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Weyerhaeuser reported net earnings of $41 million for the first quarter, or 8 cents per diluted share, on net sales of $1.5 billion. This compares with net earnings of $99 million on net sales from continuing operations of $1.4 billion for the same period last year.... [mai mult...]
Though it is yet too early to give a reliable forecast for the current year, the information provided by the individual country representatives indicates that 2012 will be a challenging year for the European parquet producers with important variations at country level – a situation already visible...... [mai mult...]
The TimberWest Forest Corp. Board of Directors is pleased to announce the appointment of Brian E. Frank as the President and Chief Executive Officer effective May 2, 2012. Mr. Frank comes to TimberWest with an extensive background in the natural resources ...... [mai mult...]
The softwood market in Italy started the first quarter of 2012 with Italian importers and distributors seriously worried about the carpentry sector due to decreasing residential projects. At the end of March the situation became worse because of a payment crisis. Bad weather in February and the new taxes applied to ...... [mai mult...]
Lumber Liquidators, the largest specialty retailer of hardwood flooring in the U.S., announced financial results for the first quarter ended March 31, 2012, and updated its outlook for 2012. Net sales increased $28.4 million, or 17.8%, to $188.0 million in the first quarter... [mai mult...]
Three months before its opening, the 2012 Carrefour International du Bois was fully booked, thanks to a growing number of exhibitors (530), an exhibition surface area increase of 10% compared to 2010 and expected visitors of 10 000 (including 15% of international visitors). The timber industry moves forward... [mai mult...]
Chinese hardwood chip imports will double from 6.3 million Bone Dry Metric Tons (BDMT) in 2011, to 12.7 million BDMT in 2016. Japan's imports of hardwood chips will drop from 9.9 million BDMT to 8.6 million BDMT in the same period, the lowest volume of imports since 1993. This is the forecast...... [mai mult...]
The British economy slides back into recession after official data unexpectedly showed a fall in output in the first three months of 2012. The Office for National Statistics reported a gross domestic product fell of 0.2 per cent in the first quarter...... [mai mult...]
The European Union (EU) on Monday decided to suspend restrictive measures against Myanmar and open an office in Yangon. According to conclusions drawn by the EU Foreign Affairs Council in Luxembourg, the EU will suspend restrictive measures imposed on the Myanmar government, except an arms embargo.... [mai mult...]
China’s demand for logs and lumber fell in late 2011 and early 2012 because of their
slowing housing market. However, over the past ten years, importation of wood products
has increased dramatically, as reported in the Wood Resource Quarterly. Lately, North
American log and lumber exporters have increased their market share in China at the
expense of exporters in Russia and New Zealand.... [mai mult...]