European softwood lumber exports to US see sharp price drop
In January-September 2023, the European softwood lumber exports to the United States recorded a more pronounced fall in export [...]
October 20, 2023
Ponsse lowers its profit forecast for 2023
The Finnish industrial company Ponsse, which manufactures forest machines, lowers its profit forecast for the full year 2023. The [...]
October 20, 2023
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Austria: Slight recovery in demand and prices for softwood logs in October 2023
Due to the economic downturn in the construction industry and declining softwood lumber prices, the Austrian sawmill industry has further [...]
October 19, 2023
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Crisis looms over Estonia’s timber industry with declining demand and competitive pressures
The timber industry in Estonia is facing a severe crisis as a combination of reduced demand and competitive hurdles continue [...]
October 19, 2023
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Upturn expected next year in Finland’s softwood lumber market
In Finland, the forest industry is currently grappling with several challenges, including a rise in production and a shortage of [...]
October 19, 2023
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West Fraser to close particleboard plant in UK
Canadian lumber and wood-based panels manufacturer West Fraser is to permanently shut down its particleboard production at the site [...]
October 19, 2023
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Wood prices fall into crisis mode in Germany
Wood prices in Germany continue to be under pressure in October. The German wood industry is purchasing significantly lower quantities [...]
October 18, 2023
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Sharp decline in China’s birch log imports
According to China Customs, birch log imports fell sharply in the first eight months of 2023 and were 971,231 [...]
October 18, 2023
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IKEA’s sales grow 6.6% in FY 2023
Inter Ikea Group has reported that the total retail sales for Ikea in the financial year 2023 (FY23) reached EUR [...]
October 18, 2023
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Andritz to supply a pressurized refining system to Sonae Arauco
Andritz will supply a pressurized refining system to Sonae Arauco Deutschland GmbH’s mill in Meppen, Germany, to produce wood [...]
October 18, 2023
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