Archives: 2024

Stimson Lumber invests $50 million in a new sawmill built with Finnish technology

Stimson Lumber Company announced a $50 million investment in a new, high-speed sawmill line at its Forest Grove, Oregon [...]
July 2, 2024 Latest Trends

US lumber prices continue to fall as construction market is still weak

The downward trend in US lumber prices continues. The reason is the collapse in housing starts and building permits. Added [...]
June 28, 2024 Latest Trends

Considerable drop in European wood-based panels production

European wood-based panels production declined by a “disappointing” 6.3% in 2023, according to the latest statistics unveiled by [...]
June 28, 2024 Latest Trends

Keitele Timber’s CEO is cautious about the sawn timber market outlook

Matti Kylävainio, CEO of Keitele Timber has highlighted the industry's struggles in a recent interview for the Finnish [...]
June 28, 2024 Latest Trends

Rise in pine and spruce log prices in Germany

Persistent rain made timber harvesting impossible in large parts of Germany, particularly in Lower Saxony, in the first weeks and [...]
June 28, 2024 Latest Trends

Södra to become the largest producer of kraft lignin in the world

Södra is now establishing a new business to become a world leader in the production of kraft lignin. S [...]
June 28, 2024 Latest Trends

United States asks EU to delay EUDR

The United States has asked the European Union to delay its upcoming ban on imports of soy, wood and other [...]
June 27, 2024 Latest Trends

European parquet market still awaiting recovery

After two booming years in 2021-2022, the parquet industry has experienced a sharp downturn. In Europe, consumption plummeted by [...]
June 27, 2024 Latest Trends

KPPD plans to close its sawmill in Wierzchów

The Polish sawmilling company KPPD announced the commencement of activities aimed at its sawmill in Wierzchów. The main factor [...]
June 27, 2024 Latest Trends

Ireland: Timber prices remained stable in Q2/2024

Prices for timber have remained stable in the second quarter of the year, according to a forestry timber market survey [...]
June 27, 2024 Latest Trends