Stora Enso lowers expectations for 2023 due to worsening market outlook
Due to materially lower earnings forecasts for the full year results 2023, Stora Enso’s new guidance is that the [...]
April 21, 2023
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Austria: Log prices fall in April
The sluggish sales of sawn timber in Austria are slowly being felt in the roundwood market as well. Especially in [...]
April 21, 2023
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Swiss Krono plans OSB capacities expansion and shifts investment priorities to W. Europe
After a two-year break due to the pandemic, the wood-based materials manufacturer Swiss Krono is represented at this [...]
April 21, 2023
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Thebault Group to invest EUR 100 million in France’s first LVL plant
The Thebault Group, a French plywood producer, announces the establishment of the first LVL (Laminated Veneer Lumber) manufacturing facility in [...]
April 21, 2023
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EU Parliament approves deforestation regulation
The European Parliament approved on April 19 the deforestation regulation that requires mandatory due diligence from operators and traders selling [...]
April 21, 2023
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Brazilian timber prices rising across the board
As of the end of February, the prices of Brazilian timber have risen across the board. Prices of Brazilian timber [...]
April 21, 2023
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HS Timber sells Sebes sawmill in Romania to Ziegler Group
Austrian company HS Timber Group (previously known as Schweighofer) announced that it reached an agreement to sell its sawmill HS [...]
April 20, 2023
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Spruce log prices mostly decreasing in Germany
The German producer price indices for spruce developed mostly downwards in February 2023. On average, the index for log wood [...]
April 20, 2023
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Holmen to increase capacity at Iggesund sawmill
Holmen Wood Products AB has commissioned the construction companies Veidekke and Brinkab to expand the Iggesund sawmill with a new [...]
April 20, 2023
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Jeld-Wen to sell its Australasia business for US$461 million
Jeld-Wen Holding, has entered into a definitive sale agreement with Platinum Equity to sell 100% of the business for [...]
April 20, 2023
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