Archives: July 2023

China’s sawn timber imports rise 11% in the first half

In the first half of this year, China's imports of logs fell by 9.3% year-on-year to [...]
July 25, 2023 Latest Trends

Stora Enso’s sawmill division posts 26% fall H1/2023

Stora Enso achieved sales of almost EUR 5.1 billion in the first half of the year, 13% less than [...]
July 25, 2023 Latest Trends

Kronospan to invest EUR 20 million in logistics center near Kyiv amid war challenges

Kronospan Group, which has woodworking enterprises Kronospan UA (Volyn region) and Kronospan Rivne (Rivne region) in Ukraine, has invested more [...]
July 25, 2023 Latest Trends

Vietnam’s hardwood plywood classified as Chinese product, facing higher duties

The U.S. Department of Commerce issued its final determination that hardwood plywood exported from Vietnam using hardwood plywood inputs [...]
July 25, 2023 Latest Trends

North American lumber market starts improving after bad H1/2023

The sluggish North America lumber market finally started to improve in late June and into July. The one driver that [...]
July 20, 2023 Latest Trends

Implications of EU’s new regulation for deforestation-free supply chains: EUDR in focus

On June 29, 2023, the new EU regulation for deforestation-free supply chains (EUDR) came into force. And though this [...]
July 20, 2023 Latest Trends

European associations call for restrictions on oak log exports

The sharp increase in the volume of European oak log exports to China in 2022 has prompted efforts by a [...]
July 20, 2023 Latest Trends

Kingspan Group acquires majority stake in Steico

Kingspan Group has entered into an agreement with Schramek GmbH to acquire 51% of the shares of Steico SE, with [...]
July 20, 2023 Latest Trends

Sweden’s Setra’s Q2 net sales down 23.7%

Swedish wood products company Setra has reported an operating profit of SEK 10 million ($976,562) for the Q2 2023 [...]
July 20, 2023 Latest Trends

Hardwood log supply under increasing strain in Europe

Hardwood log availability is now coming under considerable pressure in Europe due to the combined effects of declining forest productivity [...]
July 19, 2023 Latest Trends