Czech Republic: Export of logs fall sharply due to bark beetle retreat; sawmills boost processing
For years, the Czech Republic has been the largest exporter of raw wood in the European Union. Last year, however [...]
April 26, 2023
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Structurlam files for bankruptcy, plans to sell assets to Mercer
Structurlam Mass Timber Corp., a Canadian mass timber manufacturer with holdings in Arkansas, announced Monday (April 24) plans to sell [...]
April 26, 2023
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LP Building Solutions acquires Forex’s Wawa OSB facility
LP Building Solutions and Forex Inc., have entered into a definitive agreement under which LP will acquire the assets owned [...]
April 26, 2023
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Global weak lumber markets led to reduced sawlog prices
Increased interest rates, higher inflation, and market uncertainty regarding a possible recession in 2023 resulted in reduced housing starts and [...]
April 25, 2023
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Finland: Roundwood price evolution in March
In standing sales in Finland, the average price paid for spruce logs in March was EUR 75.1 and for [...]
April 25, 2023
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Central African countries fails to honor timber export ban
Most members of the Central African Economic and Monetary Community (CEMAC) have failed to comply with a log export ban [...]
April 25, 2023
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IKEA retail announces biggest ever investment in US
Ikea is investing more than $2 billion in the U.S. for growth over the next three years. The [...]
April 25, 2023
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Stora Enso lowers expectations for 2023 due to worsening market outlook
Due to materially lower earnings forecasts for the full year results 2023, Stora Enso’s new guidance is that the [...]
April 21, 2023
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Austria: Log prices fall in April
The sluggish sales of sawn timber in Austria are slowly being felt in the roundwood market as well. Especially in [...]
April 21, 2023
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Swiss Krono plans OSB capacities expansion and shifts investment priorities to W. Europe
After a two-year break due to the pandemic, the wood-based materials manufacturer Swiss Krono is represented at this [...]
April 21, 2023
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