Boise Cascade Company reported net income of $27.2 million, or $0.69 per share, on sales of $1.3 billion for the 3Q ended September 30, 2019, compared with net income of $13.8 million, or $0.35 per share, on sales of $1.3 billion for the 3Q ended September 30, 2018. 3Q 2019…
PEFC welcomed its 52nd and 53rd national members. The General Assembly, its highest decision making body, voted Ukraine and Guyana into the alliance. “Ukraine is one of the largest countries in Europe, and 15.6% of land is covered by forests. That is 10.4 million hectares,” said Mariya Maha from the…
In 2018, the European Commission presented its “A Clean Planet for All” vision, a long-term strategy for a prosperous, modern, competitive and climate-neutral economy by 2050. In 2019, the von der Leyen agenda for Europe put forward the European Green Deal, set to become the first European Climate Law to…
Södra is acquiring the remaining shares in Södra Timber A/S and Södra Wood Project from the Danish company Uniwood. After the acquisition, the former joint-owned companies will be wholly owned by Södra. The acquisition is effective immediately. “The aim of the acquisition is to move even closer to our customers…
After recovering ground in 2018 and stabilising in the first half of 2019, EU imports of tropical logs slowed in the third quarter of 2019. Imports of 76,700 MT during the first nine of the year were 13% less than the same period in 2018. Import value fell 14% to…
About 20 forest-sector actors in Mato Grosso attended a workshop convened by the Center for Timber Producers and Exporters of Mato Grosso State (CIPEM) in Cuiabá in October 2019 on the prospects for increasing trade with the EU. The workshop was the result of a partnership between CIPEM and the…
U.S. sawmills produced 23.737 billion board ft. (bbf) of softwood lumber in the first eight months of 2019, a 0.8% drop from the 23.918 bbf produced in the same period last year. Western U.S. sawmills contributed 9.649 bbf to the eight-month total, down 1.9% from 9.837 bbf last year, while…
The Workshop to Formulate the Road Map on FLEGT was conducted in Nay Pyi Taw in early November involving the national and subnational members of the Multistakeholder Group and representatives of the EU and the European Forest Institute (EFI), according to the Forest Department. Moreover, an EU representative was in…
Stora Enso is partnering with the Finnish pension insurance company Varma in the construction of a new head office in the centre of Helsinki, Finland. Stora Enso will lease part of the building, which will showcase world-class modern wooden architecture. The building is expected to be completed in 2023, as…
Following a thorough examination of all contributing factors including log costs, market conditions, and cumulative policy burden, Tolko announced today that its BC Operations will be taking two weeks’ downtime from December 21 – January 6 during the holiday season. The last day of production will be December 20. In…
