Latvijas Finieris receives €39 million loan from EIB
The European Investment Bank (EIB) has provided €39 million in financing to Latvijas Finieris Group for investments in research and [...]
February 14, 2023
Companies in the timber industry / Latest Trends
Market improvement could come in spring, says Sweden’s Bergs
Swedish wood products manufacturer Bergs says 2022 was a decent year despite the weak timber market in the final six [...]
February 10, 2023
Latest Trends
US lumber prices start year up 19%, what evolutions to expect this year
As the price of lumber raced up to over $1,500 per thousand board feet in the spring of 2021 [...]
February 10, 2023
Latest Trends
Germany, Austria and Switzerland sawmill industries discuss current challenges in Europe
Representatives of the sawmill and timber industry from Germany, Austria and Switzerland met on February 1st in the House of [...]
February 10, 2023
Latest Trends
Skeena Sawmills announces temporary closure, cites high costs, weak markets
Skeena Sawmills is closing down for an unknown length of time as of Feb. 8, citing high operating costs, lack [...]
February 10, 2023
Latest Trends
Saviola takes majority stake in Rheinspan
The Italian Saviola Group takes the majority stake in Rheinspan, a German company specializing in the production of panels for [...]
February 10, 2023
Latest Trends
SCA reports sharp fall in its wood division on lower prices and higher costs
SCA’s wood division saw a 30% fall in EBITDA in 2022 compared to 2021, which it blamed on lower [...]
February 8, 2023
Latest Trends
Premier Forest Products to acquire Decorpanel
Leading UK timber importer Premier Forest Products has announced its latest acquisition with the purchase of Decorpanel, a highly successful [...]
February 8, 2023
Latest Trends
Russian plywood production falls sharply due to European sanctions
According to the information from Association of Furniture and Woodworking Industries of Russia, in 2022, the production of particleboard and [...]
February 8, 2023
Latest Trends
US housing market could turn from recession to recovery in H2/2023
The housing recession that began in 2022 will bleed into 2023, but the second half of this year could lead [...]
February 8, 2023
Latest Trends
