Enviva is preparing to file for bankruptcy, says report
Enviva, the largest U.S. wood pellet exporter, is preparing to file for bankruptcy within days after a bad bet [...]
February 15, 2024
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Prices of softwood logs in Estonia are stable at a low level
The fourth quarter of last year did not bring any major changes in the wood market. The situation in the [...]
February 15, 2024
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Hasslacher Group expands in the North American market
Austrian Hasslacher Group announced that it will acquire a significant stake in Element5, a producer of cross-laminated timber and [...]
February 15, 2024
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Germany: Wood prices rise slightly, but no trend reversal in sight
Wood prices in Germany rose slightly at the beginning of 2024. However, this is not a real trend reversal. Demand [...]
February 13, 2024
Latest Trends
Metsä Group sees improved demand and prices for lumber in Q1/2024
Metsä Group's result weakened significantly last year. Comparable operating profit fell to 488 million euros, which is almost 800 [...]
February 13, 2024
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VMG Lignum construction factory to start operations in Lithuania
VMG Group, one of the largest wood processing and furniture manufacturing groups in Central and Eastern Europe, together with Hanner [...]
February 13, 2024
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European beech and ash market trends in 2024
If there is a market that still challenges the current global economic lethargy, it is indeed that of ash. But [...]
February 13, 2024
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Estonia: Increase in softwood lumber prices expected in early 2024
The price of softwood lumber in Estonia is almost half cheaper compared to last year, but the producers have reduced [...]
February 8, 2024
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UK timber imports rallied during the second half of 2023
UK timber import statistics for November 2023 show the market continued to improve in 2023, relative to 2022, with total [...]
February 8, 2024
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India: Sawn timber demand is picking up; import prices on the rise
Red Sea disruption has increased Europe to India container freight rates, resulting in kiln died sawn timber prices increasing by [...]
February 8, 2024
Latest Trends