Tag Archives: log

Taigatech uses artificial intelligence to track logs

Taigatech has developed a unique technology that, in a cost-effective and time-efficient way, can recognize a log with the help of artificial intelligence, which makes it possible to recover more timber per sawn log. The company now becomes a member of the bioeconomy cluster Paper Province. Taigatech, from Sweden, has developed a recognition technology that […]

Report shows changing demand for wood fiber is impacting residuals markets

wood fiber demand

As global consumer trends and demands continue to shift at an escalating pace, a new Forest2Market report shows that both structural and temporal market shifts in recent decades have impacted the markets for wood fiber residuals. The report, Changes in the Residual Wood Fiber Market 2004 to 2017, analyzes data from the U.S. Forest Service, […]

UPM increases the fair value of its forest assets in Finland and changes the accounting policy of forest renewal costs

upm

UPM increases the IFRS fair value of its forest assets in Finland, mainly due to higher forest growth estimates. In addition, the company adjusts its long-term wood price estimates slightly. The impact of these changes on the fair value of forest assets is approximately EUR 320 million and will be reported as an item affecting […]

Canada remain a major lumber supplier to the US

lumber supplier

Canada will continue to be a major supplier of softwood lumber to the US in the next decade, with the export volume from the Eastern provinces being forecasted to increase substantially, according to a study by ForestEdge and Wood Resources International (WRI). The two major lumber-producing regions of Canada, the Western region (British Columbia and […]

Pulpmills in the US Northwest struggling to build log inventories for the winter

Pulpmills

Sawmills and pulp mills in the US Northwest have been struggling to build log inventories for the winter season because of the unusually long fire season this year. Increased competition for small-diameter logs in the four states of the US Pacific Northwest has resulted in a higher share of logs being consumed by sawmills, thus […]