Archives: December 2021

UPM is investing in plywood production in Joensuu

UPM is investing Euro 10 million in the development of UPM Plywood's plywood mill in Joensuu, Finland.   [...]

N. American lumber prices spike above $1,000

   Lumber prices jumped 5% to more than $1,000 for the first time since mid-June on Thursday [...]

Log costs for sawmills in the US South are among the lowest in the world

The forest industry in the US South has attracted increased interest and investment over the past few years. This relatively [...]

Germany: Volume of bark beetle damaged wood expected fall by 17 million m3 in 2022

According to the latest statistics, in 2021, Germany's logging of damaged timber will drop to 43 million cubic meters [...]

IMM Cologne furniture fair to be cancelled for second year in a row

The organisers of furniture and interiors fair IMM Cologne have postponed the next event until 2023 after concerns about coronavirus [...]

Homanit to invest Euro 65 million in Germany

Homanit GmbH & Co KG, a subsidiary of Homann Holzwerkstoffe GmbH and a leading supplier of thin, high-quality finished [...]

Wood-based panel prices rise sharply across Asia due to rising raw material costs

Soaring adhesive prices are impacting wooden board costs. Supply of raw materials of adhesive such as urea sharply dropped after [...]

Japanese Iida Group buys 75% in the largest forestry company in Russia’s Far East

The Japanese Iida Group will acquire 75% in the Russian Forest Products Group timber holding for about $ 525 million.The [...]

Mixed verdict on EUTR effectiveness

The long awaited "Fitness Check" of the EUTR and the FLEGT Regulation was published on 17 November alongside the EU [...]

Swedish Holmen to boost production capacity at Iggesund Sawmill

Holmen has announced they are investing SEK 400 million (EUR 39 million) in their Iggesund Sawmill.     [...]