Companies in the timber industry

Top wood products companies in Latvia

Latvijas Finieris was the leading wood processing and paper production company in Latvia in terms of turnover last year. Latvijas [...]

$1-billion takeover bid of Canfor fails

Lumber giant Canfor has terminated an arrangement agreement between the company and Jim Pattison’s Great Pacific Capital Corporation.  [...]

Record demand for American red oak in India

Demand for American red oak in India is at all-time high. It is this increased demand for red oak [...]

John Deere expects sales of the construction and forestry equipment to drop by 15%; starts to cut jobs

    Deere & Co. is laying off 57 workers at its Davenport manufacturing plant, saying reduced building [...]

Belarus to commission six pellet factories in H1/2020

The Forestry Ministry in Belarus intends to commission six factories to make wood pellets in the regions in H1 2020 [...]

Dieffenbacher forecasts continued high demand from wood-based panel industry

Wood recycling plants for the wood-based panels industry were the main driver of Dieffenbacher’s recycling business in 2019 [...]

Segezha Group to start building a new plywood plant soon

Russian Segezha Group plans to commence construction of its new birch plywood plant at the location in Galich (Kostroma Oblast [...]

Latvia: IKTK builds new glulam plant

    The Latvian timber building structures producer IKTK has invested about two million euro in large-sized [...]

Moody’s to change Ilim Timber’s outlook to negative; forecasts cyclical downturn in the global timber industry

Moody's Investors Service has changed Ilim Timber's outlook to negative from positive. At the same time, Moody's [...]