China Log Imports Set Record
China had another record year of softwood log imports in 2018, as more than 16.96 billion BF (40 million m3) of logs landed at Chinese ports, according to a report from Wood Resource Quarterly (WRQ). This was the third consecutive year of year-over-year increases, with 2018 volumes being up 37% from 2015. One trend the report noted is that during the past five years, import volumes have declined from the key supplying regions of Russia and Canada, while they have increased from New Zealand and Australia.
The largest softwood log importing countries to China in 2018 were New Zealand (43% share), Russia (19%), followed by the U.S. (12%), Australia (10%), Canada (6%) and Uruguay (5%). The report noted that Russia’s log import market share in China has been cut in half the past three years, while Japan has tripled its log exports to China.
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Hampton Lumber Purchases Rebuilt
Atlas Holdings has entered into an agreement to sell RedBuilt, LLC to Hampton Lumber Mills, Inc. Atlas formed RedBuilt with the acquisition of the commercial division of Trus Joist from Weyerhaeuser Co. in 2009. Over the next 14 years, the company became an industry leader in the engineering, design and manufacturing of proprietary wood-based structural solutions serving the low-rise commercial construction market. The transaction is anticipated to close in the first quarter of 2024.
Peak NA, Fehr Purchase RPM
Registration is now available for the 2024 Western Wood Producers Assn. (WWPA) Annual Meeting. The meeting will be held at the Hotel Indigo in Vancouver, Wash., April 14-16. To register for the event visit, https://www.wwpa.org/about-wwpa/annual-meeting. To take advantage of the group rate, visit the Hotel Indigo website, and use group code WWP. The deadline for the group rate is March 14, or until the room block is sold out…
WWPA Opens Annual Meeting Registration
Registration is now available for the 2024 Western Wood Producers Assn. (WWPA) Annual Meeting. The meeting will be held at the Hotel Indigo in Vancouver, Wash., April 14-16. To register for the event visit, https://www.wwpa.org/about-wwpa/annual-meeting. To take advantage of the group rate, visit the Hotel Indigo website, and use group code WWP. The deadline for the group rate is March 14, or until the room block is sold out…
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