Article Archive

Microsoft turns to CLT

Microsoft is experimenting with sustainable building techniques for its new datacenters in northern Virginia, aiming to reduce the carbon footprint [...]
November 6, 2024 Latest Trends

Finland: Economic situation of the forest industry weakened after recovery at the beginning of the year

The production of forest industry products in Finland has increased this year, but the development has lagged behind expectations since [...]
November 6, 2024

US South set to surpass Canada in lumber production

The U.S. South is poised to overtake Canada’s historic dominance in North American lumber production as decades of [...]
November 6, 2024 Latest Trends

Record timber prices in Norway

In the third quarter of 2024, a total of 2.6 million cubic meters of timber was harvested for industrial [...]
November 6, 2024 Latest Trends

Setra inaugurates new saw line at its Skinnskatteberg sawmill

In recent years, the Swedish wood industry company Setra Group has invested close to two billion (EUR 172 million) in [...]
November 6, 2024 Latest Trends

Wood prices on the rise: projections indicate sustained increases through 2025

The outlook for 2025 suggests that wood prices will remain elevated due to enduring supply constraints, global demand for timber [...]
November 5, 2024 Latest Trends

High raw material prices put pressure on Setra

Swedish wood product company Setra had a struggling third quarter and reports a loss of SEK 50 million, compared to [...]
November 5, 2024 Latest Trends

Premier Forest Products to acquire Bitus UK from Bergs Timber

Premier Forest Products has continued on the acquisition trail by acquiring the trade and assets of Bitus UK Ltd – formerly [...]
November 5, 2024 Latest Trends

Speculation around Stora Enso’s forest sale in Sweden as major players decline interest

There is much speculation about who wants and can buy the 168,000 hectares of forest that Stora Enso wants [...]
November 5, 2024 Latest Trends

Global log and lumber price volatility likely to persist until 2030

The global log supply is facing a shortage, signaling both challenges and opportunities for the forestry sector, according to insights [...]
November 1, 2024 Latest Trends