European parquet production falls 30%
European parquet flooring production massively fell 30.5% in 2023 to 54.4 million m2, according to the latest statistics [...]
June 19, 2024
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US lumber prices rebound slightly
US lumber prices rebounded toward $500 per thousand board feet, moving away from the eight-month low of $488 observed [...]
June 19, 2024
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Brazilian Suzano acquires 15% stake in Austria’s Lenzing
Brazilian Suzano acquired a 15 percent stake in Austrian Lenzing from B&C and the two shareholders will form [...]
June 19, 2024
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Miro Forestry and Timber Products doubles plywood production in Ghana
Miro Forestry and Timber Products has announced that it has procured equipment to double its plywood factory capacity in Ghana [...]
June 19, 2024
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EOS GA: Hopes that the European softwood market will “bottom out” this year
European softwood production declined by 6.4% in 2023 to 80,894,000m3 (2022: 86,518,000m3) with a further [...]
June 18, 2024
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Canfor to temporarily curtail a sawmill in BC
BC's struggling forestry industry is taking another hit following the release of an internal memo from Canfor’s Fort [...]
June 18, 2024
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Conifex curtails sawmill and planer operations
Conifex announced today the curtailment of its sawmill and planer operations for two weeks starting June 17, 2024. This decision [...]
June 18, 2024
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US$ 18 billion investments in Brazil’s forestry sector expected by 2028
The forestry sector in Brazil is expected to invest around R$90 billion (US$ 18 billion) by 2028, according to [...]
June 18, 2024
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Stability and optimism reported at Carrefour timber exhibition
Tropical timber suppliers at the Carrefour Internationale du Bois (CIB) exhibition in Nantes said there were signs the European market [...]
June 18, 2024
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Paradigm shift for the Swedish forest industry?
Despite reduced demand, reduced felling, reduced deliveries and the construction crisis, the price trend for Swedish forest products is [...]
June 14, 2024
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