Global market conditions for lumber have changed rapidly as a result of a number of factors, not least of which is the Covid-19 situation. The company has therefore had to make the difficult decision to curtail some of its operations. Effective Sunday, April 5th, 2020, all of Sinclar’s lumber manufacturing…
The bark beetle infestation in Austria’s forests started particularly early due to the mild winter of 2020 and will again cause great economic damage for forest owners, the Austrian Chamber of Agriculture (LKO) informs. The situation is worse than in previous years. The bark beetle has been present since January. Lower Austria,…
The German forestry and timber industry was already in a state of emergency before the coronavirus pandemic: storms, drought and bark beetles have been threatening the industry for over two years. The German companies had already reached their limits in order to cope with the amount of damaged wood and…
The Carrefour International du Bois exhibition has been postponed until next year. Now due to take place from 3 to 5 February 2021. Following a questionnaire that was sent out to the exhibitors and partners of the tradeshow, the organizers decided to postpone the event stating “Please make note of…
Burning large amounts of wood from forests can cut greenhouse gas pollution—but only alongside policies that encourage new trees to quickly absorb carbon dioxide. That’s the conclusion of new research published in Science Advances, which seeks to counter the prevailing view that biomass can worsen climate change. Energy companies in the…
The Ifo Business Climate Index fell to 86.1 points in March, after 96.0 points (seasonally adjusted) in February. This is the strongest decline ever recorded in reunified Germany and the lowest since July 2009. In particular, companies’ expectations of future business activity deteriorated immensely. The assessments of the current situation have also…
Conifex Timber’s net loss in 2019 was $30.4 million on revenues of $157.4 million compared to a net loss of $7.3 million in 2018 on revenues of $379.1 million. The lower revenues were attributable mostly to its lumber segment which recorded reduced shipments reflecting lower operating rates at its BC…
In 2019, the production volume of sawn goods in Finland decreased from the previous year. The production of sawn goods ended up to 11.3 million cubic meters, which was four percent less than year before, according to the Natural Forest Research Institute (Luke). The production volume of plywood decreased 11…
Canfor Corporation completed the transfer of the Vavenby forest tenure to Interfor. According to the announcement, the sale of the Vavenby tenure provides the best opportunity for future economic activities and employment in the local communities. Interfor acquires two replaceable licenses with annual cutting rights of approximately 349,000 cubic meters,…
Tri Nugroho, Director of the Multi-stakeholder Forestry Programme Phase 4 (MFP4) has said exports from Indonesia have moved in line with global market trends for verified legal wood products and that Indonesia’s verified legal timber exports continues to grow with the biggest markets being China, Japan, the United States and…
