Companies in the timber industry

Largest sawmill group in the world buys largest OSB producer

     West Fraser has announced plans to acquire Norbord in a US$3.1bn takeover in what [...]

HOMAG Group sees signs of recovery in Q3/2020

    In the third quarter of 2020, the HOMAG Group recorded a significant improvement in order intake [...]

Canadian lumber giants make record profits; optimistic outlook for 2021

Canadian lumber companies that pulled in record earnings are optimistic about next year despite lower wood prices, as they see [...]

Interfor reports huge lumber sales

Canadian lumber giant Interfor has reported a huge rebound in sales after an earlier COVID-19 setback.    [...]

Irish Coillte’s wood supplies set to dry up next year

Supplies of wood needed for home building from Irish State company Coillte are set to dry up next year as [...]

Prospects of the German wood industry are deteriorating again

     The mood among companies in the German wood industry clouded over slightly in October against the [...]

China to ban imports of timber from Australia

    China has suspended imports of timber from the Australian state of Queensland, China's foreign ministry [...]

Canada to issue plywood dumping order against China

   The Canadian Hardwood Plywood and Veneer Association (CHPVA) says it welcomes the Canada Border Services Agency’s (CBSA [...]

Södra to increase the price for spruce timber

The Swedish sawmill industry's demand for wood continues to increase despite the global economic situation being uncertain due to [...]

Sharp fall for UPM’s profits in Q3/2020

Finnish forestry product giant UPM reported a larger than anticipated drop in profits in its third quarter.    [...]