Woodworking news

11 hours ago

Global wood pellet demand increased

The size of the global wood pellet market for 2019 was estimated to be valued at over $8.5 billion, and is estimated to exhibit over 10% CAGR from 2019 to 2025, said Global Markets Insights October 2019. Over 22 million tons of wood pellets were shipped globally in 2018, up 21% from 2017. The US, Ca...

November 8, 2019

Enviva breaks ground on wood pellet export terminal in Mississippi

International Trade185

Enviva breaks ground on new marine export terminal in the Port of Pascagoula’s Bayou Casotte Harbor, Mississippi. The ceremony marks the beginning of construction of the $90 million terminal, as the company says in the press release received by Lesprom Network. Upon completion of construction, wood ...

November 8, 2019

Donaldson Timber Engineering names Luke Roberts as Managing Director

Management/Corporate changes/Labour137

James Donaldson & Sons Ltd has appointed Luke Roberts as Managing Director for Donaldson Timber Engineering (DTE). Luke succeeds Jonathan Fellingham, who has been managing director of the business since 2009, as the company says in the press release received by Lesprom Network.Luke joined DTE in...

November 8, 2019

Moelven’s 3Q operating revenues decreased to NOK 43.6 million ($4.8 million)

Finance120

Moelven Industrier ASA achieved operating revenues of NOK 43.6 million ($4.8 million) in the 3Q 2019. This is a decrease of NOK 86 million ($9.5 million) compared to the same period of 2018, as the company said in the press release received by Lesprom Network.“This quarter was characterised by the m...

November 8, 2019

Japan’s wooden kitchen furniture imports up 9% in August

International Trade157

Exporters of wooden kitchen furniture to Japan have great difficulty capturing market share from the top two suppliers, the Philippines and Vietnam which accounted for 44% and 41% respectively of all August arrivals of wooden kitchen furniture, as ITTO reported.Japan’s year-on-year August import val...

November 8, 2019

Bürkle North America appoints Kurt Palmer as new President and CEO

Management/Corporate changes/Labour112

Bürkle North America has appointed Kurt Palmer as President & CEO, replacing Helfried Weinzerl who is stepping down after seven years. This leadership appointment is effective immediately, as the company says in the press release received by Lesprom Network.Palmer has over 30 years of experience...

November 8, 2019

Sveaskog's net sales increased by 6% in January-September 2019

Finance141

Sveaskog's operating profit for the period January-September 2019 amounted to SEK 1,133 million ($116.8 million), an increase of 10% compared with the corresponding period 2018. The operating profit for the 3Q 2019 individually was also better and amounted to SEK 301 million ($31 million), as the co...

November 8, 2019

Interfor Corporation reports 3Q net loss of $35.6 million

Finance154

Interfor Corporation (“Interfor”) recorded a net loss in 3Q 2019 of $35.6 million, or $0.53 per share, compared to a net loss of $11.2 million, or $0.17 per share in 2Q 2019 and net earnings of $28.2 million, or $0.40 per share in 3Q 2018.Adjusted net loss in 3Q 2019 was $11.8 million compared to an...

November 8, 2019

Georgia-Pacific opens $135 million state-of-the-art lumber facility in Warren County, Georgia

Investments1067

Georgia-Pacific opens its newest lumber facility with an onsite dedication in Warren County, Georgia. The $135 million, 340,000-square-foot technologically advanced lumber production plants its flag on the same site as an existing lumber mill. The new facility currently adds more than 80 workers to ...

November 8, 2019

Södra to extend production stoppages at its sawmills during the Christmas and New Year period

Södra has decided to extend production stoppages at some of its sawmills during the Christmas and New Year period. The move is in response to lower demand for sawn timber in the months ahead. The stoppages are expected to reduce production by 30,000 cubic metres, as the company says in the press rel...