Companies in the timber industry

IKEA and UPM to grow wood sourcing in Russia

On 25 February 2019, Hasslacherles, UPM Chudovo, IKEA Industry Novgorod and the Administration of the Novgorod region have signed a [...]

Largest wood pellet plant in Spain to start production

The largest wood pellet production plant in Spain has been put into operation in the town of Erla in the [...]

Canfor reports 14% drop in lumber shipments in Q4 /2018

    Canfor Corporation generated strong financial results in 2018 with reported operating income of $608.6 million [...]

Pölkky Oy plans to invest EUR 30 million in its wood production facilities

Finnish Pölkky Oy has announced a major investment program, targeting its production facilities in northern Finland. The investment program [...]

Pinnacle Renewable Energy halts Alberta wood pellet plant operations

Pinnacle Renewable Energy announced that operations at its wood pellet production facility in Entwistle, Alberta, Canada, have been temporarily suspended [...]

Malvaux’s acquisition of Rougier won’t affect the European plywood market

    The acquisition of the €30 million turnover timber and plywood business Rougier Sylvaco Panneaux by plywood [...]

Belgium: Decospan to double wood veneer capacity

    The Belgian manufacturer of veneered panels Decospan plans to double its production capacity at the Menen [...]

John Deere reports sharp growth in its forestry and construction division

    Deere & Company reported net income of $ 498.5 million for the first quarter of fiscal [...]

Stora Enso implements first measure of its cost-cutting programme: reduces a shift at Ala sawmill

    In Sweden, Stora Enso has announced that 23 employees at its sawmill in Ala have received [...]