Archives: May 2020

COVID-19 pandemic starts to impact Norbord

Norbord Inc. reported Adjusted EBITDA of $75 million for the first quarter of 2020 compared to $27 million in the [...]

The worst time in Argentina’s timber industry in the last 50 years

    Argentina's timber industry sees worst conditions in 50 years, as loggers' sales plummet more than [...]

Sweden: Roundwood prices see sharp drop in Q1/2020

Pine logs cost now an average of 478 SEK/m3 (EUR 44.91/m3), while spruce logs cost SEK 501 [...]

Georgia-Pacific to cease operations at lumber mill in Louisiana

    Georgia-Pacific will “cease operations” at its lumber facility in DeQuincy, Louisiana due to market conditions [...]

Resolute to lay off 1,000 workers in Quebec due to COVID-19

    Resolute Forest Products Inc. is temporarily laying off more than 1,000 workers mainly in Quebec [...]

Malaysia’s wood pellet sector in uncertainty

  Malaysia's wood pellet sector remains in a state of uncertainty despite an easing of Covid-19 restrictions [...]

Swedish sawmill industry performed better than those in other countries during pandemic

    The shutdown of economies around the world due to the virus pandemic has affected Swedish sawmill [...]

COVID-19 impact on European wood market “severe and wide-ranging”

    The European Timber Trade Federation (ETTF) and the European Organization of the Sawmill Industry (EOS) recently [...]

Bark beetle infestation starts to spread in Central European countries

Since mid-April, bark beetles have also been spotted in large parts of Germany, Austria and Switzerland. In addition to [...]

Lumber companies in US object to Canadian lumber industry aid programs

    The U.S. Lumber Coalition has expressed concern over recent announced and implied aid programs across [...]