Sawmilling

SCA boosts capacity at Tunadal Sawmill

SCA is applying for a new environmental permit for the Tunadal Sawmill. Instead of the currently permitted maximum of 600 [...]

Stora Enso plans lay-offs in Finland, oversupply in the sawn timber market blamed

Stora Enso prepares for temporary lay-offs in its Wood Products division in Finland. The provisional lay-off plans concern [...]

Finland: Pine and spruce logs prices rise at the beginning of the year

In January 2019, the Finnish pine log stumpage price came up to EUR 60.0 per m3, and the spruce [...]

Bergs Timber to cease operations at two sawmills in Sweden and Estonia

Bergs Timber made a review of all production facilities during the autumn and as a result, the Board has decided [...]

Russian softwood lumber exports to China have doubled in the past four years

    Russia’s softwood lumber production and exports have risen dramatically in recent years. Russian softwood lumber [...]

IKEA and UPM to grow wood sourcing in Russia

On 25 February 2019, Hasslacherles, UPM Chudovo, IKEA Industry Novgorod and the Administration of the Novgorod region have signed a [...]

Canfor reports 14% drop in lumber shipments in Q4 /2018

    Canfor Corporation generated strong financial results in 2018 with reported operating income of $608.6 million [...]

Pölkky Oy plans to invest EUR 30 million in its wood production facilities

Finnish Pölkky Oy has announced a major investment program, targeting its production facilities in northern Finland. The investment program [...]

Vietnam plans to push up wood products exports’ value to US$11 billion in 2019

    Vietnam aims to push wood export value beyond US$11 billion this year and to develop [...]