Resolute to lay off 1,000 workers in Quebec

Resolute Forest Products Inc. is temporarily laying off more than 1,000 workers mainly in Quebec because of the COVID-19 pandemic. Some of the layoffs could be extended if economic turbulence and lower demand persist in some of the company’s divisions. CEO Yves Laflamme says the cuts will mainly affect wood…

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Timber stocks still large in Sweden

According to statistics from the Swedish Forest Agency, stocks of coniferous sawlogs, pulpwood and chips in Sweden are estimated to have reached 10.6 million cubic metres as of March 31, 2020. This is an increase of 5 percent since the same date last year. It is mainly the stocks of…

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