Pfeifer Group implements strategies to address workforce shortages in the German sawmilling industry
Leading European sawmiller Pfeifer Group is taking active measures to combat staff shortages by creating a new training programme at [...]
August 8, 2024
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Kronospan to acquire major cargo terminal at Port of Riga
In early July, SIA Kronospan Riga, a subsidiary of the Kronospan Group, acquired KS Terminal, the fourth-largest cargo terminal [...]
August 8, 2024
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SCA wood division posts improved sales and profits in Q2/2024
SCA’s wood division recorded improved sales and profits in Q2 compared to the same period a year ago. [...]
August 8, 2024
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Steico AG posts considerable growth in half-year profits
Woodfibre insulation board and engineered wood product manufacturer Steico AG has reported a 52% growth in its EBITDA to €45 [...]
August 8, 2024
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Finland: Output of sawmills drops in H1/2024
It is estimated that the output of Finnish softwood sawmills has declined by 6% during the first half of 2024 [...]
August 7, 2024
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Japan: Prices for imported softwood lumber from Europe on the rise
The price increase of imported lumber for housing construction in Japan is becoming more noticeable. According to the Ministry of [...]
August 7, 2024
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Poland: Revolution in State Forests wood sales aimed at limiting exports
A significant change is coming to the timber sales industry in Poland. Starting next year, the Poland's State Forests [...]
August 7, 2024
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US hardwood veneer & plywood manufacturer closing 3 facilities
A US hardwood veneer and plywood manufacturer is permanently closing three facilities across Wisconsin, including two locations in the northeastern [...]
August 7, 2024
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Western Cascade mill in Toledo closing, cites log supply issues
The chip and sawmill operated by Western Cascade Industries in Toledo, Oregon, has permanently closing its doors last week, as [...]
August 7, 2024
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EUDR will likely results in a hike in operational costs for companies
The level of due diligence that companies will need to carry out under the EUDR will depend on the risk [...]
August 6, 2024
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