Companies in the timber industry

Japan’s Sumitomo buys interest in US housing company

Sumitomo Forestry has acquired a 60% equity interest in the United States Mark III Properties.    The [...]

Drax completes conversion of 4th coal unit to biomass

    Drax has switched on its fourth biomass generating unit—taking the power station in North Yorkshire [...]

European and North American sawmills registered record profits in H1/2018

Sawlog costs, the largest cost component when manufacturing lumber, have gone up much more slowly than lumber prices in many [...]

Top wood pellets producers in Russia

Analysts estimate that currently 10 large wood pellet producers manufacture more than 60 percent of total Russian wood pellet production [...]

New wood pellet plant in Vietnam

Biomass Fuel Vietnam Co placed an order with Hekotek for a new complete plant of wooden pellets. According the announcement [...]

Sharp fall in Italian woodworking machinery exports

    The orders for Italian woodworking machines and tools in Q2 2018 decreased 9.9% y-o [...]

Metsä Group bioproduct mill reaches nominal pulp capacity

Metsä Group has announced that its next-generation, bioproduct mill in Aanekoski, Finland, has reached its nominal capacity in August [...]

Homag Group’s incoming orders decrease, as Chinese demand drops

In the first half of 2018 (1H-2018), the Homag Group recorded an increase in sales over the previous year [...]

Kährs Group bought Swedish flooring distributor Ehrenborg

Kährs Group has acquired Swedish flooring distributor Ehrenborg & Co. The takeover has been carried out with immediate effect [...]

Russia: Sawnwood exports drop sharply due to low Chinese demand

In the first quarter of 2018, the supply of sawn softwood from Russia increased by 1.8% (YoY) to 6 [...]