Article Archive

Strong lumber prices boost Canfor Q1 profits 25 percent

Canfor Corp. is reporting a 25 percent increase in net profits in its latest quarter on near record high North [...]

Czech Republic: Wood prices are at the highest level in 20 years

  Wood prices in the Czech Republic are at the highest in two decades due to high demand. Prices [...]

Pellet prices considerably higher in W. Europe on a year ago

The price of wood pellets is considerably higher in some Western European as compared to a year ago.   [...]

Interfor acquires minority interest in GreenFirst Forest Products, continuing expansion in eastern Canada

  B.C. lumber giant Interfor Corp laid the groundwork for additional expansion in Eastern Canada this week by [...]
May 6, 2022 Forestry / Sawmilling / ...North America

Homag reports record order intake in Q1/2022

    In the first quarter of 2022, the Homag Group was able to further improve order intake [...]

Russian invasion, Covid and inflation overshadow the outlook of the Finnish sawmill industry

    The uncertainty caused by the Ukraine war is also reflected in the demand for Finnish lumber [...]

HS Timber acquires sawmill in Finland

    HS Timber Group, formerly known as Holzindustrie Schweighofer Group, has acquired 100% of the shares in [...]

Significantly reduced log supply to China

The total log demand in China has reduced since last year’s real estate and construction crisis in China due [...]

Russian timber companies ask for state support due to sanctions

Russian business associations "Opora Rossii" and "Business Russia" sent a set of proposals to Deputy Prime Minister Victoria Abramchenko on [...]

North American lumber demand expected to remain high even if a recession occurs

    With Russia’s war in Ukraine, runaway inflation and rising interest rates, analysts and economists speaking [...]