Archives: July 2022

Russian timber exporters seek new markets in Middle East and Asia

    The Russian Ministry of Industry and Trade recently told local media that the Middle East, Asia [...]

SCA and Scania develop the world’s first electric timber truck

    The world's first electric timber truck with a capacity of 80 tonnes has now been [...]

European sawmills expect tough months ahead

    On June 16, the European Sawmill Association EOS met in Skellefteå in northern Sweden for its [...]

New Zealand log export prices to China fall more than 20% in June

A weaker timber market in China, rising transport costs and exchange rate impacts have contributed to a drop of more [...]

Will the production of wood pellets be stopped in Russia due to sanctions?

    Starting July 10, the Russian wood pellet exports to Europe will be completely stopped. From this [...]

Bergs Timber to acquire Polish windows and doors manufacturer Pinus

Bergs Timber AB acquired 100% of the shares in Pinus, Polish windows and doors manufacturer. The sellers is the founders [...]

North American softwood lumber prices start to rise again

     North American softwood lumber prices surged more than 7% on Thursday as mortgage rates fell for [...]

Because of sanctions against Russia, firewood is becoming a new energy source for European countries

    The surge in gas and electricity prices has sparked interest in Europe for a long-forgotten [...]

European buyers showing more interest in African timbers

Producers in the Central/West African region are reporting firm demand for padouk, okoume, ovangkol and even gheombi, a timber [...]

North American wood products makers downgraded on lower housing demand, falling lumber prices

Shares of Boise Cascade Co. (BCC) tumbled 10.9% toward and eight-month low, and of Louisiana-Pacific Corp. (LPX [...]