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Archives: July 2022

Germany plans to spend 900 million euros on forests by 2026

The German federal government wants to invest 900 million euros in the protection and renewal of forests. The funding aims [...]

Central European roundwood markets are at a turning point

Central European roundwood markets are at a turning point as forests in much of the region have recently suffered extensive [...]

West Fraser Timber denies Kronospan, CVC takeover

West Fraser Timber Co. Ltd. says it has not received any takeover offer after a report that Kronospan, an existing [...]

Germany: Wood prices soaring until May- signs of correction since June

Wood prices in Germany rose steeply up until May. Now there are first signs of a correction, especially for softwood [...]

Western Forest Products to acquire glulam manufacturer

Western Forest Products Inc. announced that a wholly owned subsidiary of Western has entered into an agreement to acquire certain [...]

CVC, Kronospan eye acquisition of West Fraser Timber

Private equity firm CVC Capital and wood panel manufacturer Kronospan have submitted a joint expression of interest to acquire Canadian [...]

North American softwood lumber prices firm up slightly as field inventories stabilize

The North American forest products manufacturing industry has entered the usual seasonal slower time; although everyone understands that the past [...]

EU tropical wood product imports benefit from curtailment supplies from Russia and Belarus

In the first four months of this year, the value of EU imports of tropical wood and wood furniture totalled [...]

Estonia: Softwood lumber market prices down by 20%

    The market price of softwood lumber in Estonia has fallen by up to 20 percent, with [...]

Demand weakens in UK softwood market

    The solid UK softwood market is uncharacteristically quiet for this time of year, and buyers are [...]