UPM reports good start of the year; excellent results in plywood and lumber business
UPM's net sales increased by 12 percent to EUR 2,507 million in the first [...]
April 29, 2022
Companies in the timber industry / Latest Trends / ...Forestry / Pulp & Paper / Sawmilling / Wood-based Panels / Europe
Ponsse removes Russian orders for Euro 109 million from order book
The crisis in Ukraine has a significant impact on Ponsse’s operations and finances, company said [...]
April 29, 2022
Companies in the timber industry / Latest Trends / ...Forestry / Woodworking Machinery / Europe / Russia
China: Covid lockdown puts pressure on the softwood log imports
In China COVID has significantly disrupted the log trade with major cities under lockdown and building [...]
April 28, 2022
Latest Trends / Market Analysis / ...Wood Industry Prices / Forestry / Sawmilling / Australia and Pacific Region / China / Europe / North America / Russia
Ukraine war is causing shortage in Europe’s pallet supply
The Russian invasion of Ukraine has proven disastrous for the thousands of Ukrainians who have lost their lives and the [...]
April 28, 2022
Companies in the timber industry / Latest Trends / ...Market Analysis / Wood Industry Prices / Industry Prices / Sawmilling / Europe / Russia
Swedish sawmill industry not much affected by the sanctions against Russia
Competition for wood products becomes tougher when European buyers, who have previously imported from Russia, and [...]
April 28, 2022
Latest Trends / Market Analysis / ...Forestry / Sawmilling / Europe / Russia
Russian imported plywood will be ‘hard to replace,’ says US hardwoods group
As of April 8, the U.S. has suspended normal trade relations with Russia and Belarus [...]
April 28, 2022
Latest Trends / Market Analysis / ...Wood-based Panels / North America / Russia
Setra’s Q1 earnings boosted by higher prices and strong market
Swedish wood products company Setra has reported an operating profit of SEK 480 million or EUR [...]
April 28, 2022
Companies in the timber industry / Latest Trends / ...Forestry / Sawmilling / Wood Construction / Europe
North American lumber prices to rebound into summer after reclaiming the $1,000 level
North American lumber prices crossed back above the $1,000 level on Thursday as seasonal demand [...]
April 26, 2022
Latest Trends / Market Analysis / ...Wood Industry Prices / Forestry / Industry Prices / Sawmilling / North America
Lost Russian supply forcing Estonian companies to buy expensive wood from Nordics
Replacing timber previously imported from Russia, Belarus and Ukraine cannot happen overnight, while the material is more expensive in Europe [...]
April 26, 2022
Companies in the timber industry / Latest Trends / ...Market Analysis / Wood Industry Prices / Forestry / Industry Prices / Sawmilling / Europe / Russia
Canfor invests $130 million in Arkansas sawmill
Canfor Corp. announced plans to invest $130 million to modernize its sawmill and planer facility in Urbana, Arkansas.   [...]
April 26, 2022
Companies in the timber industry / Latest Trends / ...Forestry / Sawmilling / North America