Most viewed news within the last 10 days

  • February 15, 2019 06:51

US hardwood exports might come to Europe instead of China

The on-going trade dispute between the US and China which may lead to an increase in tariffs on US hardwood imports into China (which currently accounts of over 50% of all US hardwood exports) from the current 10% to 25% from March onwards. The trade dispute combined with signs of slowing economic growth in China, has contributed to a sharp decline in the value of the Chinese renminbi against the US dollar.... [more...]

  • February 11, 2019 06:38

Consequences of Brexit on the EU hardwood sector

The 29th March, the date scheduled for the UK’s departure from the EU, is now fast approaching. But there is considerable uncertainty over the exact form Brexit will take on that date, or even if it will happen at all... [more...]

  • February 12, 2019 12:27

Pfeifer plans further investments in the Czech Republic

In addition to the launch of the cross laminated timber plant in Schlitz in mid-2019, Michael Pfeifer spoke with Fordaq at this year's BAU about a number of further investments by the Pfeifer Group over the coming months... [more...]

  • February 14, 2019 10:05

Italy: Storm wood auction in Trentino

A total of 276,500 m3 storm wood from the storm Vaia are being auctioned in the Trentinian community Grignio with the with expiry date February 18, 2019...... [more...]

  • February 13, 2019 11:33

West Fraser announces 2018 annual and fourth quarter results

West Fraser reported results for the fourth quarter and full year of 2018. Ted Seraphim, CEO of West Fraser stated, “The fourth quarter was challenging on a number of fronts including soft lumber markets, difficult weather conditions in the U.S. South, production curtailments ...... [more...]

  • February 14, 2019 12:20

Stora Enso issues its first Green Bonds

Stora Enso has successfully issued its first Green Bonds. The bonds are issued under its EMTN (Euro Medium Term Note) programme...... [more...]

  • February 12, 2019 07:53

Western U.S. sawmills produced 4.3% more lumber in 2018

Western U.S. sawmills produced 14.457 billion board ft. (bbf) of softwood lumber in full-year 2018, a gain of 4.3% from output of 13.857 bbf in 2017... [more...]

  • February 14, 2019 07:13

New MDF/HDF plant in China starts production with Siempelkamp technology

Yekalon has produced the first board at its a new MDF/HDF production line in China. According to the announcement, the completion of the plant is in its final stages and in accordance with the timetable... [more...]

  • February 11, 2019 07:54

Canadian lumber production dropped sharply in November 2018

Canadian lumber production fell 8.5% from October to 5 294.8 thousand cubic metres of lumber in November...... [more...]

  • February 12, 2019 06:50

Steico Group reports record figures for 2018

The Steico Group has published its preliminary figures for 2018 and has recorded new record figures for revenues of around EUR 252 million (previous year: EUR 230.3 million)...... [more...]

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