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Sales of US framing lumber slowed as winter took a toll on consumption across the continent. Snow in the Northwest and rain in California cooled off trading in the West, while the Upper Midwest, Northeast, and much of Canada were in the deep freeze... [more...]
The National System for the ‘Control of Origin of Forest Products’ (Sinaflor) has been strengthened with the addition of three new tools that will make it easier to check production chain information across the country... [more...]
If the US and China could reach a trade deal, President Donald Trump might consider postponing the March 1st deadline for tariffs, he said on the 12th of February... [more...]
"The German economy barely escaped recession in 2018." With this assessment, the German Institute for Economic Research (Ifo) CEO Timo Wollmershäuser has responded to the latest figures from the German Federal Statistical Office... [more...]
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...]
Western Forest Products Inc. reported adjusted EBITDA of $18.0 million in the fourth quarter of 2018. Higher specialty lumber prices and increased lumber shipments in the fourth quarter of 2018... [more...]
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...]
The Board of Södra has decided to allocate SEK 100 million ($10.7 million) to research, of which half will be earmarked for the development of forest management methods and technologies... [more...]
Georgia-Pacific announced in January that it is exiting the communication papers business following an assessment of its long-term competitive position in a declining market. As a result, the company will permanently shut down the communication papers machines ...... [more...]
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...]