Canfor’s Q1 report in 2025: $29 million deficit, $31 million loss. Timber prices surged due to shortages. Canfor Pulp benefited from improved market conditions.

In October 2024, Stora Enso acquired Junnikkala Oy’s sawmill and established a new packaging board machine in Oulu, Finland for cost-effective wood supply with the acquired sawmills.

In 2024, Peab and Södra collaborated to develop a hybrid solution for frames, combining precast concrete with cross-laminated timber to meet climate requirements.

Market fundamentals were stable with producer inventory cuts. Q4 2024 saw a 22% pulp production decline due to a shutdown. Challenges remain with British Columbia’s fiber availability. Quarterly operating income was $4 million, with net income of $3 million ($0.04/share).