Archives: March 2019

Pölkky Oy plans to invest EUR 30 million in its wood production facilities

Finnish Pölkky Oy has announced a major investment program, targeting its production facilities in northern Finland. The investment program [...]

Vietnam plans to push up wood products exports’ value to US$11 billion in 2019

    Vietnam aims to push wood export value beyond US$11 billion this year and to develop [...]

US lumber prices started to slow down through the end of February

    Softwood lumber trading geared down from a faster pace earlier in the month, with traders citing [...]

Roundwood prices in Finland grew by 6% during 2018

For the Finnish wood industry, the year 2018 was characterized by a clear rise in the real stumpage prices of [...]

Chinese forestry industry wants to boost its output by 50% until 2025

China's top forestry authority has made plans to boost the forestry industry and set development goals. The industry pledges [...]

US housing starts reported as weak; possible economic recession ahead

    A number of market analysts have pointed to signs of weakness in the U.S. housing [...]

Wood pellets price in Austria reach EUR 250/tonne in February

Enplus A1 wood pellets' price in Austria got up to an average of € 250 per tonne, or 5.11 Cent [...]

Pinnacle Renewable Energy halts Alberta wood pellet plant operations

Pinnacle Renewable Energy announced that operations at its wood pellet production facility in Entwistle, Alberta, Canada, have been temporarily suspended [...]

Malvaux’s acquisition of Rougier won’t affect the European plywood market

    The acquisition of the €30 million turnover timber and plywood business Rougier Sylvaco Panneaux by plywood [...]