Companies in the timber industry

US homebuilders buy time with huge backlogs

The US housing market has fallen off a cliff, but for now, homebuilders are biding their time. As bad as [...]

Precious Woods to close sawmill in Gabon due to high costs

Unexpectedly high cost increases in Gabon have forced Precious Woods to take drastic measures to reduce costs in order to [...]

Sweden’s sawmills expected to further reduce capacity in 2023

    In its latest Forestry Report for 2022, Handelsbanken looks back on the year and writes what [...]

EU Commission agrees sale of Garnica to Carlyle

    The European Commission has cleared under the EU Merger Regulation the acquisition of Spain's Grupo [...]

Russian timber companies fallen into serious losses; ask for government help

A few days ago, the Russian timber industry, through regional officials, asked the government to take new support measures in [...]

Mood in the German timber industry remains gloomy

    After a brief brightening, the mood in the German timber industry continued to deteriorate in November [...]

European woodworking and sawmill industries welcome EC’s legislative proposal on certification of carbon removals

The publication this week by the European Commission of a draft legislative proposal on the certification of carbon removals has [...]

Interfor completes acquisition of Chaleur Forest Products

Kilmer Group announced the completion of its sale to Interfor Corporation of 100% of the equity interests in the entities [...]

70 EU signatories call for efficient, circular use of wood biomass residues

    More than 30 additional signatories endorsed the declaration issued on the 10th of November, bringing the [...]

Kronospan abandons takeover of Pfleiderer due to EU antitrust concerns

    Austrian wood panel producers Kronospan failed to allay EU antitrust concerns over its bid for German [...]