German customs seize vessel carrying banned Russian birch plywood heading for USA
Customs authorities in Germany have seized a vessel carrying some €40 million worth of Russian birch plywood bound for the [...]
April 4, 2024
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West Fraser moves to permanently close Perry sawmill
In a recent development, West Fraser has confirmed the permanent closure of its sawmill located in Perry, Florida. The decision [...]
April 4, 2024
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Crisis in the Polish wood industry, but signs of improvement arise
Poland's timber industry is grappling with a crisis. Reports of collective dismissals are emerging. Nevertheless, alongside these negative news [...]
April 3, 2024
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Strikes continue in Finland
The trade union association's (SAK) board has decided to continue the political strikes for another week. Thus, the [...]
April 3, 2024
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Latvia: Slow decline in roundwood prices
From November 2023 to January 2024, some fluctuations in the prices of roundwood assortments were observed in Latvia's timber [...]
April 3, 2024
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Home Depot to acquire SRS Distribution for $18 billion
The Home Depot, the world's largest home improvement retailer, has entered into a definitive agreement to acquire SRS Distribution [...]
April 3, 2024
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Majority of EU states support postponement of EUDR
A majority of EU agriculture ministers are urging the EU Commission to initially put the deforestation regulation on hold. [...]
March 29, 2024
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Homann Holzwerkstoffe postpones start of MDF/HDF production at new plant in Lithuania
The management of Homann Holzwerkstoffe GmbH, a leading European supplier of thin, refined wooden fibreboards for the furniture, doors and [...]
March 29, 2024
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China’s log import market facing unprecedented weakness
The log import market in China has undergone a significant downturn, deviating from post-Chinese New Year expectations. Daily log [...]
March 29, 2024
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New warnings over the dismantling of the US timber industry due to closures, reductions and curtailments
In recent times, the closure of forest product mills and plants across the United States has become increasingly frequent, almost [...]
March 28, 2024
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