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Archives: February 2016

General Electric to build world’s largest commercial biomass-fired plant

General Electric (GE) has been selected by Mechelen-based Belgian Eco Energy (BEE) to build the largest greenfield, 100 percent [...]
February 29, 2016 Daily News / Wood pellets / Europe / Global / North America

John Deere to lay off 100 in construction and forestry segment

John Deere has informed approximately 100 manufacturing employees that they will be placed on indefinite layoff, effective April 1. The [...]

US lumber & panel prices at the end of February

Framing lumber trading paused after a mostly busy first three weeks of February. Prices in key species still finished last [...]

Current prices of teak logs, sawnwood and plywood in India

Analysts report several price changes reflecting variation in the size of the logs shipped. Mexico has joined the ranks of [...]

Södra increases price for softwood pulp in Europe

Following a period of downward price pressure last year, the softwood pulp market stabilized in early 2016 and the outlook [...]

Turkey is now the largest MDF producer in the EU

After Turkey strengthened its export markets in the last two decades, they have now become the largest medium-density fiberboard [...]
February 29, 2016 Daily News / Wood-based panels / Europe / Global

US German Pellets subsidiaries filed for bankruptcy

The US subsidiaries of German Pellets filed for bankruptcy on Thursday. After construction delays and cost overruns, the Louisiana Pellets [...]

Lumber Liquidators’ sales drop after CDC announces cancer risk

US regulators announced that some of Lumber Liquidators Holdings Inc. laminate flooring has a great risk of causing cancer. The [...]

Central Africa: Minor sawnwood price movements

For the first time this year minor sawnwood price movements have been reported in Central/West Africa, otherwise most markets [...]

Sonae reports turnover increase in 2015

Consolidated turnover for Sonae Indústria´s continuing operations reached Euro 1,027 million in 2015, representing an increase of [...]