Companies in the timber industry

China’s forestry output reaches record in 2017

The total output value of China's forestry industry exceeded 7.1 trillion yuan (1.1 trillion U.S. dollars [...]

New 120,000 t/yr wood pellet plant to be build in France

On 21 June Moret Industries signed a contract worth approximately €50 million to supply a reversible plant for white and [...]

Canada imposes 10% duties on imports of US plywood

Starting July 1 Canada imposed a 10% import duty on plywood and upholstered seating furniture made in the U.S [...]

Conifex Timber increases capacity by 50% with acquisition of US South sawmills

Conifex Timber, publicly listed softwood forest products company operating in the Northern Interior region of British Columbia, Canada, has completed [...]

Chinese wood products companies relocate to Vietnam due to US tariffs

Wood and wooden products manufacturers in China have been imposed 25% tariffs on all exports on the US market, as [...]

CatchMark Timber finalizes acquisition of 1.1 million acres in Texas

    CatchMark Timber Trust, Inc. completes acquisition of 1.1 million acres of prime East Texas timberlands [...]

Kronospan to invest US$463 million in Alabama expansion project

    Austrian wood-based panel producer Kronospan plans to increase the investment in their Oxford, Alabama expansion [...]

Italy’s Enel Group sells biomass business for EUR 335 million

    The Enel Group has reached an agreement with F2i SGR for the sale of the entire [...]

Latvijas Finieris Group plans investments of EUR 200 million this year in boosting production capacity

Latvijas Finieris Group reached a turnover of 229.1 million euros in 2017, which is 7% more than in 2016 [...]

Bergs Timber announces management changes; Sampsa Auvinen leaves the company

    Swedish sawmiller Bergs Timber has announced organisational changes following its acquisition of Norvik Timber Industries’ Baltics [...]