Europe

Sweden: Holmen to boost production capacity at Iggesund Sawmill

    Holmen has announced they are investing SEK 400 million (EUR 39 million) in their Iggesund Sawmill [...]

Price overview for hardwood logs in Europe

Prices for oak logs continued to increase strongly in the autumn on the back of strong demand throughout Europe. The [...]

Top global lumber companies: large acquisitions and expansions continue

With lumber companies being flush with cash from record prices in 2020 and 2021, there continues to be several new [...]

Deforestation-risk countries’ ban proposal would significantly alter and extend EUTR obligations

On 17 November 2021, the European Commission announced a Proposal for a new Regulation to reduce global deforestation and forest [...]

China: Rising volumes and CIF prices for log imports

According to China Customs, log imports in the third quarter of 2021 totalled 48.4 million cubic metres valued at [...]

UK’s sawn timber supply back to normal after nearly a year of record imports

    More than 3.32 million m3 of sawn timber and panel imports were imported into the [...]

Egger plans to expand production in North America

    Egger Wood Products announced that it intends to invest $50 million in additional equipment for its [...]

Lithuanian timber exports to China blocked due to political dispute

China downgraded its diplomatic ties with the Baltic state and suspended consular services there after the Taiwanese Representative Office in [...]

Current trends in Central European log prices

    2021 is slowly coming to an end and with it the most blatant price increases in [...]

Drax plans to double pellet production to 8 mil. tons

Drax Group plc on Dec. 1 announced plans to double its biomass pellet production to 8 million metric tons per [...]