UPM Plywood to restructure its organization and scale its operations
UPM Plywood is planning an organizational reform and adaptation of operations to reflect the reduced production capacity and the weakening [...]
April 29, 2023
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China: Timber imports fall in Q1/2023; prices follow the trend
In the first quarter of this year, China's total timber imports reached 15.8 million m3, Slightly lower than [...]
April 27, 2023
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Lithuanian UAB Juodeliai invests in expansion of production facility in Marijampolė
The Lithuanian wood processing company UAB Juodeliai plans to build a second facility next to the production facility of pallet [...]
April 27, 2023
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Forecast: US lumber prices stuck in a range as signs of bottoming emerge
-US lumber prices have crashed by over 70% from last year’s high. -This decline is mostly because of [...]
April 27, 2023
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Kronospan to build new OSB plant in Alabama
Kronospan announced on Tuesday that it will begin construction of a new, state of the art, Oriented Strand Board (OSB [...]
April 27, 2023
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Setra reports negative Q1/2023 due to low prices and high costs
Swedish timber company Setra reported an operating loss of €5.64 million for the first quarter of 2023. A year [...]
April 27, 2023
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Latvijas Finieris to boost plywood production at Verems plant
Raute Corporation has signed a contract worth Euro 29 million with Latvijas Finieris for the delivery of technology to a [...]
April 27, 2023
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US South reports record lumber production
For years, the US South has continued gaining market share of North American lumber production. That production has now hit [...]
April 26, 2023
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Czech Republic: Export of logs fall sharply due to bark beetle retreat; sawmills boost processing
For years, the Czech Republic has been the largest exporter of raw wood in the European Union. Last year, however [...]
April 26, 2023
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Structurlam files for bankruptcy, plans to sell assets to Mercer
Structurlam Mass Timber Corp., a Canadian mass timber manufacturer with holdings in Arkansas, announced Monday (April 24) plans to sell [...]
April 26, 2023
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