Archives: 2024

Finland’s softwood lumber exports on the rise; boost in raw wood imports from Latvia

Finland's export volume of softwood lumber increased last October from a year ago. A total of more than 700 [...]
January 9, 2024 Latest Trends

Rising freight rates in the wake of Suez crisis

Ocean freight rates are surging after a missile attack and attempted hijacking of a Maersk ship this weekend prompted carriers [...]
January 9, 2024 Latest Trends

Versowood to acquire pellet factory in Finland

Neova Oy's subsidiary Vapo Terra Oy and Versowood Oy have agreed on a business sale and purchase agreement whereby [...]
January 9, 2024 Latest Trends

China’s poor housing accounts for big decline in B.C. lumber exports

Until recently, China stood as the second-largest market for British Columbia (B.C.) wood products, considering both lumber and [...]
January 9, 2024 Latest Trends

Pfeifer’s CEO urges wood industry to avoid pessimism despite current market woes

The CEO of one of Europe’s largest sawmilling groups has told the market and customers to avoid pessimism at [...]
January 5, 2024 Latest Trends

Pfleiderer Group finds new buyer for Polish wood-based panel plants

Bogdan and Elzbieta Kaczmarek, private investors and owners of Central European manufacturers of quality furniture and mattresses, together with Innova [...]
January 5, 2024 Latest Trends

RemaSawco to upgrade Södra and Wallnäs Timber’s sawmills Sweden

RemaSawco and Södra have agreed to upgrade Södra's four sawmills Kinda, Långasjö, Mönsterås and [...]
January 5, 2024 Latest Trends

China to extend tariff exclusions on seven US hardwood lumber products

The People’s Republic of China State Council Tariff Commission (SCTC) announced on December 22nd, 2023, that it is extending [...]
January 5, 2024 Latest Trends