Ocean freights expected to take longer in the future
Just one year ago, the rates for a container in sea transport reached $15,000. As challenging as this immense [...]
April 14, 2023
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Denmark: Tvilum to close MDF and pine furniture factory due to poor market
Less than two years after Tvilum, Denmark's largest furniture manufacturer, acquired the furniture factory in Kjellerup from Steens Group [...]
April 14, 2023
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China’s timber prices continue to fall amid weak demand and overcapacity
Since the beginning of the year, timber import prices have been falling in China. They fell five times in February [...]
April 13, 2023
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Binderholz opens lumber production facility in North Carolina
Binderholz Enfield LLC held a grand opening ceremony to commemorate the official opening of its lumber production facility near Enfield [...]
April 13, 2023
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New Zealand log prices continue to rise, sawn timber may be sold to Asia at a discount
In March, the export price of New Zealand logs rose by 14%, an increase of US$18 per JASm³. [...]
April 13, 2023
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LEAG Group to acquire Wismar Pellets in Germany
The LEAG Group acquires Wismar Pellets GmbH to expand the production and supply portfolio of its processing company. The [...]
April 13, 2023
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Vietnam’s wood exports have fallen sharply due to lack of orders
Vietnam’s wood industry has unexpectedly fallen into an unprecedented slump amid a sharp decline in orders. According to [...]
April 13, 2023
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Kronospan to separate its business in Russia
Over the past year Kronospan has completed a strategic review of its business activities in Russia and decided to separate [...]
April 8, 2023
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Arauco announces expansions in U.S. and Mexico
Arauco announced expansions underway at facilities in the United States and Mexico. Arauco is expanding the moulding capabilities at [...]
April 8, 2023
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EUDR will be voted in April- what to expect?
The coming into effect of the EU Deforestation Prevention Regulation (EUDR) will be voted on in mid-April 2023 and [...]
April 7, 2023
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