Archives: May 2025

Strike at UPM plywood end, production resumes

UPM Plywood and the Finnish Industries Federation have reached an agreement on a new collective agreement on Friday, May 9 [...]
May 13, 2025 Latest Trends

Koskisen reports record sawmill production

Koskisen Corporation’s first-quarter 2025 results show a solid improvement in profitability, driven by record sawmill production and strong [...]
May 10, 2025 Latest Trends

German wood industry under pressure: trade associations warn of prolonged crisis, urge political action

The German wood industry is experiencing a sustained downturn, with key segments reporting significant declines in sales and production. Industry [...]
May 10, 2025

Interfor trims losses in Q1 2025 as lumber prices rise; market remains uncertain

Interfor Corporation posted a net loss of USD 26.0 million in the first quarter of 2025, an improvement from [...]
May 10, 2025 Latest Trends

Norwegian timber prices reach record highs

Norwegian forest owners received an average of NOK 834 (approximately EUR 72.50) per cubic metre for industrial timber in [...]
May 10, 2025 Latest Trends

Stora Enso’s giant Imatra sawmill project is progressing on schedule

Stora Enso's planned sawmill for Imatra would clearly be the largest in the country. It is clear that it [...]
May 10, 2025 Latest Trends

Canfor narrows Q1 2025 losses as lumber prices firm; outlook remains cautious

Canfor Corporation reported a first-quarter 2025 operating loss of CAD 28.5 million (USD 21.1 million), down from [...]
May 10, 2025 Latest Trends

James Jones & Sons announces further acquisitions in Australia and UK

Scottish timber industry company James Jones & Sons, based in Larbert, UK has announced the acquisitions of Pallet & Bin [...]
May 10, 2025 Latest Trends

EUDR could cost Finnish wood companies hundreds of millions

The EU Deforestation Regulation could cost Finnish companies up to hundreds of millions of euros, estimates a study by Pellervo [...]
May 8, 2025 Latest Trends

Loss of China market hits part of U.S. wood industry with shutdown risk

As a key pillar of the state’s economy, Missouri’s forest products industry contributes over $10 billion annually. In [...]
May 8, 2025 Latest Trends