Article Archive

Nordic forestry giants feel the impact of Covid-19 on 2020 results

    Forestry giants in Northern Europe, Stora Enso, UPM and SCA, have felt the impact of the [...]

Finland’s forest industry exports fall sharply in Jan.-Nov. 2020

In January-November Finland's wood imports totalled 11.56 million cubic metres and increased by seven per cent compared [...]

Interfor eyes growth by acquisition

The CEO of Interfor Corp. says profits from strong lumber markets mean the company is well-positioned to add to [...]

Global furniture consumption is estimated to decrease by -10% in 2020

Covid-19 has severely impacted global furniture trade growth – yet recovery is imminent, reports Milan’s Centre for Industrial Studies [...]

Prices of imported lumber at main Chinese timber distribution markets in January 2021

    This index contains the latest update (January 2021) for prices of lumber from three major timber [...]

US softwood lumber market evolution in 2021-2022

    According to the Random Lengths Framing Lumber Composite Index, the price of softwood lumber in the [...]

Strong demand in UK but freight problems lead to shortages and rising timber prices

A positive factor for the UK timber trade in 2020 was that the initial downturn in construction sector activity, which [...]

Chinese woodworking machinery industry to enter a stage of smart manufacturing

Woodworking machinery is the industrial foundation of furniture manufacturing, the wood processing industry, and other industries. With the improvement of [...]

UPM plans to close a sawmill in Finland

    Finnish forest industry giant UPM sawmill supply chain will be streamlined, one production line will be [...]

World’s largest wood flooring factory to be build in Croatia

In October 2020, Pervanovo Invest AB, the parent company of the group of companies that includes Välinge Innovation and [...]