Wood-based Panels

Mood in the German timber industry remains gloomy

    After a brief brightening, the mood in the German timber industry continued to deteriorate in November [...]

Kronospan abandons takeover of Pfleiderer due to EU antitrust concerns

    Austrian wood panel producers Kronospan failed to allay EU antitrust concerns over its bid for German [...]

Russia’s lumber, plywood production falls sharply in Jan.-Oct. 2022

In the first ten months of 2022, Russia's lumber production totaled to 24.7 million m3, or 8.5 [...]

Warren Buffet’s investment company buys stake in Louisiana-Pacific

    In the course of the third quarter, the investment company Berkshire Hathaway, managed by Warren Buffett [...]

Mixed developments in China-EU wood products trade

According to China Customs in the first nine months of 2022 China’s log imports fell 32% to 33 million [...]

Egger invests 25 million euros in the Unterradlberg plan

The Egger Group invested in the 25 million euros in its Lower Austrian production facility in Unterradlberg. This involves investments [...]

Sweden: Sawlog prices continue to rise in Q3/2022

During the third quarter of 2022, delivery timber prices for both sawlogs and pulpwood in Sweden increased in comparison with [...]

Indonesian timber imports into the EU threatened by new deforestation law

    Indonesian officials have slammed the European Union’s proposal of a regulation that they say negates [...]

Latvia: Wood prices have reached a temporary low, no further falls expected

    Latvian wood processing company SIA "Kronus" predicts for the fourth quarter of 2022 that wood prices [...]

Ocean freights drop sharply as global trade slows down

In 2021, the skyrocketing shipping prices have made the world's major shipping companies more profitable, but now, such good [...]