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Archives: July 2022

European sawmills expect tough months ahead

On June 16, the European Sawmill Association EOS met in Skellefteå in northern Sweden for its summer general assembly. In [...]

New Zealand log export prices to China fall more than 20% in June

A weaker timber market in China, rising transport costs and exchange rate impacts have contributed to a drop of more [...]

Will the production of wood pellets be stopped in Russia due to sanctions?

Starting July 10, the Russian wood pellet exports to Europe will be completely stopped. From this date, EU sanctions will [...]

Bergs Timber to acquire Polish windows and doors manufacturer Pinus

Bergs Timber AB acquired 100% of the shares in Pinus, Polish windows and doors manufacturer. The sellers is the founders [...]

North American softwood lumber prices start to rise again

  North American softwood lumber prices surged more than 7% on Thursday as mortgage rates fell for the first time [...]

Because of sanctions against Russia, firewood is becoming a new energy source for European countries

The surge in gas and electricity prices has sparked interest in Europe for a long-forgotten fuel, common firewood. Excessive [...]

European buyers showing more interest in African timbers

Producers in the Central/West African region are reporting firm demand for padouk, okoume, ovangkol and even gheombi, a timber [...]

North American wood products makers downgraded on lower housing demand, falling lumber prices

Shares of Boise Cascade Co. (BCC) tumbled 10.9% toward and eight-month low, and of Louisiana-Pacific Corp. (LPX [...]

Moelven is investing in a pellet factory in Karlskoga

The pellet factory is planned to be put into operation in 2024 and will be built at Moelven Valåsen [...]

Rising costs cast doubt on Vietnamese wood companies growth prospects

As wood export turnover is rebounding with rising demand in the domestic market, the revenues of Vietnamese wood enterprises are [...]