Metsä Group’s sawmills work at full speed
Despite the recession, Metsä Group's sawmills work day and night. "Demand has been low, but we can see [...]
February 20, 2024
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Italian wood furniture industry declines 8% in 2023, with U.S. exports falling
The Italian wood furniture industry declined 8.1% in 2023 from 2022 to around $56.6 billion, due to both [...]
February 20, 2024
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West Fraser Timber’s CEO encouraged by outlook despite ongoing difficulties
West Fraser Timber Co. Ltd. president and CEO Sean McLaren said he expects the company will continue to experience unpredictable [...]
February 20, 2024
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China: Log imports face challenges as construction market uncertain
A Hong Kong court has issued an order to liquidate the heavily indebted Chinese real estate developer Evergrande, currently bearing [...]
February 20, 2024
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Interfor curtails lumber production in Oregon and British Columbia
Interfor Corporation has declared an indefinite curtailment of its sawmill operations in Philomath, Oregon, citing persistent high log costs in [...]
February 17, 2024
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Koskisen: Profitability affected by high price of wood
The financial performance of the Koskisen Group declined last year. The operating profit was 24 million euros, which is over [...]
February 17, 2024
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Raute more than doubles order intake in 2023
Raute's order intake for 2023 soared to Euro 315 million, more than doubling from the previous year's Euro [...]
February 17, 2024
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German sawmill industry: ”Implementation of the EUDR is currently impossible”
After the completion of the test phase for the implementation of the EU Deforestation Regulation (EUDR) last week and the [...]
February 16, 2024
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Poland to limit logging up to 20-30% in 2024
The forestry and wood industry in Poland must prepare for significant restrictions under the new government. Environment Minister Paulina Hennig [...]
February 16, 2024
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Australian Panels orders new MDF system from Siempelkamp
The new MDF system is the sixth Siempelkamp system for Australian Panels. Most recently, in August 2023, the customer decided [...]
February 16, 2024
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