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Tag: Canada

Global timber market review #22/23-2016

31 December 2016 ` 22:21  
- Latvijas Finieris Group opens a new birch plywood mill in Kohila (Estonia), launching products with RIGA logo there, Fordaq reported. After two investment phases worth €80 million in total, a world-class birch plywood mill has been created:...

Global timber market review #20-2016

22 November 2016 ` 02:40  
- According to ITTO, the bankruptcy of the Hanjin shipping line has thrown ports and retailers around the world into confusion. Recently written notices were received from shipping companies and agents that the prices for ocean shipping from...

Global timber market review #18-2016

17 October 2016 ` 18:08  
- Austria-based timber group Binderholz is positioning itself to make greater inroads in the UK’s sawn and planed softwood market following the formation of a new UK division, TTJ reported. The company is looking to sell the products...

Global timber market review #17-2016

3 October 2016 ` 11:18  
- Despite many talks regarding the renewal of the softwood lumber agreement between the US and Canada, the two sides aren’t close enough on numerous key issues. Martin Moen, the Canadian chief negotiator in the softwood lumber talks...

Global timber market review #9-2016

27 May 2016 ` 11:34  
- On May 1, insolvency proceedings on the bankrupt German Pellets Group were opened. The company is now managed by insolvency administrator, and its mills are gradually acquired by various investors. - A trial is underway at the...

Global timber market review #6-2016

7 April 2016 ` 18:19  
- A new deal is being negotiated for sawn softwood exports from Canada to the US market, after the 2006 Softwood Lumber Agreement expired last October, ITTO reported. The US president and Canadian prime minister announced at a...

Global timber market review #4-2016

10 March 2016 ` 01:34  
- According to rough estimations published by ITTO, log imports from the North America to Japan in 2015 were 2.444 million m3, 19.8% less than in 2014, which is the second annual decline in a row. Based on...

Global timber market review #3-2016

28 February 2016 ` 16:18  
- The decline in Canada’s sawnwood exports to China has turned sawmills to look for alternative export markets. Possible candidates to make up for the weak low-grade lumber market in China are South Korea, Japan, India and other...

Global timber market review #23-2015

26 December 2015 ` 00:53  
- In September, Canadian lumber production increased 5.2% from August up to 5563.5 thousand cubic metres. - In the upcoming years, Danzer will invest approximately €15 million in technologies to increase resource efficiency in hardwood production. Danzer plants...

Global timber market review #22-2015

26 December 2015 ` 00:49  
- The consensus at the International Softwood Conference was that the industry is still dealing with the consequences of global recession in many areas. The international speaker line-up at the recent Amsterdam event highlighted different countries emerging from...

Global timber market review #18-2015

5 October 2015 ` 13:46  
- After adjusting production at its spruce sawmills in Finland, Metsä Wood will start statutory employee negotiations to adjust also pine lumber production due to oversupply and price competition. - European lumber exports to Japan in the first...

Global timber market review #14-2015

30 July 2015 ` 15:38  
– Norwegian wood-products company Moelven will shut down Nössemark Trä AB sawmill in Sweden, Fordaq says quoting Sverige Radio. Moelven’s CEO, Erik Sjölund, hopes that a new owner could be found. – China’s Customs has reported that timber...