Austrian wood company insolvent; cites war in Ukraine, disrupted supply chains and slow construction
Insolvency proceedings against Weiss GmbH, based in Flachau (Pongau), were opened at the Salzburg Regional Court on Wednesday. The company [...]
April 10, 2024
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China: Number of plywood production companies fell in 2023
According to the Academy of Industry Development and Planning under the National Forestry and Grassland Administration (NFGA) and the China [...]
April 10, 2024
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German wood industry: “Implement construction turbo now”
In Germany, the slump in housing construction permits continues unabated. The German Federal Association of the Sawmill and Wood Industry [...]
April 10, 2024
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UK timber import volumes fall at start of 2024
UK's timber import volumes were down by around 45,000 m3 in January. Particleboard, engineered wood, OSB and MDF [...]
April 10, 2024
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India: Steady timber import demand
Demand in Kandla for green sawn timber is steady at INR 571 and INR 601 per CFT from timber from [...]
April 10, 2024
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China: Oversupply of logs pushes down CFR prices
There is currently an oversupply of logs in China and CFR log prices have fallen about 12% in late March [...]
April 9, 2024
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Strikes end in Finland; forestry giants restart operations
The trade union association's (SAK) board has decided that the trade unions will suspend political industrial action this Monday [...]
April 9, 2024
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AHF to purchase the two Allegheny sawmills
A recent development in West Virginia’s timber industry sees AHF Products securing approval for the purchase of two sawmills [...]
April 9, 2024
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Stiga RM buys a new sawmill in Latvia
SIA "Rīgas meži,"finalized a deal on April 4, 2024, to sell its sawmill "Norupe" to SIA "Stiga [...]
April 9, 2024
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Bankruptcy of the world’s largest pellet producer sends shockwaves through European markets
Enviva, the world's largest maker of wood pellets from forest biomass, filed for bankruptcy in March, sending ripples through [...]
April 5, 2024
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