Europe

Latvia’s timber industry exports expected to fall this year; US market an opportunity

   The volume of exports of companies in the Latvian wood industry sector could decrease in general this year [...]

Chinese wood processing companies strongly impacted by slow demand abroad

     78% of China's wood processing companies currently are affected by the Covid-19 pandemic, while [...]

IKEA invests 150 million euros in Spain

    IKEA announced an investment of around 150 million euros in the next 3 years in an [...]

UPM profit falls sharply in Q2/2020

Finnish forestry giant UPM reported a smaller-than-expected fall in quarterly profits, saying lockdowns hit paper demand and prices [...]

The Netherlands says that burning biomass is not sustainable

The Netherlands should phase out the use of biomass for generating electricity as soon as possible, the advisory board of [...]
August 13, 2020 Latest Trends / Market Analysis / ...Wood Energy / Europe

EU pellet market unaffected by COVID-19

The European Union’s wood pellet market has been relatively unaffected by the COVID-19 pandemic but cautions further market [...]
August 12, 2020 Latest Trends / Market Analysis / ...Wood Energy / Europe

SCA to boost wood harvesting level by 1 million m3 per year

    SCA has confirmed a new harvesting plan which shows that the harvesting level in the own [...]

Stora Enso sees sharp drop in its Wood Products division

Stora Enso's Wood Products division sales decreased by 16% in the second quarter yoy, or by EUR 65 million [...]

European forests under sustained pressure, study says

No year since weather records began was as hot and dry as 2018. A first comprehensive analysis of the consequences [...]

Holmen becomes an important player in the CLT industry

On Thursday, July 16, Holmen announced the news that the Group has signed an agreement to acquire the family-owned [...]