Archives: July 2022

Central European roundwood markets are at a turning point

Central European roundwood markets are at a turning point as forests in much of the region have recently suffered extensive [...]

Mercer acquires German HIT Torgau for EUR 270 million

  HIT Torgau owns and operates an integrated timber processing facility with wood pallet, lumber, biofuel and energy production [...]

Europe’s Nordic forestry giants deliver great results despite tough environment

Forestry giants in Northern Europe, Stora Enso, UPM and SCA, have benefited from the rising prices on their financial results [...]

Germany plans to spend 900 million euros on forests by 2026

    The German federal government wants to invest 900 million euros in the protection and renewal of [...]
July 26, 2022 Latest Trends / Forestry / ...Europe

Lumber prices in Japan soaring again

    Lumber prices in Japan are soaring in the wake of the Ukraine war. The shortage that [...]

Stora Enso and Northvolt partner to develop wood-based batteries

Stora Enso and Northvolt are joining forces to create sustainable batteries using lignin-based hard carbon produced with renewable wood [...]

Wood prices in Germany soaring until May- signs of correction since June

Wood prices in Germany rose steeply up until May. Now there are first signs of a correction, especially for softwood [...]

West Fraser Timber denies Kronospan, CVC takeover

    West Fraser Timber Co. Ltd. says it has not received any takeover offer after a report [...]

EU tropical wood product imports benefit from curtailment supplies from Russia and Belarus

In the first four months of this year, the value of EU imports of tropical wood and wood furniture totalled [...]

Estonia: Softwood lumber market prices down by 20%

      The market price of softwood lumber in Estonia has fallen by up to 20 [...]