Tolko temporarily shuts down Armstrong lumber plant, cites tough market conditions
TolTolko Industries announced a two-week shutdown of its lumber plant in Armstrong, British Columbia, citing ongoing market challenges and [...]
September 20, 2024
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Bankruptcy court approves sale of LL Flooring assets to Lumber Liquidators founder
Bankrupt LL Flooring is a step closer to being sold to its founder and former CEO in a deal that [...]
September 20, 2024
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Well-known Austrian timber company files for insolvency
The Austrian construction industry is weakening. The Austrian company Mareiner Holz has filed for insolvency at the regional court. The [...]
September 19, 2024
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India’s growing demand for imported wood products
India’s annual import of logs, lumber, and wood products has seen a dramatic rise over the past two decades [...]
September 19, 2024
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Misled in the deal: Pfeifer demands €60 million refund for Pölkky acquisition
A significant dispute has emerged following the sale of the Finnish sawmill company Pölkky Oy, based in Kuusamo, to [...]
September 18, 2024
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Global wood market in crisis: plummeting prices and sawmill shutdowns
The global wood market is in deep trouble as wood prices continue to decline, with analysts predicting more significant drops [...]
September 18, 2024
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China: Rising plywood exports to key markets, prices falling
China’s plywood export destinations are diverse, with the top 12 markets accounting for 57% of the total national plywood [...]
September 18, 2024
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Top 5 companies in the Estonian wood industry
2023 was a challenging year for the Estonian wood industry, significantly reducing the profits of industrial companies. Below are the [...]
September 18, 2024
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Indian companies face challenges with EUDR compliance
One of the primary challenges for Indian exporters will be compliance with the stringent traceability requirements of the EUDR. Indian [...]
September 18, 2024
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Latvia: Construction of Stiga RM new chipboard plant advances
The construction of the new Stiga RM chipboard factory in Tukum, Latvia is proceeding according to plan, having agreed with [...]
September 18, 2024
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