Continued increase in US housing constructions, growing demand for wood, high lumber prices, imposed import tariffs on Canadian lumber, and a strong US dollar are recent market developments that will impact forest products market dynamics in 2017, not only in North America, but on other continents as well, reports the Wood Resource Quarterly (WRQ). The[…]
The global engineered wood market is estimated to reach US$41.2bn by 2022, growing at a compound annual growth rate (CAGR) of 24.8 percent from 2016 – 2022. North America and Europe account for nearly 70 percent of global engineered wood production and will continue to maintain high CAGRs, according to a new report from market[…]
Forestry is one of B.C.’s biggest money makers. With record lumber prices, you might expect the softwood industry to be booming. Instead, it’s going through a series of tough times, forcing an increasing number front-line loggers to throw in the towel. And as Lauren Pullen reports it has local logging associations worried about what the[…]
Following on from last week’s analysis of the changes being made in the Russian forestry industry, we include this week a review by WOOD MARKETS on the major cost reductions being seen in Russia and the potential impact that this will have on their log and processed lumber exports. With major cost reductions arising as[…]
Canfor Corporation reported net income of $66.1 million, or $0.50 per share, for the 1Q 2017, compared net income of $38 million, or $0.29 per share, for the 4Q 2016 and a net income of $26 million, or $0.20 per share, for the 1Q 2016. The Company’s adjusted net income for the 1Q 2017 was[…]
Optimized for harvesting medium sized eucalyptus trees Logset has launched a new product: the harvester head TH65 Euca. As its name implies, the head is designed for harvesting and debarking medium-sized eucalyptus trees. It is the third harvester head designed for harvesting eucalyptus in the TH-series. The TH65 Euca’s dimensions are similar to the Logset[…]
West Fraser Timber Co. Ltd. reports 1Q 2017 earnings of $123 million, up from $42 million a year ago, on sales up 10.4% to $1.19 billion. Lumber segment generated operating earnings of $152 million (4Q 2016 – $107 million) and Adjusted EBITDA of $191 million (4Q 2016 – $144 million). Improved product pricing was the[…]
Ukrainian Holding Sawmilling Company (UHLK) launched timber production at its sawmill in Ukraine. The sawmill produces high quality timber under the brand Rezult. Modern equipment ensures accurate cutting ± 0.5 mm and drying cameras from Austrian company Mühlböck allow to achieve ideal geometry and high quality drying with minimal energy consumption.
The M450e-900 is a lightweight mulcher for attachment to 6-12 ton excavators Weight optimization makes handling a walk in the park. An installed gear motor allows simplified mounting on various excavators as well as rapid changing of carrier units without requiring installation of additional leak oil lines. The M450e-900 has been in use at Frank[…]
The objective for MenSe has been to increase the profitability of modern harvesting by improving the critical point between the trunk and the harvester – the feed rollers. The feed rollers have a significant effect on overall productivity, quality and working ergonomics. The MenSe patented feed rollers are also available with different grip surfaces and[…]