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 [...]
November 20, 2020
Companies in the timber industry / Latest Trends / ...Woodworking Machinery / Europe
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.   [...]
November 6, 2020
Companies in the timber industry / Latest Trends / ...Market Analysis / Forestry / Pulp & Paper / Sawmilling / Wood-based Panels / Europe
Setra plans to ramp up production to meet strong demand in global markets
Swedish sawmilling group Setra plans to fully ramp up production during the autumn in response to [...]
October 28, 2020
Companies in the timber industry / Latest Trends / ...Sawmilling / Wood Construction / Europe
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 [...]
August 18, 2020
Companies in the timber industry / Latest Trends / ...Market Analysis / Wood-based Panels / Europe
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 [...]
August 13, 2020
Companies in the timber industry / Latest Trends / ...Forestry / Pulp & Paper / Sawmilling / Wood Construction / North America
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 [...]
August 13, 2020
Companies in the timber industry / Latest Trends / ...Market Analysis / Forestry / Pulp & Paper / Sawmilling / Europe
Arauco’s sales down 18.8% in Q1/2020
Arauco, one of the largest global forest companies, reported sales revenues of USD 1,127.2 [...]
May 28, 2020
Companies in the timber industry / Latest Trends / ...Forestry / Sawmilling / Wood-based Panels / North America / South America
Interfor produces less lumber in Q1/2020
Interfor Corporation reported results for the initial quarter of the current year. The company reported net [...]
May 25, 2020
Companies in the timber industry / Latest Trends / ...Forestry / Sawmilling / North America
Södra sees supply and demand fall due to the outbreak of COVID-19
Despite dramatically changed conditions in the wake of the COVID-19 pandemic, production rates at Södra’s facilities remained [...]
May 19, 2020
Companies in the timber industry / Latest Trends / ...Forestry / Pulp & Paper / Sawmilling / Europe
COVID-19 pandemic starts to impact Norbord
Norbord Inc. reported Adjusted EBITDA of $75 million for the first quarter of 2020 compared to $27 million in the [...]
May 19, 2020
Companies in the timber industry / Latest Trends / ...Wood-based Panels / Europe / North America