Europe

European sawmill industry could benefit on the long term from the Covid-19 pandemic

  When in late February 2020 it became apparent that the Covid-19 virus would wreak havoc not just [...]

Europe: Pellet demand to grow by 30-40% over the next five years

    The forecasted growth in wood pellet production in Europe will increase competition for wood fiber and [...]

Södra to purchase a new sawmill

    Södra is acquiring Ture Johanssons Trävaru AB and AB Tenhults Impregneringsverk.    [...]

Cooperation project aims to boost European exports of wooden products to China

At present, China is the world's largest timber processing and wood product production base and the most important wood [...]

European countries are rapidly expanding market shares on China’s softwood import market

Due to the bark beetle infestation, the European countries have gained serious market shares in China's softwood logs and [...]

Timber prices soar in China, supplies short amid coronavirus disruptions

Timber prices in China soared as imports have been affected by the COVID-19 pandemic, which has put much stress [...]

Rising freight rates adding pressure on the plywood market

    A key concern in the plywood sector is soaring freight rates, notably in containerized trade. With [...]

Germany to limit spruce logging

The German Federal Council accepted the Forest Damage Compensation Act on March 26th. Because the large amounts of damaged wood [...]

Komatsu plans to grow forestry machine sales in North America and ASEAN

Japanese machinery maker aims to boost segment's revenue by 40%    Japanese equipment maker Komatsu hopes [...]

Drax’s acquisition of Pinnacle approved by shareholders

Pinnacle Renewable Energy Inc. and Drax Group plc. on March 31 each announced shareholder approval for the planned acquisition of [...]