Estonia's Kaamos Timber secures Euro15 million loan from European Bank for Reconstruction and Development (ERBD). Kaamos Timber to build a new sawmill in south Belarus.
Due to lower short-term demand for oriented strand board (OSB), Louisiana-Pacific Corporation to reduce production by at least 100 million square feet in April. This reduction of almost a third of total OSB capacity is done through a combination of curtailments and reduced schedules.
For the month of April, Weyerhaeuser expects to reduce operating capacity by approximately 20% for lumber, 15% for oriented strand board, and 15% to 25% for engineered wood products through a combination of temporary mill curtailments and reduced shift postures.
Metsä Fibre has made the decision to build the world’s most modern sawmill in Rauma, Finland. Construction will begin in the spring of 2020. Production at the sawmill is set to begin during the 3Q 2022. The coronavirus outbreak may have an impact on the schedules.
Due to the closure of suppliers of critical components, Komatsu Forest will temporarily shut down its production of forest machinery at its factory in Umeå, Sweden. The company agreed with IF Metall on short-term work from April,13 through June, 21 for employees in production.
In order to focus on the ongoing safety and health of Interfor’s employees and as a result of the lumber market disruption, the company will further reduce sawmill production, which will total approximately 50 million board feet for the week of March 30, 2020.
The COVID-19 outbreak has negatively impacted global demand for forest products and disrupted supply chain networks. As a result, Canfor Corporation has implemented the following changes to its operating schedule. Effective March 30, Canadian lumber production will be curtailed by approximately 70 million board feet, o...
Stella-Jones Inc. provided an update on its North American operations in the face of the Covid-19 pandemic and orders issued by Canadian provincial and U.S. state authorities. Stella-Jones plans to continue operations at all of its North America treating facilities and supporting distribution networks while being mindf...
In response to the continuing COVID-19 pandemic West Fraser is taking additional steps to respond to changing operating and market conditions. Effective March 30, lumber production at all British Columbia, Canada, sawmills will be curtailed for one week. Effective March 30, plywood production at the company’s Alberta P...
Norbord Inc. announced that effective March 30, it will commence reducing production across its portfolio of North American oriented strand board (OSB) mills in response to the demand impact of the COVID-19 pandemic.
NorSask will be transitioning, on a temporary basis, to single-shift production by early April 2020. As soon as April 2020, NorSask cannot continue producing large amounts of lumber that it cannot sell into the United States housing market.
In response to the COVID-19 outbreak West Fraser is taking steps to protect its employees and respond to changing market conditions. Effective March 23, lumber production will be reduced at western Canada sawmills by approximately 18%, or 12 million board feet per week and lumber production at the company’s U.S. South ...
Interfor Corporation will implement a number of initiatives in order to adjust its business to operating conditions being impacted by COVID-19. Interfor will temporarily reduce production across its operations in British Columbia, the Pacific Northwest and the US South. These curtailments will initially be for a two-w...
U.S. boxboard production in February decreased 1% compared to February 2019. It was down 1% when compared to the same two months of 2019. The boxboard operating rate was 93.7%, essentially flat (+0.2 pts.) from February 2019 and up 1.3 points year-to-date.
U.S. containerboard production in February increased 10% compared to February 2019. It was up 7% when compared to the same two months of 2019.
The European Pallet Association’s (EPAL) total production and repair volume continued to increase in 2019 and reached 123 million EPAL load carriers. Compared to the previous year, this is an increase of 1%, or 1.2 million pallets more in 2019 (2018 total: 121.8 million).
DS Smith opens its first U.S. recycling plant in Reading, Pennsylvania. The new 43,000-square-foot plant utilizes the innovation and processes that have enabled DS Smith to globally manage more than 5.5 million tons of material for recycling annually and become a leader in its industry.
The total area notified for final felling in Sweden for the whole country was 18 501 hectares in February 2020, which is the same level as in 2019. There is, however, a large variation between different parts of Sweden where the region of Central Sweden showed the highest note in 14 years.
The pace of Canadian housing starts climbed in January from a month earlier on gains in Ontario and Quebec while starts declined in Western Canada. January saw a seasonally adjusted annual rate of 213,224 units started, up 8.8% from the 195,892 starts in December.
Сanada's lumber production decreased 14.2% from November to 4 046.3 thousand cubic metres in December. Production was 6.4% lower than in December 2018.