Companies in the timber industry

Global pellet producers negatively impacted by COVID-19 pandemic

75% of certified producers have been negatively affected by the COVID-19 pandemic.    A survey conducted [...]

EGGER invested EUR 300 million in the first half of the year

    The EGGER Group, with headquarters in St. Johann in Tirol, Austria, has completed the first half [...]

Siempelkamp delivers four new drum dryers to Highland Pellets

Büttner, the energy and drying systems subsidiary of Siempelkamp, will deliver four new drum dryers to the American pellet [...]

IKEA invests 150 million euros in Spain

    IKEA announced an investment of around 150 million euros in the next 3 years in an [...]

Canfor improves earnings in Q2

For the 2Q 2020, Canfor Corporation reported operating income of $96.9 million, $185.7 million higher than the operating [...]

UPM profit falls sharply in Q2/2020

Finnish forestry giant UPM reported a smaller-than-expected fall in quarterly profits, saying lockdowns hit paper demand and prices [...]

SCA to boost wood harvesting level by 1 million m3 per year

    SCA has confirmed a new harvesting plan which shows that the harvesting level in the own [...]

Stora Enso sees sharp drop in its Wood Products division

Stora Enso's Wood Products division sales decreased by 16% in the second quarter yoy, or by EUR 65 million [...]

Holmen becomes an important player in the CLT industry

On Thursday, July 16, Holmen announced the news that the Group has signed an agreement to acquire the family-owned [...]

SmartLam quadruples CLT production

SmartLam, the first commercial manufacturers of cross-laminated timber (CLT) in the U.S., has officially opened its new production [...]