UK’s softwood lumber imports up 43%
Seven months into 2021 and volumes of lumber and panels imported by the UK were nearly 2 million m³ higher [...]
October 18, 2021
Latest Trends / Market Analysis / ...Forestry / Sawmilling / Europe
Segezha to become second lumber producer in Europe with giant acquisition
A deal between investment group Bonum Capital and Russian forestry major Segezha will create the largest [...]
October 18, 2021
Companies in the timber industry / Latest Trends / ...Forestry / Sawmilling / Europe / Russia
Sharp decline in demand for softwood lumber in Germany; sawmills adjust production
The corona lockdown, drought and forest damage in 2020 was followed by extreme demand in spring [...]
October 15, 2021
Latest Trends / Market Analysis / ...Wood Industry Prices / Forestry / Industry Prices / Sawmilling / Wood Construction / Europe
Recent resurgence in US lumber prices expected to continue through early 2022
The price of lumber has seen a resurgence, which analysts expect will continue through early 2022.   [...]
October 15, 2021
Latest Trends / Market Analysis / ...Wood Industry Prices / Forestry / Industry Prices / Sawmilling / North America
IKEA to shift production to Turkey due to global supply chain problems
Swedish-based furniture retailer IKEA is planning to minimise problems with global supply chain and increased shipping costs by moving [...]
October 15, 2021
Companies in the timber industry / Latest Trends / ...Market Analysis / Wood Furniture / Europe
Koskisen to build a large new sawmill
Koskisen will carry out an investment in Kärkölä worth EUR 48 million, with production scheduled to start up [...]
October 13, 2021
Companies in the timber industry / Latest Trends / ...Forestry / Sawmilling / Europe
Sierra Pacific completed acquisition of Seneca
Sierra Pacific Industries has completed its acquisition of Seneca, giving the forest products producer more than 2.3 million acres [...]
October 13, 2021
Companies in the timber industry / Latest Trends / ...Market Analysis / Forestry / Sawmilling / North America
US furniture maker wins lawsuit against shipper
American home furniture manufacturer and supplier MCS Industries has prevailed in federal court in its lawsuit against Cosco Shipping.  [...]
October 13, 2021
Wood Furniture / North America
Price of Finnish lumber seeks balance
Demand for Finnish lumber this year has been supported by favorable developments in construction investment in [...]
October 13, 2021
Latest Trends / Market Analysis / ...Wood Industry Prices / Forestry / Industry Prices / Sawmilling / Europe
Huge opposition against new EU forest strategy
The new 2030 Forest Strategy is triggering diplomatic clashes in the EU over who should be responsible for forest policy [...]
October 13, 2021
Companies in the timber industry / Latest Trends / ...Forestry / Sawmilling / Europe