Lower prices in Asia cause sharp drop in Metsa Group’s revenues
The profit of the major Finnish forest industry company Metsa Group worsened remarkably in April-July, as prices in China [...]
August 13, 2019
Companies in the timber industry / Latest Trends / ...Market Analysis / Forestry / Industry Prices / Pulp & Paper / Sawmilling / Europe
BC’s Sinclar Group to curtail lumber production
In another hit to the B.C. forest industry, the Sinclar Group announced temporary production curtailments at lumber operations in [...]
August 13, 2019
Companies in the timber industry / Latest Trends / ...Forestry / Sawmilling / North America
European hardwood industry still strong despite slow construction sector
According to latest Eurostat figures, building construction contracted by 0.2% in May over April 2019, while civil engineering output [...]
August 13, 2019
Latest Trends / Market Analysis / ...Forestry / Sawmilling / Wood Construction / Europe
Stormwood from the Italian Alps sold to China
Between 27 and 29 October 2018, the Vaia storm destroyed 41,491 hectares of woods in [...]
August 8, 2019
Latest Trends / Market Analysis / ...Forestry / Europe
Proteak reports record MDF production
The MDF producer Pro MDF, which belongs to the Mexican Proteak Uno, produced a total of 57,400 m³ of [...]
August 8, 2019
Companies in the timber industry / Latest Trends / ...Wood-based Panels / North America / South America
New Zealand: New sawmill planned on former Waverley Sawmills site
While Waverley Sawmills is closed for business its new owner has been working towards a modern state-of-the-art [...]
August 8, 2019
Companies in the timber industry / Latest Trends / ...Forestry / Sawmilling / Australia and Pacific Region
Sudima to split planned US$200M wood processing complex in Russia’s Far East due to lack of timber
Singapore's Sudima International, which announced earlier that it would build a wood-processing complex in the Primorye Territory worth [...]
August 8, 2019
Companies in the timber industry / Latest Trends / ...Forestry / Sawmilling / Asia & Middle East / Russia
Risk of US anti-dumping investigations of Vietnamese wood products exports
In the first 6 months of 2019 the US continued as Vietnam’s top export market for wood products with [...]
August 8, 2019
Latest Trends / Market Analysis / ...Forestry / Sawmilling / Wood Furniture / Wood-based Panels / Asia & Middle East / North America
Czechia: Major aid for forest owners to mitigate beetle calamity
The Czech Ministry of Agriculture is planning to promote non-state forest owners with up to [...]
August 8, 2019
Latest Trends / Forestry / ...Sawmilling / Europe
EU hardwood trade steady despite many challenges
While uncertainty surrounding Brexit may be casting a shadow over the UK market the wider EU [...]
August 8, 2019
Latest Trends / Market Analysis / ...Forestry / Sawmilling / Europe