Archives: 2024

Pfeifer to expand cross-laminated timber production in response to rising market demand

The German wood processing company Pfeifer is responding to the rising demand for cross-laminated timber (CLT) with expanded production [...]
October 29, 2024 Latest Trends

Challenging Q3/2024 for Canfor; lumber segment outlook in N. America and Europe under pressure

Canfor Corp. says it had a net loss of $350.1 million in its last quarter as it took writedowns [...]
October 29, 2024 Latest Trends

Norra Timber boosts investments in its sawmills

orrNorra Timber, part of Norra Skog Group, is boosting investment in its Hissmofors Sawmill, committing SEK150m (EUR 13.1m) to [...]
October 29, 2024 Latest Trends

Egger Group started construction of €200m Markt Bibart plant investment

Egger Group has started construction at its 22nd plant in Markt Bibart, Germany, committing over €200 million to develop new [...]
October 29, 2024 Latest Trends

How Russian birch supply cuts are leading to plywood mill closures in Finland

Metsä Group recently announced the closure of its birch and softwood plywood mills in Suolahti, Central Finland. The reason [...]
October 24, 2024 Latest Trends

Sweden: Sawlog prices up 25% year-on-year

Prices for both sawlog and pulpwood increased across Sweden in the third quarter of 2024 compared to the second quarter [...]
October 24, 2024 Latest Trends

Kronospan affiliate Banasino prepares mandatory offer for Surteco

Banasino Investments S.à.r.l., an affiliate of Kronospan, has raised its stake in Surteco Group SE to 30% by [...]
October 24, 2024 Latest Trends

Germany: Pellet prices remain low in October

The heating season has begun, but price increases for wood pellets are still a long way off. With the start [...]
October 24, 2024 Latest Trends

Stora Enso’s payment frenzy is accelerating in Sweden

Media reports about how Stora Enso deliberately delayed the payment of invoices have caused the Swedish entrepreneurs' organization to demand [...]
October 24, 2024 Latest Trends

ISC 2024: Softwood lumber production in Europe expected to rise in 2025

The 72nd International Softwood Conference took place in the picturesque town of Taormina, Italy, from October 16-18, 2024. The [...]
October 23, 2024 Latest Trends