Metsä Wood to deliver LVL products for Modvion’s wooden wind turbine towers
Swedish wood technology company, Modvion, and the Finnish wood product company, Metsä Wood, have agreed to supply laminated veneer lumber [...]
May 2, 2023
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Russian timber prices expected to rise due to transport restrictions and sanctions
Recently, the Russian Ministry of Industry and Trade pointed out that prices for Russian wood and processed finished products, including [...]
May 2, 2023
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UPM Plywood to restructure its organization and scale its operations
UPM Plywood is planning an organizational reform and adaptation of operations to reflect the reduced production capacity and the weakening [...]
April 29, 2023
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China: Timber imports fall in Q1/2023; prices follow the trend
In the first quarter of this year, China's total timber imports reached 15.8 million m3, Slightly lower than [...]
April 27, 2023
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Lithuanian UAB Juodeliai invests in expansion of production facility in Marijampolė
The Lithuanian wood processing company UAB Juodeliai plans to build a second facility next to the production facility of pallet [...]
April 27, 2023
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Forecast: US lumber prices stuck in a range as signs of bottoming emerge
-US lumber prices have crashed by over 70% from last year’s high. -This decline is mostly because of [...]
April 27, 2023
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Kronospan to build new OSB plant in Alabama
Kronospan announced on Tuesday that it will begin construction of a new, state of the art, Oriented Strand Board (OSB [...]
April 27, 2023
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Setra reports negative Q1/2023 due to low prices and high costs
Swedish timber company Setra reported an operating loss of €5.64 million for the first quarter of 2023. A year [...]
April 27, 2023
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Latvijas Finieris to boost plywood production at Verems plant
Raute Corporation has signed a contract worth Euro 29 million with Latvijas Finieris for the delivery of technology to a [...]
April 27, 2023
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US South reports record lumber production
For years, the US South has continued gaining market share of North American lumber production. That production has now hit [...]
April 26, 2023
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