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Tag: China

Global timber market review #19-2015

22 October 2015 ` 17:48  
– A Chinese company plans to invest $250 million to build a massive wood-processing plant in New Zealand. Fenglin Wood Industry Group, based in Nanning, has already been carrying out a feasibility study on building and operating a...

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...

Russian timber industry news #17-2015

14 September 2015 ` 22:44  
– RusForest announces plans to develop harvesting operations in its Ust-Ilimsk forest lease areas. The company has recently been subcontracting forest lease areas in Ust-Ilimsk for harvesting by third party. While the subcontracted volumes have been successfully increased,...

Global timber market review #17-2015

14 September 2015 ` 22:38  
– According to a representative from one of the main redwood markets in Beijing, some 12 stores selling redwood products have closed and only 2 remained open as of the end of July. The future for solid wood...

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...

Global timber market review #13-2015

19 July 2015 ` 17:58  
– A new £100 million (€140.33 million) biomass terminal planned for the Port of Liverpool will handle up to three million tonnes of wood pellets per year as part of the decarbonisation of Drax power station. – Setra...

Russian timber industry news #12-2015

1 July 2015 ` 20:27  
– On 5 June 2015, Arkhangelsk PPM started the equipment of the new hemicellulose plant in the start-up & commissioning mode. The technology used for this production is one of the variations of kraft cooking process. – Martin...

Global timber market review #12-2015

1 July 2015 ` 20:25  
– Gradual EU economy revival combined with the global economy upward trend will encourage the growth of demand for the Finnish forest sector products, such a conclusion was reached by the Natural Resources Institute of Finland (Luke). Luke...

Russian timber industry news #10-2015

10 June 2015 ` 16:14  
– Zabaikalsky region governor Konstantin Ilkovsky has visited the site of priority investment project TsPK Polyarnaya. According to the regional authorities, the project is going on schedule. The project will comprise three stages. – On 18 May 2015,...

Russian softwood lumber prices continue to fall on global markets

18 June 2015 ` 15:11  
During January-April 2015, the price of Russian softwood lumber fell by 23% (yoy) to an average of $134 per cubic metre (average price on the Russian border). The volume of exports increased by 4% (yoy) to 7.3 million...

Global timber market review #7-2015

20 April 2015 ` 15:52  
– Ukrainian parliament (Verkhovha Rada) has imposed a 10-year ban on unprocessed log exports. – Despite the decline in domestic consumption by 11%, Sweden’s wood pellet production increased by 4% in 2014, mainly due to increased exports. –...

Global timber market review #6-2015

7 April 2015 ` 14:23  
– American woodworking equipment producer USNR announced that it has acquired Söderhamn Eriksson (Sweden). – Raute Corporation will supply plywood equipment for the veneer mill of Latvijas Finieris Group in Kohila, Estonia. – Stora Enso plans to rationalise...