Metsä Board, part of Metsä Group, is participating in a joint project called SEED, led by VTT Technical Research Centre of Finland, in which forest companies are developing new digital solutions together with companies in the ICT industry. In the two-year project, forest industry mills will serve as innovation platforms…
Lumber production in Canada increased 11.5% from September to 5 203.5 thousand cubic metres in October. Production was 9.6% lower than in October 2018, according to Statistics Canada. Canadian sawmills shipped 4 934.0 thousand cubic metres of lumber in October, up 2.1% from September and down 10.5% from October 2018. Canada North American Product Classification System (NAPCS) June 2019 July 2019…
The House of Commons has voted overwhelmingly in favor of Prime Minister Boris Johnson’s Brexit bill, finally paving the way for the United Kingdom to leave the European Union later this month after more than four decades of membership. The next instance is the upper House of Lords. The deal is expected to enter into…
Stora Enso has signed an agreement to divest its sawn construction timber (KVH) mill at Pfarrkirchen in Germany, to the fund LEO II. – VV1 GmbH, managed by the private equity firm Dubag Group. The divestment is part of Stora Enso’s profit protection programme and it is in line with…
The European Confederation of Woodworking Industries (CEI-Bois), the European Organisation of the Sawmill Industry (EOS) and the European Panel Federation (EPF), organised the 8 th edition of the Club du Bois, under the chairwomanship of MEP Mrs Maria Noichl, on 8 January 2020, at the Brussels premises of the European…
The Ghana Forestry Commission (GFC) has agreed a memorandum of understanding with a Swedish firm Greenland Resources for investment in forest plantations to feed a pulp and paper plant. The plantation component envisages planting in three different forest reserves identified in the Savannah region. The proposed paper mill will be…
Resolute Forest Products Inc. announced it will acquire Conifex Timber Inc. ‘s three U.S. sawmills for $163 million, plus net working capital at closing, currently estimated at $7 million. The three sawmills have a combined production capacity of 550 million board feet and are located in Cross City, Florida, and…
Media reports say the authorities in Brazil are considering allowing the export of Amazon native tree species in log form. The authorities are considering this after being lobbied by timber businesses. Current regulations establish that only exotic plantation species such as eucalyptus and pine can be exported as logs. The…
Western U.S. sawmills produced 13.203 billion board ft. (bbf) of softwood lumber in the first 11 months of 2019, a drop of 1.4% from the same period in 2018 when output was 13.390 bbf, according to the latest figures from the Western Wood Products Assn. (WWPA) of Portland, Oregon. Coastal…
Domestic sawlog prices in Finland and Sweden have been declining for over a year because of lower demand from the region’s sawmills. However, the reduced wood raw-material costs have not kept pace with the falling prices for lumber, which has resulted in lower margins for the sawmilling sectors in both…
