Egger to invest more than $42 million to increase production capabilities and capacity
Austrian wood-based materials manufacturer Egger Wood Products has started production on a third lamination line at its Lexington, N [...]
March 1, 2023
Latest Trends
Middle East: Boom in construction sector to fuel demand for wood products
The boom in the Middle East construction and building sectors is fueling the growth of the wood and woodworking machinery [...]
March 1, 2023
Latest Trends
Africa: Few new timber orders from China
With the end of the ‘lockdowns’ in China and with the Lunar New Year holidays over producers had anticipated an [...]
March 1, 2023
Latest Trends
Reduced supply from New Zealand increase price pressure for logs in China
Log demand in China has not increased as much as expected after the Lunar New Year, but there will be [...]
February 28, 2023
Latest Trends / Wood Industry Prices
Finland: Roundwood price evolution in January 2023
In January, the average price paid for spruce logs was EUR 72.6 and for pine logs EUR 68.7 [...]
February 26, 2023
Latest Trends / Wood Industry Prices
Drax boosts pellet production
Drax Group plc released 2022 financial results on Feb. 23, reporting that the company produced 3.9 million metric tons [...]
February 26, 2023
Companies in the timber industry / Latest Trends
B.C. forest industry crisis deepens; more mill closures inevitable
Canfor’s plan to permanently shut down the pulp line at Prince George Pulp and Paper by March and potentially [...]
February 26, 2023
Latest Trends / Market Analysis
Södra explores possibility of building new large-scale sawmill in Sweden
Södra has decided to investigate the conditions for a new large-scale sawmill in Kinda in Östergötland, Sweden [...]
February 25, 2023
Companies in the timber industry / Latest Trends
Estonian roundwood prices fell sharply in Q4/2022
The peak price level of the Estonian wood market is clearly behind, and the prices of almost all assortments have [...]
February 23, 2023
Latest Trends / Wood Industry Prices
US lumber prices expected to see continued volatility
US lumber was one of 2022’s worst commodity performers, and it has been volatile at the start of this [...]
February 23, 2023
Latest Trends / Market Analysis
