Archives: 2023

Huber cancels plans to build US$ 439 million OSB plant

Leading specialty building products manufacturer Huber Engineered Woods LLC (HEW), a subsidiary of J.M. Huber Corporation, announced that, due [...]
February 15, 2023 Latest Trends / Wood Industry Prices

Pellet prices in Europe continue to decline at the beginning of 2023

According to the German Pellet Institute (DEPI), a ton of pellets in Germany for end users (gross) in January 2023 [...]
February 15, 2023 Latest Trends

US hardwood lumber expand to MENA region

The total exports of US hardwood lumber and veneer to the Middle East and North Africa region surged by  11 [...]
February 15, 2023 Latest Trends

China could wind back sanctions on Australian timber exports

China is preparing to wind back restrictions on Australian timber and other products under the latest phase of what insiders [...]
February 15, 2023 Latest Trends

Interfor reports Q4/2022 results

Interfor Corporation recorded a net loss in Q4 2022 of $72.2 million, or $1.40 per share compared to [...]

Prospects for the global lumber markets remain low this year

A severe recession in 2022 replaced the COVID-19 pandemic in 2020 and 2021 as the main force disrupting trade [...]

Exports of Russian lumber fall 25% in 2022 due to sanctions

Sanctions on timber imports introduced mainly by the European Union, the USA and Japan as a result of Russia's [...]
February 14, 2023 Latest Trends

Swedish lumber export prices continue to fall

In December 2022, for the 6th month in a row, Swedish lumber export prices continued to fall: -3.9% compared [...]
February 14, 2023 Latest Trends / Wood Industry Prices

Lumin invests US$136 million in a new plywood mill in Uruguay

Lumin will invest ~US$ 136 million to build its third industrial plant in Uruguay, which is expected to increase the [...]

Latvijas Finieris receives €39 million loan from EIB

The European Investment Bank (EIB) has provided €39 million in financing to Latvijas Finieris Group for investments in research and [...]