Archives: June 2024

Overview of current trends in Northern Europe’s wood industry

The European wood industry is currently facing some challenging times. However, some hopes come from a recovery in the construction [...]
June 21, 2024

Austria: Softwood sawlog prices drop as demand is currently low

The Austrian sawmill industry is currently well stocked with softwood sawlogs, also due to shutdowns over the May holidays. Therefore [...]
June 21, 2024 Latest Trends

Raute raises 2024 net sales and profit guidance as order backlog improves

Raute updates its guidance for 2024, projecting net sales between Euro 185 and 210 million and a comparable EBITDA between [...]
June 21, 2024 Latest Trends

Bergs Timber to sell its pellet business in Fågelfors, Sweden

Bergs, through its subsidiary Bitus, agrees to sell its pellet business in Fågelfors, Sweden, to J. Rettenmaier & S [...]
June 21, 2024 Latest Trends

Finland and Sweden criticize the EU nature restoration law

The EU's restoration regulation has been approved on Monday by the EU's Environment Council. In the Council, 20 [...]
June 21, 2024 Latest Trends

European Council adopts nature restoration law

The European Council formally adopted the first regulation on nature restoration. This law aims to restore 20% of the EU [...]
June 21, 2024 Latest Trends

China log import market still sluggish in June; modest price increases

In June, China's log import market remained sluggish, with export prices showing only a very slight rise from May [...]
June 20, 2024 Latest Trends

Latvijas Finieris opens new veneer production plant in Kuldīga

Last week, the Latvian plywood and veneer producer JSC Latvijas Finieris opened a new veneer production plant "Kuldīgas fabrika [...]
June 20, 2024 Latest Trends

Perspectives and preparation strategies for EUDR vary

   Tropical timber suppliers at the Carrefour Internationale du Bois (CIB) exhibition in Nantes said there were signs [...]
June 20, 2024 Latest Trends

Swedish construction giant Skanska discusses trends in the US market

Skanska – the Sweden-based global construction giant- held its 2024 Skanska USA Building Spring Construction Market Trends webinar alongside publication [...]
June 20, 2024 Latest Trends