UPM to lower its outlook for 2024
UPM lowers its outlook for this year due to lower deliveries in most businesses and lower pulp prices. During [...]
October 18, 2024
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Interfor to sell its Québec sawmills
Interfor Corporation announced plans to exit its operations in Québec, Canada, including the sale of its three manufacturing facilities [...]
October 18, 2024
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Stora Enso comes under criticism in Sweden due to payment delays
Forestry giant Stora Enso has come under criticism in Sweden for payment delays. The Swedish financial newspaper Dagens Industri [...]
October 16, 2024
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European wood-based panels sector expected to gradually recover from mid-2025
The European wood-based panels market will start to gradually recover from mid-2025, delegates at the European Wood Based [...]
October 16, 2024
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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
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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
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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
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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
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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
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