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Weyerhaeuser Company and Lapis Energy LP announced the execution of an exclusive exploration agreement for subsurface carbon dioxide sequestration in Arkansas, Louisiana and Mississippi. ... [more...]
In order to contribute to the market's future need for biofuel and strengthen the profitability of the forest farm, Södra is adjusting the base price for GROT, i.e. branches and tops... [more...]
Central/West African producers report international demand remains subdued. In the first nine months of 2023 the EU27 imported 607,300 cubic metres of tropical sawnwood, 14% less than the same period in 2022. ... [more...]
China Customs data shows log imports in 2023 totalled 38.03 million cubic metres valued at US$6.383 billion, a decline of 13% in volume and 25% in value year on year. ... [more...]
After the completion of the test phase for the implementation of the EU Deforestation Regulation (EUDR) last week and the renewed postponement of the vote on the EU Supply Chain Directive, the German Sawmill and Wood Industry Association (DeSH) reiterates its criticism of the projects and warns of distortions for forest and wood industry.... [more...]
The countdown has begun for the highly anticipated 20th Dubai International Wood and Woodworking Machinery Exhibition (Dubai WoodShow), scheduled to take place from March 5-7, 2024, at the prestigious Dubai World Trade Centre, with participation from 682 exhibitors.... [more...]
Hardwood log imports in 2023 fell 20% to 9.926 million cubic metres (26% of the national total log imports). PNG was the largest supplier of hardwood logs to China in 2023. ... [more...]
According to the Federal Statistical Office, the German producer price indices for commercial products such as woodworking machinery and cutting tools developed... [more...]
UFP Industries, the building products manufacturer and distributor, reported fourth quarter 2023 sales declined 20% to $1.52 billion from sales of $1.9 billion in the fourth quarter of 2022.... [more...]
The weak economic environment significantly impacted sales development in the German wood industry in 2023. Industry sales fell by 10.6% to €40.4 billion compared to the previous year, as reported by the Main Association of the German Wood Industry (HDH)... [more...]