Poland to limit logging up to 20-30% in 2024
The forestry and wood industry in Poland must prepare for significant restrictions under the new government. Environment Minister Paulina Hennig [...]
February 16, 2024
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Australian Panels orders new MDF system from Siempelkamp
The new MDF system is the sixth Siempelkamp system for Australian Panels. Most recently, in August 2023, the customer decided [...]
February 16, 2024
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West Fraser reports considerable loss in Q4/2023
West Fraser Timber Co. Ltd. says it lost US$153 million in its fourth quarter, a steeper loss than US [...]
February 16, 2024
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Changing timber trade flows and price dynamics across the Baltic Sea region
As the timber price frenzy is ongoing in Sweden, even Norway's timber market has come to life as timber [...]
February 15, 2024
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Enviva is preparing to file for bankruptcy, says report
Enviva, the largest U.S. wood pellet exporter, is preparing to file for bankruptcy within days after a bad bet [...]
February 15, 2024
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Prices of softwood logs in Estonia are stable at a low level
The fourth quarter of last year did not bring any major changes in the wood market. The situation in the [...]
February 15, 2024
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Hasslacher Group expands in the North American market
Austrian Hasslacher Group announced that it will acquire a significant stake in Element5, a producer of cross-laminated timber and [...]
February 15, 2024
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Germany: Wood prices rise slightly, but no trend reversal in sight
Wood prices in Germany rose slightly at the beginning of 2024. However, this is not a real trend reversal. Demand [...]
February 13, 2024
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Metsä Group sees improved demand and prices for lumber in Q1/2024
Metsä Group's result weakened significantly last year. Comparable operating profit fell to 488 million euros, which is almost 800 [...]
February 13, 2024
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VMG Lignum construction factory to start operations in Lithuania
VMG Group, one of the largest wood processing and furniture manufacturing groups in Central and Eastern Europe, together with Hanner [...]
February 13, 2024
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