Tag: Canada

Global Trends Review, November 17-30, 2014: North America waits for housing recovery; EU architects presented construction outlook

A slower than forecast recovery in the North American housing sector continued to dampen earnings among some of the continent’s largest timber producers, TTJ reported. Weyerhaeuser’s wood products division expected earnings to fall towards the end of the...

Global Trends Review, October 20 – November 02, 2014: global lumber outlook by the International Softwood Conference speakers

The sawmill industry feels very different by the two sides of the Atlantic: while North American producers report a good year, European sawmillers are preparing for possible prolonged Holiday season stoppages and maintenance works due to overproduction and...

Global Trends Review, August 11-24, 2014: European construction is forecast to grow marginally by 2016; Chinese construction market risks are overblown

Until 2016, growth in construction in Europe is mainly expected for the North and Baltic Sea region. Meanwhile, the unprecedented housing crisis in Southern Europe has at least hit the bottom. This is the forecast published during the...

Global Trends Review, June 16-29, 2014: New acquisitions and projects in the North American pellet industry; China blocks container shipping alliance

RWE Innogy is selling the largest operating US pellet factory, Georgia Biomass in Texas, as Holzkurier reported. The company is going to dispose of biomass assets as non-core business. The mill was launched in May 2011 and has...

Global Trends Review, January 13-26, 2014: results of 2013 for Central European sawmillers; pellet prices stable, but under pressure

At the beginning of the year the average price of wood pellets in Germany has slightly decreased, as the German Energy Wood and Pellet Association (DEPV) reported. January price is €284.93/t, which is 0.2% lower than in December...

Global Trends Review, October 28 – November 03, 2013: lumber market oversaturation in Japan to end in Q2 2014; companies publish Q3 results

Scandinavian woodworking companies report improving market conditions, higher selling prices and lower raw material costs. Their North American colleagues also publish very positive results, despite lumber prices falling back from Q2, TTJ reported. Setra’s UK sawn timber sales...

Global Trends Review, September 23-29, 2013: Asian countries continue to drive demand for European softwood lumber; EU parquet demand declining

Glue-laminated timber was not able to achieve satisfactory profit margin in Central Europe this year, and finally in September, price mark-ups for glulam were made in Italy and Germany, though they did not reach the goal totally, Holzkurier...

Global Trends Review, July 29 – August 04, 2013: Energy demand for biomass grows; modified timber market developing

Pellet imports from the US to Europe are still on an upward trend. According to statistics provided by Eurostat, in the first four months of 2013, import volume grew by 51% year-on-year to 756,789 tons. In value terms,...

20 ideas of 3rd Global Softwood Log and Lumber Conference (Vancouver)

We present some major ideas of 3rd Global Softwood Log & Lumber Conference held in Vancouver on May 8 by one of our media partners, Canadian company International Wood Markets. Full version of the article is available in...

Global Trends Review, May 20-26, 2013: J-grade demand to decline slightly in Q3; high prices may cut Chinese deliveries of Canadian lumber in mid-term

Weaker lumber prices may hinder any further sawmill start-ups in North America, as reported by International Wood Markets. Until prices in North America stabilize, buyers in China and Japan are likely to act defensively, buying only fill-in quantities....

Global Trends Review, April 29 – May 05, 2013: Canadian quarterly reports: NBSK up, paper down, and OSB surging

Major Canadian and North-West U.S. companies posted first-quarter results last week. Mercer International Inc., operating in Canada and Germany, reported net loss of €0.4 million compared to net income of €1.2 million in 1Q 2012. Total revenues for...

Global Trends Review, April 22-28, 2013: Challenging conditions for Nordic producers; market forces restructurings

The largest Scandinavian companies posted not very cheerful Q1 results. Setra’s net loss was SEK 27 million, which is on par with Q1 2012 levels. Sales decreased slightly. According to company’s CEO Stefan Lundin, strengthening Swedish krona had...