Archives: October 2022

Wood energy: European forest industry reacts to the amendments voted by the European Parliament

The EU Parliament recently voted on numerous initiatives that will have a significant impact on the sawmill and timber industry [...]

Interfor to buy Chaleur Forest Products for $236 million

Canadian lumber giant Interfor Corp said on Monday it will buy Chaleur Forest Products for C$325 million ($236.40 [...]

Mercer completes acquisition of German HIT Torgau for EUR 270 million

Mercer International Inc. has completed its previously-announced acquisition of all of the shares of the parent company of Holzindustrie [...]

Substitutes for Russian birch plywood in the European market

Global plywood production was around 105 million m3 in 2021. The Asia-Pacific region is the biggest plywood producer, followed [...]

China’s softwood log demand still low due to Covid-19 policies

China softwood log inventory has reduced by about 1m m3 over the last month to be below the 4m m3 [...]

The current state of the European sawmill industry

The prices of finished wood products fall significantly, while the entire European sawmill sector is currently experiencing through a very [...]

Russian timber evades US sanctions via Vietnam and China, says environmental group

    Russian birch wood continues to flow to US consumers disguised as Asian products, despite US economic [...]

Metsä’s new large sawmill starts up in Rauma, Finland

    The new state-of-the-art pine sawmill in Rauma in Finland, owned by Metsä Fibre [...]

JAF Group completes sale of veneer production site to Unilin

JAF Group completes sale of the veneer production site in Braşov, Romania, to the Belgium-based flooring manufacturer Unilin [...]

French oak log prices at record levels despite uncertain market

  How much longer will the planets remain aligned for the oak tree? At the beginning of September 2022 [...]