Pine market struggles continue in China, prices stay at low levels
Despite being in the traditional peak season, the timber market in China is still showing no significant improvement. Even pine [...]
December 10, 2024
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EU abandons ‘No Risk’ EUDR status, sticks to December 2025 deadline
Simplified requirements for countries with sustainable forest management practices and a potential emergency delay are part of the latest discussions [...]
December 10, 2024
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San Group files for creditor protection after Port Alberni layoffs
San Group, which operates two sawmills and a remanufacturing plant in Port Alberni, is facing financial difficulties and has implemented [...]
December 10, 2024
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Segezha Group plans €980 million SPO to manage debt
The forestry holding Segezha Group plansto place an additional share issue by closed subscription at a price of €0.017 [...]
December 10, 2024
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Roseburg Forest Products streamlines operations
Roseburg Forest Products recently announced the layoff of approximately 2.5% of its workforce across North American operations, citing soft [...]
December 10, 2024
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Timber! New book reveals how wood can help save the planet from climate change
As the director of public affairs at CEI-Bois (the European Confederation of the Woodworking Industry) and EOS (the European [...]
December 10, 2024
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Ziegler insolvency: Search for investors underway
After the holding company of the Ziegler Group timber company and numerous subsidiaries filed for insolvency, the provisional insolvency administrator [...]
December 6, 2024
Operations of Metsä Group’s Suolahti plywood mill to close down in stages
The statutory negotiations concerning Metsä Wood’s Suolahti plywood mill, part of Metsä Group, which began in October, have ended [...]
December 6, 2024
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Austria and Germany welcome EUDR postponement but call for urgent revision
On December 3, 2024, the European Union provisionally agreed to delay the implementation of the EU Deforestation Regulation (EUDR) by [...]
December 6, 2024
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Stora Enso’s giant forest sales may attract others
Stora Enso plans to sell twelve percent of its forest holdings, which corresponds to 168,000 hectares. It is the [...]
December 6, 2024
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