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Archives: July 2018

Booming trend in Vietnamese wood pellet exports

The pellet exports from Vietnam have gone from nearly zero to approximately 2.75 million metric tonnes per year, on [...]

CatchMark Timber completes acquisition of 1.1 million acres timberland in East Texas

CatchMark Timber Trust, Inc. completes acquisition of 1.1 million acres of prime East Texas timberlands for approximately $1.39 [...]

Kronospan to increase investment in Alabama expansion project to US$463 million

    Austrian wood-based panel producer Kronospan plans to increase the investment in their Oxford, Alabama expansion [...]

Enel Group sells its biomass plants in Italy for EUR 335 million

The Enel Group has reached an agreement with F2i SGR for the sale of the entire portfolio of biomass generation [...]

Latvijas Finieris to invest EUR 200 million in boosting birch processing and birch plywood production capacity

Latvijas Finieris Group reached a turnover of 229.1 million euros in 2017, which is 7% more than in 2016 [...]

Italy: Housing sector drives growth wood products imports

Italy’s rise in timber imports in 2017 is a key indicator of the sector’s recovery. Overall, Italy’s [...]

Sampsa Auvinen leaves Bergs Timber

    Swedish sawmiller Bergs Timber has announced organisational changes following its acquisition of Norvik Timber Industries’ Baltics [...]

Yacht industry calls for co-operation with Myanmar on teak

An international alliance of yacht sector and associated organisations has cautioned against a ban on trade in Myanmar teak. Instead [...]

German wood products imports rise in 2018 after stalling last year

In 2017, total German imports of wood products (including all those in HS 44 and wood furniture in HS 94 [...]

Belgium’s Beaulieu Group acquires two flooring companies in Canada and Australia

Beaulieu International Group (B.I.G.) announces the acquisition of two privately-owned companies, Beaulieu Canada and Beaulieu Australia, which [...]