Companies in the timber industry

IKEA expects that product shortages to last well into summer of 2022

Ikea has become the latest retailer to warn on supply chain problems, saying on Thursday that stock shortages were likely [...]

100 companies ask for suspension of antidumping duties on Russian birch plywood

    Brussels has been accused of driving building businesses across Europe to the brink of insolvency after [...]

USNR and Wood Fiber merger to create a giant supplier

    Two North American sawmill suppliers are joining forces: USNR and Wood Fiber will become the biggest [...]

Commission suspects UPM, Stora Enso and Metsä of cartel activities

The European Commission’s competition authorities began separate, unannounced inspections of the premises of Finnish forestry firms UPM and Stora [...]

HS Timber plans to build a 500,000 m³/yr sawmill in Argentina

    HS Timber Group, the former Schweighofer Group, plans to build a new sawmill in Gobernador Virasoro [...]

Segezha to become second lumber producer in Europe with giant acquisition

    A deal between investment group Bonum Capital and Russian forestry major Segezha will create the largest [...]

IKEA to shift production to Turkey due to global supply chain problems

Swedish-based furniture retailer IKEA is planning to minimise problems with global supply chain and increased shipping costs by moving [...]

Koskisen to build a large new sawmill

Koskisen will carry out an investment in Kärkölä worth EUR 48 million, with production scheduled to start up [...]

Sierra Pacific completed acquisition of Seneca

Sierra Pacific Industries has completed its acquisition of Seneca, giving the forest products producer more than 2.3 million acres [...]