Archives: October 2024

Austria: Current conditions for the parquet industry are very challenging

The Austrian parquet industry held its traditional annual meeting this year in Geinberg under the chairmanship of Christoph Bawart. The [...]
October 16, 2024 Latest Trends

Kronospan subsidiaries in Ukraine to receive 30-mln euro loan from EIB

The Austrian manufacturer of wood-based panels Kronospan is planning to raise a 200-million-euro loan from the European [...]
October 16, 2024 Latest Trends

German wood industry calls for stable policy frameworks

With a joint appeal, the associations The Forest Owners (AGDW) and the German Sawmill and Wood Industry Association (DeSH) are [...]
October 16, 2024 Latest Trends

Global wood markets face continued struggles with rising costs and trade disruptions

As August came to a close, the global wood products sector remained under pressure. In Europe, many countries are facing [...]
October 15, 2024

EU opens formal investigation into Chinese hardwood plywood dumping; suspected of originating from Russia

The European Commission has launched an anti-dumping investigation into imports of hardwood plywood from China, acting on a complaint [...]
October 15, 2024 Latest Trends

Hurricane Helene impacted around $1.28 billion in timber resources in Georgia

The Georgia Forestry Commission (GFC) said they estimated a total timber resource impact of $1.28 billion from Hurricane Helene [...]
October 15, 2024 Latest Trends

Finnish forestry industry has turned the corner, log prices will stabilize next year

The economic turnaround for the Finnish forestry industry has already occurred, but a major leap forward is not yet in [...]
October 15, 2024 Latest Trends

James Jones & Sons to acquire HG Timber

James Jones & Sons, a family owned and managed forest products company, has announced the expansion of its Pallets & [...]
October 15, 2024 Latest Trends

Metsä Group plans to stop plywood production in Suolahti, due to low profitability

Metsä Group plans to close the Suolahti birch and softwood plywood factories in central Finland. The closure is justified by [...]
October 12, 2024 Latest Trends

Russia continues to reduce timber export volumes in 2024

In January-July 2024, Russian forestry companies reduced their timber exports. According to "Roslesinforg" ((the forest inventory organization), data timber [...]
October 12, 2024 Latest Trends