Archives: 2022

Crisis growing in the Irish forest industry

    According to the Construction Industry Federation (CIF), Ireland’s forest industry remains in crisis. Delays in [...]

2022 global wood pellet market outlook

The industrial wood pellet markets have been growing at an annualized rate of about 1.66 million metric tonnes per [...]

COVID casts long shadow over the European furniture sector

    For the European furniture sector, as in other industries, the COVID pandemic is casting a long [...]

High prices in the German wood market

In November 2021, German forest owners increased their income from the sale of spruce logs by around 50%. Overall, producers [...]

UPM sees headwinds from disrupted supply chains

Finnish forestry company UPM said on Thursday it sees headwinds and extra costs ahead from disrupted global supply chains, leaving [...]

Stora Enso’s Wood Products division reports record results driven by high prices

      Nordic forest products giant Stora Enso has reported an 83% growth in annual pre [...]

Rising prices could keep European lumber exports to the US at high pace in 2022

    European softwood lumber exports to the USA continued to rise in 2021, although the pace of [...]

Western Forest Products to temporarily close one of its sawmills due to log shortage

Western Forest Products is considering curtailing operations at its Chemainus sawmill starting next week due to a log shortage.  [...]

Japan’s Sumitomo to buy timberlands in New Zealand to export logs to China

    Sumitomo Corporation has acquired timberland in the North Island of New Zealand through its local subsidiary [...]