Nov 26, 2024 · The Ziegler Group, one of Europe’s largest wood industry enterprises, has filed for bankruptcy through its parent company, Ziegler Holding GmbH.

Dec 23, 2024 · New single-family home sales in the United States rose to a seasonally adjusted annual rate of 664 thousand units in November 2024, a 6% increase from October’s revised figure of 627 thousand units and 9% higher than November 2023’s rate of 611 thousand units, according to the U.S. Census Bureau and the Department of Housing and Urban Development.

Dec 31, 2024 · Stable prices for timber and lumber in the U.S. Scott Reaves of Domain Timber Advisors shared projections for the U.S. timber market, indicating minimal price movements and subdued demand due to high interest rates and an economic downturn. By the end of the year, these forecasts were correct: lumber prices stabilized at $400 per thousand board feet, with a slight increase at the end of the year.

Jan 6, 2025 · President-elect Donald Trump’s threat to impose a 25% tariff on Canadian imports could significantly disrupt the U.S. lumber supply chain, according to Rajan Parajuli, an associate professor of forest economics and policy at NC State University. Canada, one of the largest global producers of softwood lumber, exported 28.1 million m3 …

Dec 25, 2024 · In November 2024, the average price for the lumber exported from Thailand to China slipped 0.4% comp...

Dec 24, 2024 · Statkraft and Norske Skog Skogn have entered into a 3-year industrial power agreement for the supply of approximately 1 TWh (40 MW) during the period 2027–2029 to the company's paper mill in Skogn, Norway. Together with previous contracts, the agreement secures a significant portion of the mill's power supply at competitive terms through 2030.

Jan 15, 2025 · The Canadian Real Estate Association (CREA) forecasts a 9% increase in residential property sales across Canada in 2025, projecting 532,704 units sold, while the national average home price is expected to climb by 5% to $722,221. CREA’s projections extend into 2026, with a further 4.5% sales ...

Jan 3, 2025 · In October 2024, domestic prices for densified biomass fuel averaged $236 per ton, increasing by 1.8% from September's $232 per ton and 3.2% higher than October 2023's $229 per ton, according to the U.S. Energy Information Administration. Production reached 0.93 million tons, an 8.1% increase from ...

Dec 27, 2024 · Active housing listings in the U.S. increased 12% year-over-year as of December 22, marking the smallest growth since March. The rise in supply is partly due to homes lingering on the market, according to a report by Redfin. Median sale prices grew by 6% to $383,725, while the median asking price ...

Dec 26, 2024 · Sustainable aviation fuel (SAF) derived from logging residues could reduce carbon emissions by 70% compared to conventional aviation fuel (CAF), according to a study conducted by Hosne Ara Akter and Puneet Dwivedi from the Warnell School of Forestry and Natural Resources at the University of Georgia, and Yu-Kai Huang from the Institute for Sustainability, Energy, and Environment at the ...