to make huge SEZ around Beijing

China is planning a new special economic zone (SEZ) that will effectively extend the sprawling metropolis of Beijing, transforming the [...]