Archives: 2024

Pellet prices continue to fall Germany–expected to fall further in 2024

Pellet prices in Germany continue to decline in January. Overall, wood pellets cost as much as they did about 2 [...]
January 16, 2024 Latest Trends

UK timber and panel imports on the rise in 2023

The gap between the cumulative annual volume of timber and panel imports into the UK during the first 10 months [...]
January 16, 2024 Latest Trends

German timber sector warns agains falling insurance rate in the sawmill industry

In view of the alarming results of a current survey on fire protection insurance, the German Sawmill and Wood Industry [...]
January 16, 2024 Latest Trends

Promising outlook in 2024 for Finland’s forest industry

Last year's wood trade in Finland was lower in terms of volume than the previous one, as it was [...]
January 16, 2024 Latest Trends

Hampton Lumber to close a sawmill in Oregon

Hampton Lumber announced the indefinite closure of its Banks, Oregon, sawmill, where operations have been curtailed since October 2023. The [...]
January 16, 2024 Latest Trends

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 Latest Trends

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 Latest Trends

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 Latest Trends

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 Latest Trends

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 Latest Trends