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Kährs evaluates possible divestment of its operations in Russia

Kährs has, due to the prevailing market conditions, started a process to evaluate the possibilities and conditions for divesting [...]

Roundwood production in EU could decrease sharply due to biodiversity strategy

If less wood is harvested in European forests to protect biodiversity, this will lead to global shifts in wood production [...]

Hungary eases logging rules to prepare for energy shortages

Hungary waived environmental regulations protecting native forests from logging in order to prepare for next winter’s energy shortages  [...]

Rumours that Russian birch plywood enters the European market through China

Several birch plywood importers from the UK have reported an increase of offers from the far east in recent weeks [...]

Homag’s order intake exceeds EUR 1 billion in H1/2022

In the first six months of 2022 (6M-2022), the Homag Group’s order intake increased by 18 percent compared [...]

Finland reduced the export of timber products by 7%

in January-May 2022, wood imports in Finland amounted to 2.43 million m³. On an annualized basis, the figure [...]

Germans are stocking wood in the middle of the summer as gas supplies remain tight

The recent frequency of the German word Versorgungssicherheit (supply security) shows that Germans are worried about insufficient stocks. During the [...]

Drax increases stake in B.C. wood-pellet industry to 78%

The United-Kingdom-based power producer Drax Group Plc is increasing its hold on British Columbia’s wood-pellet industry [...]

Latvijas Finieris plans to invest €67 million in birch plywood capacity expansion

The management of "Latvijas Finiera" has made a decision to start an ambitious expansion project of RSEZ SIA "Verems", which [...]

Germany: Wood pellet prices more than double over a year ago

Germany's current demand for wood pellets is higher than ever. This applies to pellet heating systems as well as [...]