Archives: 2024

Bad mood among German sawmills: weak economy, construction crisis and EUDR

The current economic development and future challenges were the focus of a survey conducted among more than 100 member companies [...]
September 20, 2024 Latest Trends

Brazil urges EU to suspend anti-deforestation law

Brazil said Thursday it has urged the EU to suspend the implementation of a ban on imports of products driving [...]
September 20, 2024 Latest Trends

Tolko temporarily shuts down Armstrong lumber plant, cites tough market conditions

TolTolko Industries announced a two-week shutdown of its lumber plant in Armstrong, British Columbia, citing ongoing market challenges and [...]
September 20, 2024 Latest Trends

Bankruptcy court approves sale of LL Flooring assets to Lumber Liquidators founder

Bankrupt LL Flooring is a step closer to being sold to its founder and former CEO in a deal that [...]
September 20, 2024 Latest Trends

Well-known Austrian timber company files for insolvency

The Austrian construction industry is weakening. The Austrian company Mareiner Holz has filed for insolvency at the regional court. The [...]
September 19, 2024 Latest Trends

India’s growing demand for imported wood products

India’s annual import of logs, lumber, and wood products has seen a dramatic rise over the past two decades [...]
September 19, 2024 Latest Trends

Misled in the deal: Pfeifer demands €60 million refund for Pölkky acquisition

A significant dispute has emerged following the sale of the Finnish sawmill company Pölkky Oy, based in Kuusamo, to [...]
September 18, 2024 Latest Trends

Global wood market in crisis: plummeting prices and sawmill shutdowns

The global wood market is in deep trouble as wood prices continue to decline, with analysts predicting more significant drops [...]
September 18, 2024 Latest Trends

China: Rising plywood exports to key markets, prices falling

China’s plywood export destinations are diverse, with the top 12 markets accounting for 57% of the total national plywood [...]
September 18, 2024 Latest Trends

Top 5 companies in the Estonian wood industry

2023 was a challenging year for the Estonian wood industry, significantly reducing the profits of industrial companies. Below are the [...]
September 18, 2024 Latest Trends