Koskisen: Profitability affected by high price of wood
The financial performance of the Koskisen Group declined last year. The operating profit was 24 million euros, which is over [...]
February 17, 2024
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Raute more than doubles order intake in 2023
Raute's order intake for 2023 soared to Euro 315 million, more than doubling from the previous year's Euro [...]
February 17, 2024
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German sawmill industry: ”Implementation of the EUDR is currently impossible”
After the completion of the test phase for the implementation of the EU Deforestation Regulation (EUDR) last week and the [...]
February 16, 2024
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Poland to limit logging up to 20-30% in 2024
The forestry and wood industry in Poland must prepare for significant restrictions under the new government. Environment Minister Paulina Hennig [...]
February 16, 2024
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Australian Panels orders new MDF system from Siempelkamp
The new MDF system is the sixth Siempelkamp system for Australian Panels. Most recently, in August 2023, the customer decided [...]
February 16, 2024
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West Fraser reports considerable loss in Q4/2023
West Fraser Timber Co. Ltd. says it lost US$153 million in its fourth quarter, a steeper loss than US [...]
February 16, 2024
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Changing timber trade flows and price dynamics across the Baltic Sea region
As the timber price frenzy is ongoing in Sweden, even Norway's timber market has come to life as timber [...]
February 15, 2024
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Enviva is preparing to file for bankruptcy, says report
Enviva, the largest U.S. wood pellet exporter, is preparing to file for bankruptcy within days after a bad bet [...]
February 15, 2024
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Prices of softwood logs in Estonia are stable at a low level
The fourth quarter of last year did not bring any major changes in the wood market. The situation in the [...]
February 15, 2024
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Hasslacher Group expands in the North American market
Austrian Hasslacher Group announced that it will acquire a significant stake in Element5, a producer of cross-laminated timber and [...]
February 15, 2024
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