Finnish sawmiller Vapo Timber has declared a €9.3m operating loss for 2011 (2010: € 7m profit). Vapo said its raw materials costs increased by 6% during the year, while the average selling price fell by 7%. Sawmill ...
Tags: market view, timber
News that Western Forest Products plans to invest $16 million into its Saltair sawmill is seen as a hopeful trend for the future of the forest company's other mills in the region. Lee Doney, a WFP spokesman, said that thanks to the ...
Tags: market view, forest, sawmill
A growing surplus has arisen in supply on Germany’s sawmill residues markets during the course of December and at the beginning of the new year. This development initially led to sometimes marked cuts in prices for sawdust in some ...
Tags: market view, sawmill
Following a “rollercoaster” 2011, the components industry is forecasting moderate to good sales growth for 2012, from 3 to 10 percent or more, according to member surveys by the Wood Component Manufacturers Assn. (WCMA) and the ...
Tags: industry trends, wood Component
Production of both hard maple and soft maple should pick up over the next two months as freezing weather firms up northern woodlands. Pricing trends for the two species will diverge, however, because one is growing in popularity and the ...
Tags: market view, polar lumber
Mild, wet weather continues to hamper logging in many areas of the U. S. And Canada. A West Virginia sawmill owner commenting on the weather said, “You are either playing in the mud or not playing at all. ” Most mills reported ...
Tags: market view, hardwood, lumber, price
The federal government is spending $500, 000 to encourage the use of Atlantic Canadian wood in regional construction projects. The two-year expenditure, announced Tuesday in Amherst, will go toward a program called Atlantic WoodWORKS! ...
Tags: market view, lumber
International roofing and timber exhibition DACH+HOLZ is preparing to get under way in Stuttgart. The bi-annual show, which attracted 42, 000 visitors in 2010, will feature leading German sawmillers Klenk Holz, Holzindustrie Pfeifer and ...
Tags: market view, roofing, timber
The financial problems facing the Central European sawmill industry since 2010 have continued during 2011 as well. Additional major players in the sector reported significant financial problems early in the year, which sometimes led to ...
Tags: market view, Central European, sawmilling
Scottish MSPs have backed a motion supporting investment in the country’s timber industry. The motion tabled by Dave Thompson, MSP for Skye, Lochaber and Badenoch, has so far been supported by more than 30 MSPs. It calls for sustained ...
Tags: market view, timber
On account of the tight profit situation which has prevailed for several months in the Central European sawmill industry, various companies are evidently now no longer willing to continue at the beginning of 2012 to pay the roundwood prices ...
Tags: market view, softwood, sawlog, price
Canfor is permanently closing two mills in British Columbia (BC). The closures affect the Rustad sawmill in Prince George and Tackama plywood mill in Fort Nelson. The mills had been the subject of a lengthy indefinite shutdown since the ...
Tags: market view, mill, plywood
Many German sawmills will operate an extended Christmas shutdown and are likely to curtail production in 2012, according to the German Sawmilling and Timber Industry Association (BSHD). BSHD made the prediction after discussions with member ...
Tags: industry trends, sawmill
A new automatic sorting facility will be installed at Södra Timber's Kinda sawmill as part of the mill's conversion to pine only production. Södra Timber said the investment on the trimmer will go ahead in 2012 to ensure optimised ...
Tags: market view, mill, pine
The Philippines has closed about 178 sawmills, mini-sawmills and veneer or plywood plants in Northern Mindanao, Philippines after they failed to renew their licences. The crack down follows approval of Executive Order (EO) No 23, which ...
Tags: market view, sawmill