Electric railway engines, artificial intelligence, machine vision and an extensive network of wood terminals are used for wood logistics at Metsä Group’s Kemi bioproduct mill in Finland.
Imports of logs to Japan decreased 12%.
British Columbia province is providing more than $350,000 to Okanagan College in Vernon to deliver its professional logging truck driver training program.
In September, the value of Slovenia's roundwood purchased from private owners was 9% higher at the monthly level and almost 19% lower at the annual level.
Exports of logs from New Zealand decreased 4%.
Price for softwood logs imported to China slipped 5%.
During Q3 2022 GreenFirst Forest Products Inc. recorded a net loss of $23.3 million and Adjusted EBITDA loss of $7.9 million.
British Columbia delegates are set to embark on the first post-COVID-19 forestry trade mission to Japan, seeking to increase market opportunities.
Old-growth logging declines to record lows in British Columbia, Canada.
The import volume decreased 20.4% to 174.2 thousand m3.
Weyerhaeuser Company reported 3Q 2022 net earnings of $310 million, or 42 cents per diluted share, on net sales of $2.3 billion. This compares with net earnings of $482 million, or 64 cents per diluted share, on net sales of $2.3 billion for the same period last year.
New Zealand export logs price contract 12% in September.
A halt in Russian log exports and reduced wood demand in China contributed to a 20% decline in international softwood log trade in the 1H 2022.
Metsä Group will offer added benefits to its committed owner-members by paying a double bonus on wood purchased through delivery sales between 1 November 2022 and 31 January 2023.
The business activity index of the construction industry was 60.2%, increase 3.7 percentage points from the previous month.
Wood processing company UAB Juodeliai, production unit in Marijampolė, and for the first time in the Baltic States, has been equipped with a tomograph that will allow raw wood to be used even more efficiently. This investment of over Euro 3 million.
In July 2022, a total of 3.2 million m3 of roundwood was harvested for industrial use in Finland. This removal volume was down 5% from the previous year and 1% from the five-year July average.
In total, 114 companies participate in the trade fair.
In the first half of 2022, Precious Woods' sales growth was 15.2% over the same period of the previous year, and EBIT fell by Euro 0.7 million. This result reflects the difficult economic environment and substantial corresponding cost increases.
Average price of logs declined 20%.