Archives: May 2022

Arauco suspends operations at seven production units

    Arauco, one of the world's largest forestry companies, announced its decision to halt operations at [...]

EPAL pallet production reaches record levels in 2021

    The European Pallet Association e.V. (EPAL) maintained the continuous growth of the EPAL Euro pallet [...]

N. American lumber prices fall to their lowest level in 2022

   Lumber prices fell below $800 on Monday to hit their lowest level of 2022.   The 30 [...]

Japan’s lumber industry under pressure due to ban on Russian wood

    The global lumber industry has been through a tumultuous period over the past year or so [...]

Willwood AB becomes Europe’s largest softwood flooring manufacturer

Swedish Willwood AB, owned by the Hermansson family, has acquired flooring manufacturer Stigma Hyvleri.    This is [...]
May 11, 2022 Latest Trends / Market Analysis / ...Europe

Mondi Group to sell its Russian assets

The board of Mondi Group announced its decision to divest the group’s Russian assets. According to the group, as [...]

Estonia: Log prices set record high in Q1/2022

The war in Ukraine has pushed up timber prices in Estonia to unprecedented heights. All assortments became more expensive and [...]

UK’s lumber imports return to pre-Covid levels

A slow-down in house-building and housing repair in the first quarter of 2022 is being reflected in lumber [...]

Russian factories continue to produce IKEA’s furniture under their own brands

  Once IKEA left Russia, the local furniture factories continued to produce IKEA’s furniture under their own brands [...]