Skeena Sawmills announces temporary closure, cites high costs, weak markets
Skeena Sawmills is closing down for an unknown length of time as of Feb. 8, citing high operating costs, lack [...]
February 10, 2023
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Saviola takes majority stake in Rheinspan
The Italian Saviola Group takes the majority stake in Rheinspan, a German company specializing in the production of panels for [...]
February 10, 2023
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SCA reports sharp fall in its wood division on lower prices and higher costs
SCA’s wood division saw a 30% fall in EBITDA in 2022 compared to 2021, which it blamed on lower [...]
February 8, 2023
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Premier Forest Products to acquire Decorpanel
Leading UK timber importer Premier Forest Products has announced its latest acquisition with the purchase of Decorpanel, a highly successful [...]
February 8, 2023
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Russian plywood production falls sharply due to European sanctions
According to the information from Association of Furniture and Woodworking Industries of Russia, in 2022, the production of particleboard and [...]
February 8, 2023
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US housing market could turn from recession to recovery in H2/2023
The housing recession that began in 2022 will bleed into 2023, but the second half of this year could lead [...]
February 8, 2023
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Finland: Keitele is preparing for production cuts as sawn timber demand weakened
The demand for lumber and wood products has weakened, albeit only temporarily, the Finnish sawmill company Keitele says. The reason [...]
February 6, 2023
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The prices for wood pellets in Germany continue to fall
Pellet prices in Germany, like natural gas, have seen a rally in recent months. Over the course of the year [...]
February 6, 2023
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Swedish forest machinery producer Rottne expands to Canada
In 2022, Rottne Industri delivered 40 new forest machines to Canada. Interest in the Swedish-made forest machinery continues to [...]
February 6, 2023
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Stimson Lumber Company cuts production by 30%
Rising costs and weak market conditions have forced Stimson Lumber Company to curtail operations at its Clatskanie and Forest Grove [...]
February 6, 2023
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