Companies in the timber industry

Arauco suspends operations at seven production units

    Arauco, one of the world's largest forestry companies, announced its decision to halt operations at [...]

EPAL pallet production reaches record levels in 2021

    The European Pallet Association e.V. (EPAL) maintained the continuous growth of the EPAL Euro pallet [...]

Mondi Group to sell its Russian assets

The board of Mondi Group announced its decision to divest the group’s Russian assets. According to the group, as [...]

Russian factories continue to produce IKEA’s furniture under their own brands

  Once IKEA left Russia, the local furniture factories continued to produce IKEA’s furniture under their own brands [...]

Consequences of the war in Ukraine on Poland’s timber industry

Poland's wood industry expects a shortage of wood raw materials mainly caused by the current war in Ukraine.   [...]

Strong lumber prices boost Canfor Q1 profits 25 percent

Canfor Corp. is reporting a 25 percent increase in net profits in its latest quarter on near record high North [...]

Homag reports record order intake in Q1/2022

    In the first quarter of 2022, the Homag Group was able to further improve order intake [...]

Russian invasion, Covid and inflation overshadow the outlook of the Finnish sawmill industry

    The uncertainty caused by the Ukraine war is also reflected in the demand for Finnish lumber [...]