New home sales in U.S. increase 6% in November 2024
2024年12月23日 · 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 …
Year in review: Key events in forest industry that captivated …
2024年12月31日 · 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.
Owner of Europe’s largest sawmill files for bankruptcy
2024年11月26日 · The Ziegler Group, one of Europe’s largest wood industry enterprises, has filed for bankruptcy through its parent company, Ziegler Holding GmbH.
SAF supply chain from logging residues in Georgia could cut …
2024年12月26日 · 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 ...
Södra plans to divest 153 thousand hectares of forest holding in …
2025年1月10日 · Södra has decided to divest its forest holdings and related activities in the Baltics as part of its strategy to focus on members' forests and maximize value for these estates. The decision involves approximately 153 thousand hectares of land, mainly located in Latvia, with the remainder in Estonia ...
Judge Wang orders customs to revisit China evasion findings in …
2024年12月19日 · Judge Lisa W. Wang of the U.S. Court of International Trade (CIT) has partially overturned and remanded a negative evasion ruling by U.S. Customs and Border Protection (CBP) under the Enforce and Protect Act (EAPA). The case involves allegations of wooden cabinet imports transshipped from China through Malaysia to avoid antidumping (AD) and countervailing duties (CVD), harming the domestic ...
Norske Skog Skogn signs 3-year power contract with Statkraft
2024年12月24日 · 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.
Smurfit Westrock produces 100% paper-based alternative to …
2025年1月9日 · Smurfit Westrock has produced a 100% paper-based alternative to the polyethylene stretch wrap which is commonly used to stabilise pallet loads in transportation. The innovative new solution is made from Nertop Stretch Kraft paper which is fully recyclable. Its capabilities also include high energy ...
30-year mortgage rate rises to 6.85% - lesprom.com
2024年12月26日 · The latest results from Freddie Mac's Primary Mortgage Market Survey reveal that the 30-year fixed-rate mortgage (FRM) averaged 6.85% as of December 26, 2024, up from 6.72% last week. This marks the second straight week of increases and a rise from 6.61% recorded a year ago at this time. The 15 ...
In November, price for logs imported to China dips 3%
2024年12月24日 · Imports of logs to China lost 10%. In November 2024, the average price for logs imported to China slipped 3% compared to the previous m...