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
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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
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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
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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
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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
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Price of wood pellets in Germany continues to fall
Prices for wood pellets continued to fall in February, but more slowly than before. The price for wood pellets [...]
February 27, 2024
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Russian sawmill industry remains unprofitable for five consecutive quarters
According to official operational data from Rosstat, in 2023 the volume of production of softwood and hardwood lumber in Russia [...]
February 27, 2024
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Global wood prices stabilizing at a higher level
Global wood prices have stabilized at a higher level. This was preceded by a crash. This was triggered by high [...]
February 23, 2024
European wood industry welcomes trialogue outcome on carbon removals certification framework
The European Confederation of Woodworking Industries (CEI- Bois) and the European Organisation of the Sawmill Industry (EOS) welcome the outcome [...]
February 23, 2024
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Ponsse plans to reduce jobs, blames loss of Russian market
Ponsse is renewing its operating model worldwide. The Finnish forest machine manufacturer's current operating model does not sufficiently support [...]
February 23, 2024
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