Coronavirus: Russia suspends timber trains to China
Since January 31st, all railway transport between Russia and China is suspended except for Beijing-Moscow round-trip [...]
February 18, 2020
Companies in the timber industry / Latest Trends / ...Market Analysis / Forestry / Sawmilling / China / Russia
Conifex completes sale of all U.S. sawmills to Resolute
Conifex has officially closed its previously announced transaction with Resolute Forest Products for the sale of [...]
February 18, 2020
Companies in the timber industry / Latest Trends / ...Forestry / Sawmilling / North America
Coronavirus: IKEA to close its stores in China
In the response to the Chinese government's call for strict and effective disease control of coronavirus outbreak, IKEA Retail [...]
February 18, 2020
Companies in the timber industry / Latest Trends / ...Wood Furniture / China / Europe
Stora Enso’s sales drop in 2019
Despite achieving a turnover in excess of €10bn, each of Stora Enso’s group operations – packaging [...]
February 17, 2020
Companies in the timber industry / Latest Trends / ...Forestry / Sawmilling / Wood Construction / Europe
UPM invests more than 500 million euros into a biorefinery in Germany
UPM plans to enter the biochemicals business by investing in a biorefinery at Leuna, Germany. The [...]
February 17, 2020
Companies in the timber industry / Latest Trends / ...Wood Energy / Wood-based Panels / Europe
Arauco closes particleboard line in US
Arauco announced it will close its particleboard line in Moncure, North Carolina, effective April 2020. Arauco [...]
February 17, 2020
Companies in the timber industry / Latest Trends / ...Wood-based Panels / North America / South America
European trade shows in opening weeks of 2020 the ”Greta effect”
As usual in January, the IMM furniture fair in Cologne and the Domotex flooring show in Hamburg were key events [...]
February 17, 2020
Companies in the timber industry / Latest Trends / ...Forestry / Sawmilling / Europe
U.S. lumber company found importing high-risk Peruvian timber
An investigation by illegal-logging watchdog Timberleaks has found that a New Orleans-based lumber company [...]
February 10, 2020
Companies in the timber industry / Forestry / ...Sawmilling / North America / South America
New Zealand: Sawmill start to close as overseas market subsidies inflate log prices
Sawmills in New Zealand find it hard to be profitable when overseas competitors can benefit from subsidies, the main timber [...]
February 10, 2020
Companies in the timber industry / Latest Trends / ...Market Analysis / Forestry / Sawmilling / Australia and Pacific Region
Gelo Holzwerk to invest in a new sawmill in Germany
Gelo Holzwerk announced EUR 38.5 million greenfield investment in a completely new sawmill location at the Wunsiedel energy park [...]
February 10, 2020
Companies in the timber industry / Latest Trends / ...Forestry / Sawmilling / Wood Construction / Europe