Keitele Timber’s CEO is cautious about the sawn timber market outlook

Matti Kylävainio, CEO of Keitele Timber has highlighted the industry's struggles in a recent interview for the Finnish media. Kylävainio described the situation as difficult, stating: "There is a lack of demand, and production is not worth it. Forestry's real money-making machine is broken." Despite this bleak outlook, Kylävainio, in his role as CEO of Keitele Timber, announced an investment program set to increase sawmill production over the next few years. This initiative aims to boost Keitele's sawmill production by 50 percent by 2027, primarily increasing the need for spruce logs by ...