Latest News

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  • Market Prices
  • July 25, 2016 09:23

U.S.: Softwood and panel markets - Week 29, 2016

Prices of framing lumber continued to strengthen amid steady consumption across the continent. A third consecutive week of price appreciation surprised some traders who had anticipated a mid-summer lull. But despite summer heat that beat down activity in the Midwest and Southeast, supplies overall flowed smoothly through the pipeline... [more...]

  • Forestry
  • July 25, 2016 08:13

West Fraser Timber reports 2Q earnings of $98 million

West Fraser Timber Co. Ltd. reported earnings of $98 million, or $1.22 basic earnings per share on sales of $1,111 million in the 2Q 2016... [more...]

  • Panels
  • July 22, 2016 13:32

Russia: plywood and pulp exports up in January-May 2016

By far the most popular Russian woodworking industry product – plywood – keeps on gaining interest of the international market members. Export volumes, of both Russian plywood and pulp continue their growth... [more...]

  • Wood energy
  • July 22, 2016 13:02

Canfor inaugurates two pellet plants

Canfor opened two new pellet plants in Chetwynd and Fort St. John this week. The two plants worth $58 million were built at Canfor's existing sawmills, and have a combined annual production capacity of 175,000 tonnes of wood pellets... [more...]

Machinery News
  • Machinery News
  • July 22, 2016 11:09

Drema 2016 centre of leaders' meeting supported by Eumabois

On 13-16 September 2016 the 32nd meeting of wood and furniture industries will meet in Poznań in order to create the shape of the market and search for new development directions. Such a mobilisation and stimulation of the industry happens only once a year, during Drema International Trade Fair of Machines and Tools for Wood and Furniture Industries. The prestige of the fair is confirmed by the fact that it is the only industry event in Poland and one of several events in Europe supported by the EUMABOIS European Federation of Woodworking Machinery Manufacturers.... [more...]

  • Wood Construction
  • July 22, 2016 10:18

US housing construction to increase by 13.4% this year

Economic recovery, a drop in unemployment figures as well as an increase in the number of private households are expected to lead to a rise in demand for housing in the USA over the course of the current year... [more...]

  • Interior
  • July 22, 2016 09:14

Turkish ADO-Group expands with Välinge locking system

Välinge has entered a license agreement with Turkish producer ADO-Group. The new agreement entitles ADO-Group to implement locking technology from Välinge in the company's first range of LVT flooring products... [more...]

Forestry
  • Forestry
  • July 22, 2016 08:09

Drones at Ligna 2017

Drones – also known as multicopters or UAVs (unmanned aerial vehicles) – are one of the most important innovations of recent years. In the acquisition of remote sensing data, drones rival helicopters, planes and satellites. However, unlike their conventional counterparts, drones are much easier to deploy and cheaper to run.... [more...]

  • Forestry
  • July 21, 2016 15:12

Russia: log and lumber exports up in Jan-May 2016

In January-May 2016 Russia managed to increase its exports of round wood and sawnwood against the respective period of the last year... [more...]

  • Sawmilling
  • July 21, 2016 14:15

Norvik has completed the sale of Jarl Timber

This month Norvik hf. closed a deal of selling Jarl Timber AB at Broakulla, Sweden to Bergs Timber AB in Mörlunda, Sweden. Through this transaction, Norvik has become 29% shareholder in Bergs Timber... [more...]

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special report

US-Canada softwood lumber dispute: "significant differences" toward a new agreement

The U.S. and Canada have "significant differences" toward a new softwood-lumber trade agreement, after negotiation between the two countries. U.S. Trade Representative Michael Froman and Canadian International Trade Minister Chrystia Freeland released a joint statement Friday stressing that negotiations continue on what they described as an important part of both economies... [ more...]