Southern pine exports—both treated and untreated—were 13% higher year-to-date through October compared to the same period in 2023, the SFPA and USDA reported.
News in international markets
Victoria, Australia, Faces Severe Wildfire Threat Amid Heat Wave and Winds
Victoria, Australia’s second-most populous state, braced for potentially devastating wildfires during the holiday week, The Associated Press reported.
New Forestry Activity Could Inject €27 Million Into Rural Ireland’s Economy in 2025
An expected increase in new forestry activity in Ireland could inject more than €27 million (US$28.39 million) into the rural economy next year, the Irish Independent reported.
Sveaskog Sells Its 50% Share in Setra Group to Mellanskog
Sveaskog and Mellanskog announced that they have signed a letter of intent regarding the sale of Sveaskog’s holding in Setra Group to Mellanskog.
Machinery Failure Forces Greenply Industries to Pause Production at Its Gujarat, India, MDF Plant
Greenply Industries announced a temporary shutdown of manufacturing operations at the MDF plant of its wholly owned subsidiary, Greenply Specialty Panels Private, CNBC-TV18 reported.
Canfor Acquires Additional Outstanding Shares of VIDA
Canfor has increased its ownership of VIDA to 77% by acquiring an additional 7% of outstanding shares from minority shareholders.
USNR Expands, Acquiring Sweden’s Sågteknik
USNR recently shared that is has acquired Sågteknik i Södermanland, a sawmill technology company in Sweden.
Southern Pine Lumber Exports Surge in 2024 Despite Quarterly Fluctuations
According to data recently released by the USDA’s Foreign Agricultural Services’ Global Agricultural Trade System, exports of Southern Pine lumber […]
Timber Development UK Timber Import Report Highlights Mixed Trends
Timber Development United Kingdom (TDUK) released its Q3 2024 timber import volumes report on December 6, 2024. The report highlights […]
US Wood Pellet Exports Decline in October
The US exported 839,226.4 metric tons of wood pellets in October, down from 898,128.2 metric tons in September, a Biomass Magazine review of USDA data shows.