Archives: 2019

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]