Archives: 2024

German forest industry takes issue with EUDR

In an open letter to the German Federal Government, the German forestry and wood products sector argue that the “the [...]
February 29, 2024 Latest Trends

Homag Group is not very optimistic about 2024

The Homag Group increased its sales by 1.44% to 1.625 billion euros in 2023. However, the decline in [...]
February 29, 2024 Latest Trends

Western Forest Products announces significant investments in B.C. sawmills

Western Forest Products has announced the completion of the installation of a continuous dry kiln at its Saltair sawmill.  [...]
February 29, 2024 Latest Trends

Estonia: Decline in demand forces the wood industry to adapt to the new situation

The Estonian timber industry continues to face challenges and some resiliency, and optimism has largely reversed for now. The summary [...]
February 28, 2024 Latest Trends

China: Log import volumes and prices overview in 2023

China Customs data shows log imports in 2023 totalled 38.03 million cubic metres valued at US$6.383 billion [...]
February 28, 2024 Latest Trends

Rosboro temporarily curtails Springfield Mill in Oregon

Rosboro has announced a temporary curtailment of production at its commodity stud lumber mill in Springfield, Oregon.  This decision [...]
February 28, 2024 Latest Trends

IKEA’s parent company buys forestland in Finland, Estonia and Latvia

Ingka Investments, the investment arm of Ingka Group, the parent company IKEA retailer, announced it has acquired 23,883 hectares [...]
February 28, 2024 Latest Trends

The Red Sea crisis seriously affects U.S. furniture imports

Citing recent US media reports, the Red Sea crisis continues to ferment and has now seriously affected the US furniture [...]
February 28, 2024 Latest Trends

Poland’s timber industry faces crisis due to government logging restrictions

The Polish timber industry is facing a deepening crisis, exacerbated by government restrictions on timber harvesting, particularly in ecologically significant [...]
February 27, 2024 Latest Trends

Swedish forest industry faces raw material supply issues

Production of wood products in Sweden decreased during the past year. The pulp production stabilized thanks to a record-strong [...]
February 27, 2024 Latest Trends