HS Timber to sell pellet distribution company
HS Timber Group, formerly known as Holzindustrie Schweighofer, announces the sale of PelletsOne GmbH to RWA Raiffeisen Ware Austria AG [...]
January 26, 2023
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Setra delivers good FY 2022 results, but sees weakened timber market
Swedish forestry company Setra has announced its financial results for the fourth quarter and full-year 2022. Summing up the [...]
January 26, 2023
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Sinclar Group to curtail operations as three sawmills in BC
Sinclar Group Forest Products Ltd. announced it is curtailing its lumber operations at Apollo Forest Products in Fort St. James [...]
January 26, 2023
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Russian wood pellets might enter EU via Turkey, avoiding ban
There is mounting evidence that Russian wood pellet exporters could be circumnavigating an EU-wide embargo on biomass imports from [...]
January 25, 2023
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Tolko to extend Armstrong, Soda Creek lumber mill shutdowns
Tolko Industries has announced it will be extending its holiday shutdown period at its Soda Creek and Armstrong Lumber divisions [...]
January 25, 2023
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Södra announces pine and spruce timber price hikes; expects strong demand this spring
Södra raises the prices of spruce and pine timber purchased by members by SEK 30 per solid cubic meter [...]
January 25, 2023
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Euroconstruct expects stagnated construction activity in Europe up to 2025
Euroconstruct’s latest economic forecasts predict that construction output growth will drop to 0% in 2024 across Europe. Civil engineering [...]
January 25, 2023
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Drax to boost pellet production at Alabama plant
Drax has announced a $50 million expansion at its Aliceville, Alabama wood pellet plant. The investment will increase production capacity [...]
January 25, 2023
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Western forestry companies sold 13 plants in Russia since beginning of war in Ukraine
The withdrawal of foreign companies from Russia in 2022 may lead to a shortage of certain timber products, which will [...]
January 23, 2023
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US lumber prices are up 14% in 2023
US softwood lumber prices are up 14% so far in 2023 after suffering a brutal sell-off last year. Further [...]
January 23, 2023
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