Tag: lumber

The American Thanksgiving holiday predictably dampened lumber market activity

As is historically usual for this season, demand — and therefore prices — of most softwood lumber items dropped during the US Thanksgiving holiday week. This time of year, is normally marked by slowing construction activity thus lower...

Interfor to acquire Eacom Timber

Interfor Corporation has reached an agreement with an affiliate of Kelso & Company to acquire 100% of the equity interests of Eacom Timber Corporation. The purchase price is CAD 490 million, on a cash and debt free basis,...

US lumber prices fell sharply

After some waffling by suppliers, sharply decreased sales volumes, and strong push-back from customers, this week the wholesaler price of benchmark construction framing dimension softwood lumber item Western Spruce-Pine-Fir KD 2×4 #2&Btr, for the week ending June 11,...

N. American lumber prices at record levels

To the astonishment of all, in the week ending Feb. 19, 2021, the price of benchmark softwood lumber commodity item Western S-P-F KD 2×4 #2&Btr climbed +$20, or +2%, to US$1,012 mfbm, from $992 the previous week. Last...

In 2019, the capacity of the railway tracks of Ustyansky LPK increased

Last year, the full load of the train took from two to three days. At the moment it takes no more than 24 hours. ULK group of companies is one of the key clients of JSC “Russian Railways”...

Russian Timber Journal 07-2019: Slowdown in Russian economic growth in H1 2019; for 5 months 2019, the EU has reduced the volume of import of pellets; Federal Forestry Agency: timber harvesting in the Russian constituent entities for 10 years; export of parquet from the European Union decreased; CEPI has published statistics on the securities industry for 2018

Russian Timber Journal 07-2019: Slowdown in Russian economic growth in H1 2019;  for 5 months 2019, the EU has reduced the volume of import of pellets; Federal Forestry Agency: timber harvesting in the Russian constituent entities for 10 years; export...

Belarus invests €21 million in the creation of a new sawmill and pellet production

Investors plan to complete the project by 2022. This was reported in the economic Department of the Bobruisk City Executive Committee. BR-Wood LLC will implement the project in Bobruisk. 26 real estate objects which are in property of...

Russian Timber Journal 06-2019: WhatWood interview with President of United Panel Group; downward pricing trend for logs continues; packaging industry: on the way to circular economy; In 2018, China is increasing trade in wood; WhatWood’s statistics of log price index in Russia

Russian Timber Journal 06-2019: WhatWood interview with President of United Panel Group; downward pricing trend for logs continues; packaging industry: on the way to circular economy; In 2018, China is increasing trade in wood; WhatWood’s statistics of log...

Pestovskiy timber industry complex: the Brenta sawmilling line comes out on key performance indicators

This was reported by the corporate press service on July 05, 2019, for one shift about 70 cubic meters of sawlog are processed. The plans are to increase production capacity to 100 cubic meters per shift. Pestovsky LPK...

Conifex sold Hampton Lumber sawmill for $39 million

24 June 2019,  Conifex Timber Inc. signed an agreement with Hampton Lumber (the “Purchase Agreement”) to sell the Fort St.James sawmill and the corresponding forest license. The purchase price is about $39 million plus the market value of...

The Ministry of industry and trade included the investment project of TPK “Vostok-Resurs” in the list of priorities

On June 11, 2019, the Minister of industry and trade of the Russian Federation Denis Manturov signed the corresponding order on inclusion of the investment project of TPK “Vostok-Resurs” LLC in the list of priority projects in the...

May 2019 was a record month for Lesosibirsky LDK №1 for the main production indicators for the last three years

More than 76 thousand cubic meters of roundwood were used for sawmill production, which is 20% more than in May 2016.  The best indicators were also the volume of drying and shipment of finished products – more than...