Archives: December 2024

Segezha Group plans €980 million SPO to manage debt

The forestry holding Segezha Group plansto place an additional share issue by closed subscription at a price of €0.017 [...]
December 10, 2024 Latest Trends

Roseburg Forest Products streamlines operations

Roseburg Forest Products recently announced the layoff of approximately 2.5% of its workforce across North American operations, citing soft [...]
December 10, 2024 Latest Trends

Timber! New book reveals how wood can help save the planet from climate change

As the director of public affairs at CEI-Bois (the European Confederation of the Woodworking Industry) and EOS (the European [...]
December 10, 2024 Latest Trends

Ziegler insolvency: Search for investors underway

After the holding company of the Ziegler Group timber company and numerous subsidiaries filed for insolvency, the provisional insolvency administrator [...]
December 6, 2024

Operations of Metsä Group’s Suolahti plywood mill to close down in stages

The statutory negotiations concerning Metsä Wood’s Suolahti plywood mill, part of Metsä Group, which began in October, have ended [...]
December 6, 2024 Latest Trends

Austria and Germany welcome EUDR postponement but call for urgent revision

On December 3, 2024, the European Union provisionally agreed to delay the implementation of the EU Deforestation Regulation (EUDR) by [...]
December 6, 2024 Latest Trends

Stora Enso’s giant forest sales may attract others

Stora Enso plans to sell twelve percent of its forest holdings, which corresponds to 168,000 hectares. It is the [...]
December 6, 2024 Latest Trends

Germany: Wood market under pressure due to economic instability and weak construction sector

The German timber industry is entering a period of significant change. As 2024 ends, rising prices for softwood sawlogs reflect [...]
December 6, 2024 Latest Trends

Trade tensions and new regulations shape the future of hardwood markets

The 2024 International Hardwood Conference (IHC) brought together industry experts, market analysts, and trade representatives to discuss the evolving landscape [...]
December 6, 2024 Latest Trends

China: Log market faces supply-demand balancing act ahead of Chinese New Year

China softwood log inventory dropped slightly to 2.4m m3 due to lower supply as log demand has remained steady [...]
December 4, 2024 Latest Trends