Companies in the timber industry

Koskisen to sell sawmill operations in Russia

    Koskisen’s wood processing company has sold its sawmill operations located in Russia to Cherepovetsles. Koskisen [...]

SCA and Scania develop the world’s first electric timber truck

    The world's first electric timber truck with a capacity of 80 tonnes has now been [...]

European sawmills expect tough months ahead

    On June 16, the European Sawmill Association EOS met in Skellefteå in northern Sweden for its [...]

Bergs Timber to acquire Polish windows and doors manufacturer Pinus

Bergs Timber AB acquired 100% of the shares in Pinus, Polish windows and doors manufacturer. The sellers is the founders [...]

North American wood products makers downgraded on lower housing demand, falling lumber prices

Shares of Boise Cascade Co. (BCC) tumbled 10.9% toward and eight-month low, and of Louisiana-Pacific Corp. (LPX [...]

Moelven is investing in a pellet factory in Karlskoga

The pellet factory is planned to be put into operation in 2024 and will be built at Moelven Valåsen [...]

Rising costs cast doubt on Vietnamese wood companies growth prospects

As wood export turnover is rebounding with rising demand in the domestic market, the revenues of Vietnamese wood enterprises are [...]

Acquisition of Russia’s RFP Group by Japanese holding unclear

Iida Group Holdings acquired a 75% stake in Russian lumber producer RFP Group for 60 billion yen ($525 million) at [...]

UFP Industries acquires 50% stake in Dempsey Wood Products, LLC

    UFP Industries (UFPI) announced that its affiliate, PalletOne, Inc., has acquired a 50% equity stake in [...]