Archives: 2024

India’s log import market is currently facing several challenges

Many parts of northern and western India are inundated with floods. Kandla is also affected by the monsoon rains, with [...]
August 13, 2024 Latest Trends

European residential construction in 2024 expected to drop by 8.5%

In Europe, a decline in completed housing is expected in the coming years. Euroconstruct forecasts a decline of 8.5 [...]
August 13, 2024 Latest Trends

Homag Group continues to feel market weakness in the first half of 2024

The Homag Group continues to feel the effects of the customers’ reluctance to invest. Sales and earnings decreased in the [...]
August 13, 2024 Latest Trends

Canadian lumber exports to the United states rise in H1/2024

In the first half of 2024, Canada’s lumber exports to the United States rose by 3% compared to the [...]
August 13, 2024 Latest Trends

European timber industry market outlook

As the current period of economic upheaval concludes, the future landscape of the timber trade remains uncertain, heavily influenced by [...]
August 8, 2024 Latest Trends

Pfeifer Group implements strategies to address workforce shortages in the German sawmilling industry

Leading European sawmiller Pfeifer Group is taking active measures to combat staff shortages by creating a new training programme at [...]
August 8, 2024 Latest Trends

Kronospan to acquire major cargo terminal at Port of Riga

In early July, SIA Kronospan Riga, a subsidiary of the Kronospan Group, acquired KS Terminal, the fourth-largest cargo terminal [...]
August 8, 2024 Latest Trends

SCA wood division posts improved sales and profits in Q2/2024

SCA’s wood division recorded improved sales and profits in Q2 compared to the same period a year ago.  [...]
August 8, 2024 Latest Trends

Steico AG posts considerable growth in half-year profits

Woodfibre insulation board and engineered wood product manufacturer Steico AG has reported a 52% growth in its EBITDA to €45 [...]
August 8, 2024 Latest Trends

Finland: Output of sawmills drops in H1/2024

It is estimated that the output of Finnish softwood sawmills has declined by 6% during the first half of 2024 [...]
August 7, 2024 Latest Trends