Wood pellet producer Enviva files for bankruptcy
Enviva Inc., the world’s biggest supplier of wood pellets, filed for bankruptcy in Virginia, outlining a restructuring plan to [...]
March 14, 2024
Latest Trends
Finland: Two-week port strike largely paralyzes foreign trade
There are fears that the political strikes which started yesterday, March 11, will cause permanent losses as production facilities need [...]
March 13, 2024
Latest Trends
European countries boosted softwood lumber exports to China in 2023
China Customs has reported 2023 lumber imports totalled 27.78 million cubic meters valued at US$6.84 billion, a [...]
March 13, 2024
Latest Trends
Vietnamese wood industry expects rising exports this year
Vietnam’s wood and forestry sector is aiming to export 15.2 billion USD worth of its products this year [...]
March 13, 2024
Latest Trends
Mood in the German wood industry further deteriorates
The mood in the German wood industry deteriorated further in February. Companies were less satisfied with the current business situation [...]
March 12, 2024
Latest Trends
Duties to be imposed on Russian birch plywood coming from Turkey and Kazakhstan
The European Commission is to impose duties on Russian birch plywood products entering the EU through Kazakhstan and Turkey, following [...]
March 12, 2024
Latest Trends
UPM announces negotiations on possible temporary layoffs
The negotiations will affect over 2,200 employees at all the forestry firm's pulp mills, sawmills, and communication paper [...]
March 12, 2024
Latest Trends
UK’s softwood timber imports perform well despite challenging markets
Despite the challenging end to 2023 seen across the construction sector, UK timber import volumes for the year were actually [...]
March 12, 2024
Latest Trends
Indian woodbased panel producers set to do well in 2024
2023 it has been estimated that MDF consumption in India was around 7,000 cubic metres per day and looking [...]
March 12, 2024
Latest Trends
The Swedish sawmill industry anticipates higher lumber prices this spring
After a brutal fall for Swedish sawmills, where lumber prices plummeted sharply while timber prices soared, there is now a [...]
March 9, 2024
