Metsä Group’s production plants are now quiet
In addition, strikes and an explosion have stopped the group's production plants.   [...]
April 4, 2024
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German customs seize vessel carrying banned Russian birch plywood heading for USA
Customs authorities in Germany have seized a vessel carrying some €40 million worth of Russian birch plywood bound for the [...]
April 4, 2024
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West Fraser moves to permanently close Perry sawmill
In a recent development, West Fraser has confirmed the permanent closure of its sawmill located in Perry, Florida. The decision [...]
April 4, 2024
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Crisis in the Polish wood industry, but signs of improvement arise
Poland's timber industry is grappling with a crisis. Reports of collective dismissals are emerging. Nevertheless, alongside these negative news [...]
April 3, 2024
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Strikes continue in Finland
The trade union association's (SAK) board has decided to continue the political strikes for another week. Thus, the [...]
April 3, 2024
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Latvia: Slow decline in roundwood prices
From November 2023 to January 2024, some fluctuations in the prices of roundwood assortments were observed in Latvia's timber [...]
April 3, 2024
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Home Depot to acquire SRS Distribution for $18 billion
The Home Depot, the world's largest home improvement retailer, has entered into a definitive agreement to acquire SRS Distribution [...]
April 3, 2024
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Majority of EU states support postponement of EUDR
A majority of EU agriculture ministers are urging the EU Commission to initially put the deforestation regulation on hold.  [...]
March 29, 2024
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Homann Holzwerkstoffe postpones start of MDF/HDF production at new plant in Lithuania
The management of Homann Holzwerkstoffe GmbH, a leading European supplier of thin, refined wooden fibreboards for the furniture, doors and [...]
March 29, 2024
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China’s log import market facing unprecedented weakness
The log import market in China has undergone a significant downturn, deviating from post-Chinese New Year expectations. Daily log [...]
March 29, 2024
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