Companies in the timber industry

Western Forest Products to temporarily close one of its sawmills due to log shortage

Western Forest Products is considering curtailing operations at its Chemainus sawmill starting next week due to a log shortage.  [...]

Japan’s Sumitomo to buy timberlands in New Zealand to export logs to China

    Sumitomo Corporation has acquired timberland in the North Island of New Zealand through its local subsidiary [...]

Enviva plans to double wood pellet production up to 13 million tons

    Enviva Inc. on Jan. 19 announced accelerated plans to double its wood pellet production capacity and [...]

Malaysia expects $2.4bn timber trade opportunities at Expo Dubai 2020

The Malaysian Timber Council (MTC) is eyeing some AED8.8 billion ($2.4 billion) in trade opportunities during the Sustainable [...]

EU to challenge Russian wood export restrictions at WTO

    The EU is requesting consultations with Russia at the World Trade Organization (WTO) concerning export restrictions [...]

Swedish Setra reports booming sales and profits for Q4/FY 2021

The Swedish wood products company Setra reported an operating profit of SEK 1.6 billion (€154 million) for 2021 - after [...]

Massive investment plans in the France’s wood industry

French President Emmanuel Macron has officially announced a "France 2030 Investment Plan" with a total investment of 30 billion euros [...]

Strike at UPM factories in Finland to be extended

As there seems to be no prospect of rapprochement between UPM and Paperiliitto, the union has announced an extension of [...]

Germany’s timber industry has positive market expectations for 2022

A survey of member companies of the German Timber Trade Federation (GD Holz) paints a rather positive picture of market [...]

HS Timber Group to reduce sawmill capacity in Romania by 30%

    Austrian wood-processing company HS Timber Group, formerly known as Holzindustrie Schweighofer, said it will reduce [...]