WEINIG to take over H.I.T. Maschinenbau
Michael Weinig, a woodworking machinery specialist company, concluded an agreement to acquire majority shares in German manufacturer H.I.T [...]
April 7, 2023
Latest Trends
EU trade associations launch coalition for EU bioeconomy
A new group of 14 EU trade associations including the providers of quality wood-based products, fibre-based, paper and [...]
April 7, 2023
Latest Trends
The Finnish logging company Metsäkonepalvelu expands in Sweden
Metsäkonepalvelu MKP, which has grown into the largest logging company in the Nordic countries, is expanding its operations in [...]
April 7, 2023
Latest Trends
German timber trade had a positive 2022; moderate expectations for 2023
For 2022, the company comparison of the German Timber Trade Federation (GD Holz) shows an increase in sales of 5 [...]
April 6, 2023
Latest Trends
Vietnam: Forecast of wood pellet market in 2023
There are a number of factors that may impact the production and trade of wood pellets in 2023. The first [...]
April 6, 2023
Latest Trends / Market Analysis
Vecoplan to open new subsidiary in France:
Vecoplan AG, a leading international specialist in sawmill waste handling, material transport and processing in the woodworking industry, as well [...]
April 6, 2023
Companies in the timber industry / Latest Trends
Challenges in Latvia’s wood industry: prices up and down, emergency situation due to the bark beetle
For a couple of days, an emergency situation has been in effect in many regions of Latvia due to the [...]
April 6, 2023
Latest Trends
Indonesia ready to challenge EUDR at WTO
The Director General of Sustainable Forest Management, Ministry of Environment and Forestry (KLHK), Agus Justianto, is reported as saying Indonesia [...]
April 6, 2023
Latest Trends
Largest increase in share of EU tropical wood market for at least 15 years
In 2021, logistical problems on the supply side in tropical countries during the COVID pandemic seemed to accelerate the long [...]
April 5, 2023
Latest Trends / Market Analysis
UPM completes sale of its assets in Russia
UPM has completed withdrawal of its businesses from Russia by selling all its Russian operations, including the Chudovo plywood mill [...]
April 5, 2023
Companies in the timber industry / Latest Trends
