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Plans and Strategy – Wood Markets News
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class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/PewJUAUi9FEQtgNXUykG.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Machinery_and_Equipment_7/">Machinery</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="116122" href="/en/news/Albany_plans_to_discontinue_manufacturing_operations_in_Olten_Switzerland_116122/">Albany plans to discontinue manufacturing operations in Olten, Switzerland</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-11-22T23:23:01+03:00">November 22, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>Albany International Corp. announces plans to consolidate manufacturing capacity.</p></div> </article> <article id="news_116084" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/WiA4EfDcbVyCo56oWHJK.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Timberlands_1/">Timberlands</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="116084" href="/en/news/Forest-preservation_credits_gain_approval_as_ICVCM_endorses_Verra_methodologies_116084/">Forest-preservation credits gain approval as ICVCM endorses Verra methodologies</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-11-20T22:10:17+03:00">November 20, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>ICVCM certifies Verra's REDD methodology and JNR framework, reinforcing integrity for 423 million credits in pipeline.</p></div> </article> <article id="news_116068" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/HUn9srxpVVSFyUh95D5z.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Lumber_19/">Lumber</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="116068" href="/en/news/Weyerhaeuser_to_invest_500_million_in_new_facility_in_Arkansas_116068/">Weyerhaeuser to invest $500 million in new facility in Arkansas</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-11-19T23:42:53+03:00">November 19, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>The new facility will expand Weyerhaeuser’s engineered wood products capacity, adding approximately 10 million cubic feet of annual production capacity.</p></div> </article> <article id="news_116057" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/UQdP69TBp6v5Pox4hrm9.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Cross_Laminated_Timber_CLT_61/">Cross Laminated Timber</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="116057" href="/en/news/QXO_bids_for_Beacon_Roofing_in_potential_6_2_billion_acquisition_116057/">QXO bids for Beacon Roofing in potential $6.2 billion acquisition</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-11-19T17:54:00+03:00">November 19, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>The deal is expected to close by the end of the year, though negotiations remain uncertain.</p></div> </article> <article id="news_116056" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/bkMBAHo5hExySYyFDDXM.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Homebuilding_60/">Homebuilding</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="116056" href="/en/news/U_S_building_permits_drop_0_6_in_October_2024%3B_housing_completions_surge_16_8_year-over-year_116056/">U.S. building permits drop 0.6% in October 2024; housing completions surge 16.8% year-over-year</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-11-19T17:40:13+03:00">November 19, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>Housing completions showed significant year-over-year growth, increasing 16.8%.</p></div> </article> <article id="news_116040" class="story-package wire-block-image wire-blocks"> <div class="wire-block-second no-image"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Wooden_Panels_20/">Wooden Panels</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="116040" href="/en/news/Uniboard_moves_forward_with_Val-d%E2%80%99Or_particleboard_plant_modernization_program_116040/">Uniboard moves forward with Val-d’Or particleboard plant modernization program</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-11-19T00:08:53+03:00">November 19, 2024</time> </div> </div> </div> <div class="wire-block-third no-image"><p>The modernized Val d’Or particleboard/TFL facility will be the most advanced particleboard site in North America.</p></div> </article> <article id="news_115935" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/gWhxVPtdiUrOKtxi6sw8.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Timberlands_1/">Timberlands</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115935" href="/en/news/Forests_Ontario_becomes_Forests_Canada_115935/">Forests Ontario becomes Forests Canada</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-11-08T23:52:43+03:00">November 8, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>A new name dedicated to diverse, resilient, thriving forests across Canada.</p></div> </article> <article id="news_115897" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/rdemdOzUBy8gm9rQMfTV.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Lumber_19/">Lumber</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115897" href="/en/news/Interfor_posts_106_million_net_loss_for_Q3_2024_amid_weak_lumber_market_115897/">Interfor posts $106 million net loss for Q3 2024 amid weak lumber market</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-11-07T02:23:22+03:00">November 7, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>Falling lumber prices, production cuts, and strategic exits from Quebec impact quarterly results.</p></div> </article> <article id="news_115896" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/NArzfC5TK3322PiEmm5b.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Timberlands_1/">Timberlands</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115896" href="/en/news/Rayonier_completes_495_million_timberland_sale_reports_strong_Q3_income_115896/">Rayonier completes $495 million timberland sale, reports strong Q3 income</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-11-07T02:00:20+03:00">November 7, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>Rayonier Inc. posted third-quarter net income of $28.8 million and announced large timberland dispositions to cut debt.</p></div> </article> <article id="news_115890" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/ywH6bffNDAPmugbVQr6Q.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Lumber_19/">Lumber</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115890" href="/en/news/EU_faces_potential_softwood_shortage_amid_hardwood_surplus_study_reveals_115890/">EU faces potential softwood shortage amid hardwood surplus, study reveals</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-11-06T21:09:00+03:00">November 6, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>A detailed spatial analysis highlighted potential wood supply constraints in Europe, underscoring shortages in softwood for sawmills and bioenergy sectors amid surplus hardwood availability.</p></div> </article> <article id="news_115853" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/gNck4aSvNu59paZj9gGR.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Lumber_19/">Lumber</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115853" href="/en/news/Microsoft_pioneers_wood-built_datacenters_to_reduce_carbon_emissions_115853/">Microsoft pioneers wood-built datacenters to reduce carbon emissions</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-11-05T02:59:44+03:00">November 5, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>The company is leveraging cross-laminated timber (CLT), a strong, fire-resistant wood, to construct two datacenters, reducing reliance on steel and concrete, major sources of global emissions.</p></div> </article> <article id="news_115840" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/UOSJK4cMOBu6K6ACS9ic.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <span class="mf-byline news-topic lesprom-plus"><a href="/en/news/plus/">Lesprom Plus</a></span> <span class="mf-byline divider">|</span> <a class="news-topic-link" href="/en/news/products/Lumber_19/">Lumber</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115840" href="/en/news/Appalachia%E2%80%99s_hardwood_industry_faces_collapse_under_economic_strain_115840/">Appalachia’s hardwood industry faces collapse under economic strain</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-11-04T18:02:19+03:00">November 4, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>Trade challenges, falling demand, and mill closures threaten survival of region's logging sector.</p></div> </article> <article id="news_115805" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/BNhxkkOFA2sWOViyyHh7.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Printing_%26_Writing_Papers_31/">Printing Papers</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115805" href="/en/news/Sylvamo_International_Paper_terminate_Georgetown_supply_agreement_115805/">Sylvamo, International Paper terminate Georgetown supply agreement</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-10-31T23:28:00+03:00">October 31, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>The agreement will terminate Dec. 31, 2024.</p></div> </article> <article id="news_115804" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/TSsFRM7ATH4zE6wV7Uur.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Wood_Pulp_22/">Wood Pulp</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115804" href="/en/news/International_Paper_explores_options_for_global_cellulose_fibers_business_announces_Georgetown_mill_closure_115804/">International Paper explores options for global cellulose fibers business, announces Georgetown mill closure</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-10-31T20:25:30+03:00">October 31, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>The closure will impact 674 employees.</p></div> </article> <article id="news_115777" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/H8gSW3appbWviuzU7Qai.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Timberlands_1/">Timberlands</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115777" href="/en/news/USDA_invests_265_million_to_conserve_private_forests_across_the_US_115777/">USDA invests $265 million to conserve private forests across the US</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-10-30T17:18:16+03:00">October 30, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>The ongoing conservation of private forestlands aims to enhance ecological, economic, and social outcomes, directly benefiting underserved areas across the country.</p></div> </article> <article id="news_115762" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/zMpgDaxh9kyp3jEKnrZU.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Wooden_Panels_20/">Wooden Panels</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115762" href="/en/news/Unilin_to_start_recycling_MDF_on_industrial_scale_at_its_Bazeilles_site_in_France_115762/">Unilin to start recycling MDF on industrial scale at its Bazeilles site in France</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-10-29T23:44:50+03:00">October 29, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>Unilin is investing in the world’s biggest MDF recycling plant. Unilin’s Bazeilles plant is already recycling 1500 kilos of MDF an hour, with the intention of exponentially increasing this rate from September 2025.</p></div> </article> <article id="news_115756" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/U6aCOSzWMg2iBJekTwan.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Wood_Pulp_22/">Wood Pulp</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115756" href="/en/news/UPM_reports_32_jump_in_Q3_EBIT_as_sales_dip_amid_mixed_market_conditions_115756/">UPM reports 32% jump in Q3 EBIT as sales dip amid mixed market conditions</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-10-29T16:51:00+03:00">October 29, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>The full production ramp-up at Paso de los Toros significantly contributed to earnings despite demand slowing during the year.</p></div> </article> <article id="news_115716" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/Gjne8grHkXrQo2nCEPUa.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Machinery_and_Equipment_7/">Machinery</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115716" href="/en/news/Segezha_Group_advances_reverse_engineering_to_replace_foreign_equipment_at_Segezha_Pulp_and_Paper_Mill_115716/">Segezha Group advances reverse engineering to replace foreign equipment at Segezha Pulp and Paper Mill</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-10-27T22:49:35+03:00">October 27, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>Before the sanctions, Segezha relied heavily on suppliers like Austria’s Andritz AG and Germany’s Voith for critical machinery.</p></div> </article> <article id="news_115712" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/Fa9vYxP7uA6DcQJXBVMb.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Homebuilding_60/">Homebuilding</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115712" href="/en/news/German_construction_leader_Peri_projects_growth_in_Russian_sector_expands_operations_115712/">German construction leader Peri projects growth in Russian sector, expands operations</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-10-27T21:43:00+03:00">October 27, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>According to the company's Telegram channel, Peri has actively adapted its offerings to Russia’s evolving construction needs.</p></div> </article> <article id="news_115711" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/iBKdcWfspjUhWQ6XntJG.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Wood_Pulp_22/">Wood Pulp</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115711" href="/en/news/Canfor_reports_560_million_Q3_loss_driven_by_asset_write-downs_and_weak_lumber_demand_115711/">Canfor reports $560 million Q3 loss driven by asset write-downs and weak lumber demand</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-10-26T03:57:00+03:00">October 26, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>Canfor anticipates continued pressure on the North American lumber market for the rest of 2024. 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