Companies in the timber industry

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 [...]

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 [...]

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 [...]

Stora Enso’s sales drop in 2019

    Despite achieving a turnover in excess of €10bn, each of Stora Enso’s group operations – packaging [...]

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 [...]

Arauco closes particleboard line in US

Arauco announced it will close its particleboard line in Moncure, North Carolina, effective April 2020.     Arauco [...]

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 [...]

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 [...]

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 [...]

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 [...]