Following what had already been a mainly weak trend in 2011, lumber activities among Scandinavian concerns have shown virtually no recovery in the first quarter of 2012. Growth in turnover and results in classic lumber business from January ...
Tags: market view, sawmill
The Canadian timber concern Canfor started a total investment in May 2012 of roughly Can$40m in the modernisation of the Radium and Canal Flats sawmills in British Columbia. Most of the investment sum will go to the Radium sawmill which was ...
Tags: market view, timber
A near 9% fall in the global sawlog price index was recorded in the first quarter, according to the latest report from Wood Resource Quarterly. The biggest fall was experienced in Europe, with reduced global demand the primary reason. ...
Tags: market view, sawlog, price
The Northeast Kingdom is the remotest part of Vermont, but it's also deeply intertwined in the global economy. Nowhere is this more evident than in the forest products industry. Many sawmills are dark and the paper companies have left. ...
Tags: market view, Forest
Sodra Timber says it is working hard to reverse the negative trend in its business. Sodra Group acting CEO Gunilla Saltin outlined the company's position and efforts at its annual general meeting. "Now that we have been seeing negative ...
Tags: industry trends, timber
The price hikes to the tune of £15-20/m³ demanded by various suppliers for softwood lumber deliveries in the second quarter of 2012 have not been fully implemented on the British market to date. In this vein, British sawmills ...
Tags: market view, softwood lumber, price
Led by British Columbia, Canada emerged as the largest exporter of lumber in the world to China in 2011, surpassing Russia as the Middle Kingdom's No. 1 source for lumber. "We are king of the hill, " Gerry Van Leeuwen, of the Vancouver ...
Tags: market view, lumber
VANCOUVER - Canfor Corp. (TSX: CFP) said Thursday it will spend $40 million on capital improvement projects at its sawmills in B. C. 's Kootenay region. The company plans to spend $38.5 million on a new planer, a biomass energy system and ...
Tags: market view, lumber
Since the beginning of April, Swiss softwood sawmills have shown a revival in demand from building companies and to a lesser extent from the pallet and packaging industry. However, in view of the positive figures for the Swiss building ...
Tags: market view, softwood-lumber, demand
The combined Canadian and U. S. Lumber industries shrunk by about 30 percent as a result of the subprime mortgage crisis that, in 2008, sparked the U. S. 's worst recession since the Great Depression, according to a summary in the 2012 ...
Tags: market view, lumber
VANCOUVER, BC - Canfor said it has completed the acquisition of the Tembec Industries Ltd. 's southern British Columbia interior wood products assets. The $60 million deal, first announced Nov. 28, 2011, includes Tembec's Elko and Canal ...
Tags: market view, lumber
The slightly growing demand for beech lumber since the beginning of the year has spread to other assortments and sales markets in the course of the last few weeks. An increasing number of sawmills has been using this as an argument for ...
Tags: market view, sawmill, price
Northern Minnesota’s logging industry is suffering along with the rest of the national wood products industry, but leaders of trade groups say loggers who’ve held on so far are likely to survive. Since the downward trend started ...
Tags: market view, timber
Canfor (TSX: CFP) announced today that further to its news release of November 28, 2011, it has completed the acquisition of the Tembec Industries Ltd. ("Tembec") southern British Columbia interior wood products assets consisting of the ...
Tags: market view, Wood Products
The discrepancy between prices for products imported from the euro zone and locally-produced wood, that Swiss sawmills and gluelam manufacturers have been facing since 2011, still exists in 2012 in spite of the price reductions of up to 10% ...
Tags: market view, softwood lumber