Segezha Group continues the modernization of the Karelian Wood Company, a logging and wood processing company. More than RUB 100 million ($1.3 million) has already been invested in the plant's modernisation. Moving forward, the company plans to expand its production capacity and secure further investments to the tune o...
In value terms, the Far East, Russia, amounts 42%, the maximum share of roundwood in the total volume of exports of wood and wood products.
Price for a New Zealand unit (NZU, is equivalent to 1 ton of CO2) reached a record $47. But it could soar to $140 within three years. This will inexorably lead to an increase in the price of forestlands.
In May 2021, Euro 3.6 million of Slovenia's roundwood was purchased from private owners in Slovenia, which is almost 19% less than in the previous month and about 18% more than a year ago.
Carbotech Group has announced its acquisition of Autolog, a company specializing in wood processing optimization and automation. Thanks to Autolog’s optimization and automation services, the company will now be able to provide an even greater range of solutions.
Lesprom Network today announces the launch of a beta version of the wood export and import data analysis service Lesprom Analytics. The service collects data on the export and import of wood products around the world.
Microtec (formerly FinScan) to deliver three Finscan sorting systems for dry sorting departments at ULK’s new Pinega sawmill to be constructed in the Arkhangelsk region, Russia. The Pinega sawmill is expected to begin operations in 2023 and manufacture sawn softwood and pellets.
Based in Portland, Oregon, Campbell Global has $5.3 billion in assets under management and manages over 1.7 million acres of timberlands worldwide with over 150 employees.
Despite high lumber prices, log prices in the U.S. South remained at the same low level as in previous years. However, this gap is beginning to close. Atlanta-based Domain Capital Group, which manages $600 million in forestry assets, is already seeing growing prices for standing timber. Scott Reaves, director of forest...
In April 2021, Euro 4.4 million of roundwood was purchased from private owners in Slovenia, which is 46% less than in the previous month and 74% more than a year ago.
The British Columbia government is making regulation changes to help forest-sector contractors stay in business, improve competitiveness and prosper.
The Swedish gross felling remained high during 2020 and amounted to just over 93.3 million m3 standing volume, according to preliminary statistics from the Swedish Forest Agency. This is a small increase compared to 2019.
New Zealand’s export prices for forestry products rose 7% in the March 2021 quarter. Within that category, prices for wood exports rose 9.1% over the quarter to reach the highest prices on record, slightly exceeding the previous peak in the June 2020 quarter.
Keta Kosman, Publisher of Madison’s Lumber Reporter, monitors lumber prices every day. She thinks we are in a new era for the economy. In the 1950s, there was much infrastructure building, it was all a huge boom for the economy for two decades. We're in a similar situation right now, she says. The U.S. administration i...
In March 2021, Euro 8.2 million of Slovenia's roundwood was purchased from private owners in Slovenia, which is about 61% more than in the previous month and about 57% more than a year ago.
Increased demand for hardwood fiber in key pulp-producing countries and a weaker US dollar resulted in higher hardwood pulplogs prices in the 4Q 2020, as Wood Resources International reported.
In the financial year 2020, the Pölkky Group’s turnover was Euro 160 million, compared to Euro 168 million in 2019. Net loss for the financial year was Euro 0.2 million. The Group’s financial position weakened, with an equity ratio of 28.6%.
In 2020, Russian exports of softwood logs fell by 18.8% y-o-y to 6,9 million m3, while the average price dropped 3.8% to $76.0 per m3.
Germany exported a total of 12.7 million m3 of raw wood worth Euro 845 million in 2020. In terms of quantity, this was an increase of more than a third (42.6%) compared with 2019.
Demand for wood products remains high, but their supply is limited. Despite full production and manufacturing records in March, Swedish sawmills currently have their lowest stock levels for over 20 years, which has put pressure on sawn wood prices.