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Archives: August 2022

The use of CLT expected to rise in U.S.

Developed in Germany and Austria roughly 30 years ago, cross-laminated timber (CLT) has been used in construction across Europe [...]

Finnish timber trade falls by 30%

Between January and July 2022, the volume of timber trade in Finland fell by 30% compared to a year ago [...]

Ikea announces further investments in Chinese market

Ingka Group, the parent group of Swedish home furnishing giant Ikea, will invest 5.3 billion yuan (EUR 770 million [...]

France: Lumber prices for Q2/2022

As the below table shows, Q2/2022 prices for various lumber products in France have shown a considerable rise both [...]

UK plans to suspend fuel quality requirements for wood pellets

The government has proposed to “temporarily suspend” the fuel quality requirement for Renewable Heat Incentive (RHI) participants using wood pellets [...]

Wood pellet prices in Estonia triple yoy

The price of wood pellets used for heating has tripled on year, and representatives of some companies foresee the risk [...]

Borg Manufacturing starts thin MDF board production at Oberon site in Australia

Borg Manufacturing produced its first board on the new MDF plant made by Siempelkamp. This milestone marks the start of [...]

Russian plywood industry in crisis

The Russian plywood industry, hit hardest by EU sanctions, continued to decline. Russia's domestic plywood market has seen excess [...]

North American lumber prices recover somewhat, after steep drop

During these months of deep summer when construction activity is still going on but lumber sales slow because most retailers [...]

Finland: Roundwood prices go up in July

Roundwood prices in Finland continued to rise in July and real prices ended up close to the peak level of [...]