Resolute Forest Products curtails production capacity by 10%

Montreal-based Resolute Forest Products Inc. has decided to curtail production at many of its sawmills during the fourth quarter [...]

Singapore company invests $200 million in a wood processing complex in Russia’s Far East

Singapore's KGK Sudima International Pte Ltd plans to open a high-tech wood processing complex in the Russian Far [...]

Russia increased softwood lumber exports during Jan.-September 2018

In January-September 2018, Russia increased its softwood lumber exports, both in value and in volume terms, indicate the statistics [...]
November 20, 2018 Latest Trends / Market Analysis / ...Forestry / Sawmilling / Russia

Canada: High log prices and low supply drags production curtailments at many lumber companies

    Hundreds of sawmill workers are being laid off in B.C., some of them permanently, despite [...]

Forest products exports from Latvia go 14.6% up during Jan.-September 2018

    In the first nine months of the year, Latvia exported EUR 1.925 billion worth of [...]
November 20, 2018 Latest Trends / Forestry / ...Sawmilling / Europe

Canadian government announces plans to invest $15 million in a wood pellet and sawmill complex

    The Canadian government revealed plans to invest $15 million in Granule 777 Inc. The funds will [...]
November 20, 2018 Latest Trends / Sawmilling / ...Wood Energy / North America

Woodworking machinery industry in Italy drops its foreign sales in Q3/2018

    For the Italian woodworking machinery sector, the July-September period reaffirmed the current industry trend, characterized [...]

West Fraser permanently curtails lumber production at Fraser Lake and Quesnel sawmills

West Fraser announced it will permanently curtail approximately 300 million board feet of combined lumber production at its Fraser Lake [...]

Swedish sawlog prices on the rise during the 3rd quarter of 2018

The delivery prices on Swedish sawlog and pulpwood prices rose by 5.5% and 3.4% respectively in the 3Q [...]

Growing US lumber market still needs Canadian key supplies for the next ten years

    The softwood sawmilling sector in Eastern Canada will play an increasingly important role as a key [...]