Latest News

Page 1 of 1765

US hardwood plywood imports fall

US imports of hardwood plywood held somewhat steady in August, with import volumes declining 4%. Year-todate volumes are up 3% through August...... [more...]

UPM profits down more than expected in Q3/2020

UPM reported a larger than anticipated drop in profits in its third quarter...... [more...]

FEFPEB highlights international squeeze on wood sector

The European Federation of Wooden Pallet & Packaging Manufacturers (FEFPEB) has warned that tighter supplies of wood in some international markets is expected to increase prices into and beyond the final quarter of 2020...... [more...]

European Woodworking Industries appoint former MEP to new role of Director of Public Affairs

CEI-Bois and EOS have appointed Paul Brannen, former UK Member of the European Parliament, to the newly created role of Director of Public Affairs. Paul Brannen will start his mandate on the 1stof November 2020...... [more...]

Company & Product

IAG Auction: Global sale specialist for industrial equipment

International Auction Group, S.L.U. (IAG Auction) is a Spanish company with global reach specialized in the sale of industrial equipment across all sectors. IAG Auction offers a comprehensive service to companies and industries which want to BUY used equipment, as well as to insolvency administrators, lawyers, economists and financial institutions which, due to a closure, relocation or change of production lines wish to SELL their assets... [more...]

Corona Virus

North American lumber prices continue to drop

Recently, producer and wholesaler dimension softwood lumber prices across North America dropped, as expected for this time of year. However, US housing starts data for September 2020 is incredibly strong, so the expectation is that — given ongoing very high demand — asking prices will not approach the low levels of 2019. It is safe to say that a price floor has been reached, although where exactly that will land remains to be seen...... [more...]

Vandecasteele Houtimport has obtained the “SDG Pioneer certificate” from UNITAR CIFAL

On Tuesday 27 October, 88 belgian companies received the SDG Pioneer certificate from UNITAR, the United Nations Institute for Training and Research...... [more...]

Canfor reports record high lumber earnings in Q3

Canfor Corporation reported its third quarter 2020 results. The company reported operating income of $299.6 million, up $202.7 million from the second quarter reported operating income of $96.9 million...... [more...]

Record wood pellet production in Germany

In the third quarter of 2020, with a total production of 792,000 tons (t) of wood pellets in Germany, a previously unattained mark was achieved...... [more...]

UFPI reports record sales in Q3/2020

Universal Forest Products Industries (UFPI) announced record sales of $1.49 billion and net earnings attributable to controlling interest of $77.2 million for the 3Q ended September 26, 2020...... [more...]

Page 1 of 1765

Special Reports

special report

ISC 2020: Corona crisis had an extremely diverse impact on the softwood market

On 8 October 2020 the 68th edition of the International Softwood Conference was held for the first time ever online. Not even the Covid‐19 pandemic could stop producers and traders of softwood lumber from organizing their annual gathering. The Conference was, as usual, organized by the European Organization of the Sawmill Industries (EOS) and the European Timber Trade Federation (ETTF)....... [ more...]

special report
Where's the French oak market heading this autumn?

Where's the French oak market heading this autumn?

The first autumn auctions in France have just been launched by France's Natonal Forest Office (ONF) in a general uncertain political-economic climate. This lack of prospects also concerns the timber market in France. This is one of the conclusions to be drawn from the auction of September 8, 2020 which was not held in Beaune (Côte d'Or), as usual, but in Châtenoy-le-Royal (Saône-et-Loire) due to Covid-19. The entire auction therefore took place entirely online without the physical presence of buyers and observers in the auction room...... [ more...]

special report

The global forest industry in Q2/2020

Sawlog prices fell in most of the major regions of the world in the 2Q/20. A strengthening US dollar, weaker log demand early in the quarter, and sufficient log supply in some markets contributed to the lower prices...... [ more...]