Wood Construction

Segezha plans to quadruple CLT output in four years

    Segezha Group plans to quadruple production of CLT products by 2026. With the expansion of production [...]

Will lumber prices rise in 2022?

No matter which way you look at it, 2021 was hardly a typical year. Between supply chain shortages, inflation, the [...]

Japan’s Iida Group buys 75% in the largest forestry company in Russia’s Far East

    The Japanese Iida Group will acquire 75% in the Russian Forest Products Group timber holding for [...]

N. American lumber prices rebound as Canadian floods curb shipments

    North American lumber prices are poised to return to highs last seen in June after heavy [...]

Reactions to US decision to double Canadian softwood lumber tariffs

    As the U.S. Department of Commerce issued its final determination in the second administrative review [...]

Q3 profits drop sharply for North American lumber giants

    The combined net profits of the five largest publicly traded North American lumber producers (Canfor in [...]

Swedish sawmill group Vida to limit lumber production

The Swedish sawmill group Vida, which is majority owned by the Canadian Canfor since 2018, plans to reduce lumber production [...]

Segezha plans to build a glulam plant in Karelia

Segezha Group is planning the construction of a glued laminated timber plant in Segezha, Republic of Karelia, Russia.   [...]

Weyerhaeuser is betting on a strong housing market for years

Weyerhaeuser CEO Devin Stockfish told the US media that the lumber company believes the U.S. housing market will remain [...]

CLT market to witness significant growth in the upcoming years

The global cross laminated timber market is expected to grow from USD 724.00 million in 2021 to USD 1442 [...]