Forestry

Finland: Softwood lumber to China collapse in 2018

    The Finnish softwood lumber exports to the world dropped by -6% during January - December 2018, as [...]

Canfor completes acquisition of 70% of the Swedish Vida Group

Canfor has completed its purchase of 70% of the Vida Group. The Vida Group is Sweden’s largest privately-owned [...]

US lumber prices fall at the beginning of March

Weather conditions continued to thwart the US softwood lumber trading. Buyers and sellers in US acknowledged that they were tiring [...]

EU imports of wood products rise by 5.1% in 2018

The total value of EU imports of wood products was 19.44 billion euro in 2018, 5.1% more than [...]

SCA boosts capacity at Tunadal Sawmill

SCA is applying for a new environmental permit for the Tunadal Sawmill. Instead of the currently permitted maximum of 600 [...]

Stora Enso plans lay-offs in Finland, oversupply in the sawn timber market blamed

Stora Enso prepares for temporary lay-offs in its Wood Products division in Finland. The provisional lay-off plans concern [...]

Finland: Pine and spruce logs prices rise at the beginning of the year

In January 2019, the Finnish pine log stumpage price came up to EUR 60.0 per m3, and the spruce [...]

Canfor reports 14% drop in lumber shipments in Q4 /2018

    Canfor Corporation generated strong financial results in 2018 with reported operating income of $608.6 million [...]

Pölkky Oy plans to invest EUR 30 million in its wood production facilities

Finnish Pölkky Oy has announced a major investment program, targeting its production facilities in northern Finland. The investment program [...]