Companies in the timber industry

MDF to replace large part of unorganized plywood segment, says Greenpanel official

Greenpanel, India’s largest producer of MDF, has state-of-the-art manufacturing plants in Uttarakhand and Andhra Pradesh, with [...]

Komatsu plans to grow forestry machine sales in North America and ASEAN

Japanese machinery maker aims to boost segment's revenue by 40%    Japanese equipment maker Komatsu hopes [...]

Drax’s acquisition of Pinnacle approved by shareholders

Pinnacle Renewable Energy Inc. and Drax Group plc. on March 31 each announced shareholder approval for the planned acquisition of [...]

EU plywood companies report good profits, but supply a struggle

    The good news from the majority of European hardwood plywood importers interviewed March 2021 was that [...]

Metsä to start construction of its new sawmill in Finland

Metsä Fibre is building the world’s most modern sawmill in Rauma, Finland. The construction work began in May 2020 [...]

UPM Timber cuts 43 jobs

    UPM Timber has completed the employee consultation process started in early February on its plans to [...]

Södra to invest in new CLT facility in Värö, Sweden

Södra is investing in a new facility that will increase the production capacity of timber frames ten-fold.  [...]

EU wood product exporters struggle to respond to UK due diligence requests

    One measure already enforced in the UK is the UK Timber Regulation which imposes legality due [...]

German woodworking machinery manufacturer cancels Ligna 2021 participation

Leading German woodworking machinery manufacturer Martin has cancelled its participation in this autumn’s Ligna exhibition due to uncertainty over [...]

China and Finland forced to find alternative sources for Russian roundwood

    Russia has been one of the largest roundwood traders globally for many years by exporting roughly [...]