Latvian forest sector faces serious challenges in the global wood markets
The year 2023 was quite dynamic and sometimes unpredictable for the Latvian forest industry. Pēters Putniņš, chairman of [...]
January 11, 2024
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West Fraser to close two sawmills in U.S. due to soft lumber markets
West Fraser Timber Co. says it's closing one U.S. sawmill and indefinitely curtailing another because of high fibre [...]
January 11, 2024
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Wood pellet giant Enviva enters 2024 amid a financial crisis
The North-American wood pellet giant Enviva is walking a financial tightrope as it enters 2024. The company's [...]
January 11, 2024
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American hardwood exporters hire Dovetail Partners to assess EUDR impact
The American Hardwood Export Council (AHEC) commissioned Dovetail Partners to complete independent jurisdictional risk assessments covering hardwood production in 33 [...]
January 11, 2024
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Kingspan completes acquisition of majority stake in Steico
Kingspan Group plc announced that it has completed the acquisition of a majority stake (c. 51%) in Steico SE from [...]
January 11, 2024
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Germany: Wood prices recovered slightly; uncertain outlook for 2024
Wood prices in Germany have recently recovered slightly. But this is not a radical market change. Some observers fear that [...]
January 10, 2024
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Metsä Fiber to stop production at Merikarvia sawmill
Metsä Fiber, a member of Metsä Group, starts change negotiations at the Merikarvia sawmill. The purpose is to stop lumber [...]
January 10, 2024
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Logging activities to be limited in 10 Polish forest areas
The Polish government ordered a state-run company that manages more than 7 million hectares of the country's forests [...]
January 10, 2024
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Egger acquires stake in Thai panel producer
With the aim of further strengthening its own market position in Asia, the Egger Group has acquired a 25.1 [...]
January 10, 2024
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China’s log demand slows due to low temperatures
Log demand in China remained steady through November and early December but severely low temperatures at the end of December [...]
January 9, 2024
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