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Archives: October 2016

Shaw Industries acquires rival USFloors

World's biggest carpet manufacturer, Shaw Industries Group, Inc., acquires USFloors as to expand its luxury vinyl tile and hard [...]

Brexit effects on the European sawmill and woodworking industries

On the 23rd of June 2016 the British voted in a referendum to leave the European Union. While this decision [...]

Italy: Sicam 2016 ends with positive results

A great edition of SICAM ended today in Pordenone: four days of intense work for operators coming from 102 countries [...]

German Pellets investors have little hope of recovering their bonds money

The insolvent German Pellets collected approximately 280 million € of capital through the issue of bonds and the approximately 17,000 [...]

Schweighofer to expand planing capacity at its Kodersdorf sawmill in Germany

The Austrian company Holzindustrie Schweighofer plans to expand its site in Saxony, Germany. The City Council already approved the expansion [...]

Latvijas Finieris to launch its new impregnation plant in Latvia this month

Latvijas Finieris opens a new impregnation plant in Riga, Latvia on October 27, 2016. The construction of the plant was [...]

EU and Vietnam might agree on FLEGT licensing by the end of the year

The negotiations regarding the expansion of wood and wood products exports from Vietnam to Europe might be completed by the [...]
October 25, 2016 Daily News / Asia & Middle East / Europe / Global

Titan Group orders 17 timber kilns from Valutec for Arkhangelsk LDK-3 sawmill

Valutec has received an order for a total of 17 timber kilns from north-eastern Russia’s largest sawmill, Sawmill [...]

Rusforest receives takeover offer; company’s board to evaluate the offer

On October 24, 2016, Dimesilia Holdings Ltd announced an unsolicited public takeover offer for all shares in RusForest. The Board [...]

USDA to invest in expanding wood energy markets

Up to $7 million in grants will be invested in projects designed to expand wood products and wood energy markets [...]