Companies in the timber industry

Metsä Fibre prepares for longer production cuts at Joutseno pulp mill

Metsä Fibre has opened a second round of change negotiations at its Joutseno pulp mill in Finland, warning that weak [...]

Holmen cuts Linghem sawmill output by 64% in weakest lumber market in 30 years

Holmen will cut production at its Linghem sawmill in Sweden by almost two-thirds as historically high sawlog costs and [...]

Segezha margins collapse as refinery attacks disrupt fuel supplies in Russia

Segezha Group reported a sharp deterioration in its first-half results as weak wood markets, lower Chinese demand and fuel [...]

Canfor closes Fox Creek sawmill as Alberta’s beetle fight ends

Canfor will permanently close its Fox Creek sawmill in Alberta by the end of the summer, removing approximately 120 million [...]

UPM’s plywood separation enters final phase

UPM has taken another step towards separating its plywood operations into an independent listed company after Finland's Financial [...]

A Brazilian timber giant is betting $250 million on Uruguay — and it is buying the forest too

BrasPine has spent 23 years in Brazil's Paraná state turning pine logs into finished timber products. Now the [...]

Gresham House to form $8bn timberland manager with Molpus deal

Gresham House has agreed to acquire a majority interest in Molpus Woodlands Group, creating a forestry investment platform with about [...]

IKEA installs thin-board line in Poland

IKEA Industry has installed a thin-board production line at its furniture plant in Zbąszynek, western Poland, expanding internal [...]

European ThermoWood production tops 300,000 m³ for the first time in 2025

Production of ThermoWood by manufacturers represented by the International ThermoWood Association (ITWA) in Helsinki rose by almost 10% in 2025 [...]

Korkeakoski sawmill acquisition lifts Versowood capacity close to 2m m³

Finland’s Versowood has expanded its sawmilling operations with the acquisition of the Korkeakoski sawmill from UPM, bringing the facility [...]