Kronospan boosts its stake in West Fraser
Banasino Investments S.à r.l., an investment firm based in Nicosia, Cyprus, and affiliated with the Kronospan Group has acquired [...]
June 28, 2023
Latest Trends
Georgia-Pacific’s Pineland expansion project results in largest sawmill in the South
With the recent completion of a $120 million expansion, Georgia-Pacific says the East Texas mill is now the largest [...]
June 28, 2023
Latest Trends
Premier Forest Products to sell a sawmill in South Wales
Timber supplier Premier Forest Products announces that it has completed an agreement to sell the assets of their sawmill at [...]
June 28, 2023
Latest Trends
Finland: Record surge in timber trade, log prices on the rise
May 2023 witnessed an unprecedented surge in the volume of timber trade in Finland, reaching the highest level ever recorded [...]
June 27, 2023
Latest Trends
Mayr-Melnhof opens EUR 175 million CLT plant
Mayr-Melnhof Holz AG officially opened the new cross-laminated timber plant in Leoben, Austria on Friday. It is the [...]
June 27, 2023
Latest Trends
German sawmilling sector to hold online conference to discuss economic challenges
The German sawmilling industry is to give an online economic update to its members and the press on June 27 [...]
June 27, 2023
Latest Trends
Stora Enso to divest its wood products DIY production unit in the Netherlands
Stora Enso intends to divest its wood products DIY unit in Amsterdam, the Netherlands to Megahout, backed by the private [...]
June 27, 2023
Latest Trends
European wood pellet prices fall despite ban on Russian imports
The price of industrial wood pellets, which are used in power generation, have fallen dramatically in Europe this year despite [...]
June 27, 2023
Latest Trends
UPM Plywood is reducing its workforce, operations are being adapted to the weakening market
UPM Plywood has completed the change negotiations, which started in May, concerning salaried employees in the staff and global functions [...]
June 23, 2023
Latest Trends
Global sawmill industry faces challenging markets in the coming years
In recent years, the lumber industry has faced supply chain limitations and fluctuations in demand due to factors like COVID [...]
June 23, 2023
