Archives: April 2023

Denmark: Tvilum to close MDF and pine furniture factory due to poor market

Less than two years after Tvilum, Denmark's largest furniture manufacturer, acquired the furniture factory in Kjellerup from Steens Group [...]
April 14, 2023 Latest Trends

China’s timber prices continue to fall amid weak demand and overcapacity

Since the beginning of the year, timber import prices have been falling in China. They fell five times in February [...]
April 13, 2023 Latest Trends

Binderholz opens lumber production facility in North Carolina

Binderholz Enfield LLC held a grand opening ceremony to commemorate the official opening of its lumber production facility near Enfield [...]
April 13, 2023 Latest Trends

New Zealand log prices continue to rise, sawn timber may be sold to Asia at a discount

In March, the export price of New Zealand logs rose by 14%, an increase of US$18 per JASm³.  [...]
April 13, 2023 Latest Trends

LEAG Group to acquire Wismar Pellets in Germany

The LEAG Group acquires Wismar Pellets GmbH to expand the production and supply portfolio of its processing company. The [...]
April 13, 2023 Latest Trends

Vietnam’s wood exports have fallen sharply due to lack of orders

Vietnam’s wood industry has unexpectedly fallen into an unprecedented slump amid a sharp decline in orders. According to [...]
April 13, 2023 Latest Trends

Pfeifer: An important reason for buying Pölky was the price of the wood

Pölkky fits perfectly into our strategy, which enables synergistic growth, the Austrian company says. The Austrian timber manufacturer [...]
April 8, 2023

Kronospan to separate its business in Russia

Over the past year Kronospan has completed a strategic review of its business activities in Russia and decided to separate [...]
April 8, 2023 Latest Trends

Swedish sawnwood prices fall slightly in February

In February 2023, Swedish sawn timber export prices slightly decrease by -0.3% compared to the previous month. They also [...]
April 8, 2023 Wood Industry Prices

Current situation and prospects of the European wood-based panel industry

The conflict between Russia and Ukraine and the derived economic sanctions has caused a more pronounced trend to burn wood [...]
April 8, 2023 Market Analysis