Archives: December 2024

EUR 2.5 billion in losses in Poland’s timber industry – Entrepreneurs’ appeal to Prime Minister Donald Tusk

The Polish timber industry, represented by companies and organizations within the Coalition for Polish Wood, has sent an urgent appeal [...]
December 14, 2024 Latest Trends

Sawn timber, plywood face decline as EU regulations shift logging to other parts of the world

If logging in the EU is reduced for climate and environmental reasons, logging and environmental problems will increase significantly in [...]
December 14, 2024 Latest Trends

Kährs Group has divested its Russian operations

Kährs Group  announced the divestment of its previously isolated business unit and asset operating in Russia. With the divestment [...]
December 14, 2024 Latest Trends

Mellanskog acquires Sveaskog’s stake in Setra Group

Sveaskog AB and Mellanskog announced a letter of intent regarding the sale of Sveaskog's stake in Setra Group AB [...]
December 14, 2024 Latest Trends

Austrian wood giant Binderholz reportedly eyeing parts of Ziegler Group

The provisional insolvency administrator Volker Böhm was able to stop the collapse of the wood empire and stabilize the [...]
December 13, 2024 Latest Trends

Canfor to increase ownership in Vida

Canfor Corporation announces the acquisition of an additional 7% of Vida AB’s outstanding shares, raising its total ownership to [...]
December 13, 2024 Latest Trends

USNR acquires Sågteknik

USNR has completed the acquisition of Sågteknik, a sawmill technology company based in Södermanland, Sweden. The two companies [...]
December 13, 2024 Latest Trends

Koskisen to increase plywood production

Koskisen is launching a comprehensive investment program in the plywood production of its Panel Industry business in Järvelä. The [...]
December 13, 2024 Latest Trends

Stora Enso reports strong autumn wood market activity and price stability

Stora Enso’s latest market report highlights robust demand for domestic wood in Finland, particularly for pulpwood, which continues to [...]
December 12, 2024 Latest Trends

US lumber prices drop in December

US lumber prices dropped below $570 per thousand board feet in December, marking a near one-month low, driven by [...]
December 12, 2024 Latest Trends