Stora Enso to revise 2024 profit forecast upwards
Nordic forest products giant Stora Enso has issued a more positive business and profits update. The company is now [...]
June 4, 2024
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Metsä Group completes divestment of its wood supply business in Estonia
The divestment of Metsä Group’s parent company Metsäliitto Cooperative’s wood supply business in Estonia to Combiforest O [...]
June 4, 2024
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Green Building Revolution: UAE and Saudi Arabia embrace timber construction in the Middle East
Despite a limited number of timber buildings erected, Dubai and Riyadh have experienced a threefold increase in imports of plywood [...]
June 4, 2024
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Poland: Wood industry could be serious impacted by the 20% reduction in logging
The Polish Chamber of Commerce of the Wood Industry has presented an in-depth analysis of the economic repercussions associated [...]
June 4, 2024
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Austrian wood industry faces difficult times
"The Austrian wood industry held up relatively well in 2023 in a difficult environment. The ongoing weakness of the construction [...]
May 30, 2024
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Finland: Isojoen Saha Oy to build a new saw line
Isojoen Saha Oy is building a new main saw line. The company does not disclose the value of the investment [...]
May 30, 2024
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India set to become the world’s largest pellet market?
India's growing economy demands substantial energy resources. Despite a strong focus on fossil fuels, the country has set ambitious [...]
May 30, 2024
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Century Plyboards (India) Ltd. produces first board on new Siempelkamp plant for MDF
In Andhra Pradesh, India, the first board was manufactured on a Siempelkamp MDF production line at Century Plyboards. The line [...]
May 30, 2024
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Swedish wood industry sees bright prospects in EU, UK and US markets
Production and deliveries of Swedish wood products decreased slightly in 2023 compared to the previous year. However, future prospects in [...]
May 29, 2024
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German wood industry companies more optimistic about the coming six months
Overall, the mood in the German wood industry changed only slightly in April 2024. Although companies were less satisfied with [...]
May 28, 2024
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