Companies in the timber industry

Bark beetle damage reaches record 40 million m3 in the Czech Republic

The damage caused by the low purchase price of bark beetle wood in the Czech Republic and the premature harvesting [...]

China to reduces tariffs on some wood products

  China’s Custom Tariff Commission of the State Council has reduced tariffs on certain forestry products imported into [...]

Siempelkamp delivers new particleboard plant to Russia

The Russian wood-based panels manufacturer Uvadrev-Holding placed an order with Siempelkamp for a new particleboard plant.   [...]

UFPI acquires Spartanburg Forest Products

UFP Industries, Inc. announced that one of its wholly owned subsidiaries, Sunbelt Forest Products Corporation, signed an agreement to purchase [...]

European renovation wave to create opportunities for the wood industry

  In her latest speech on the state of the Union, European Commission President Ursula von der Leyen highlighted [...]

Pfeifer Group to double its CLT capacity

  The Austrian Pfeifer Group is increasing its production capacity to 100,000 m³ cross laminated timber (CLT) annually [...]

Louisiana-Pacific to convert Houlton OSB mill

Louisiana Pacific Corp., (LP) has announced it is making an investment of approximately $150 million into its Houlton mill to [...]

Valutec reports rising demand from sawmills in Central Europe

  The last six months' sales to Germany and Austria amount to an order value of just over EUR [...]

German woodworking machinery industry expects growth in sales in 2021

  Despite the second lockdown and the associated restrictions, the German Woodworking Machinery Association still sees good chances for [...]

EIB provides EUR200 million loan to Metsä’s Kemi bioproduct mill

  The European Investment Bank (EIB) has signed a Euro 200 million loan agreement with Metsä Fibre Oy for [...]