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Europe

Finland: Many challenges can arise in replacing Russian wood

After the end of Russian wood imports, the Finnish forest industry will be looking for substitute wood mainly from Finland [...]

Germany: Pellet prices higher by 80% yoy

The war-related effects on energy policy can also be felt on the pellet market, where there is still no [...]

Homann Holzwerkstoffe acquires stake in Egyptian wood-based panel producer

Homann Holzwerkstoffe GmbH acquired a qualified minority stake in wood-based panel producer Nile Wood SAE, based in Sadat, Egypt [...]

Current softwood log inventories at Chinese ports

Softwood log inventories at the China’s main ocean ports totaled 5.7 million m3 on April 30, 2022, a [...]

Japanese govt to offer financial aid to companies switching from imported to domestic lumber

Japan's Forestry Agency plans to offer financial aid to companies switching from foreign to domestic lumber, following the government [...]

Setra invests in TC kilns at two sawmills in Sweden

Setra invests in TC wood drying kilns for sawmills in Heby and Hasselfors, Sweden. The kiln in Heby will begin [...]

Record wood prices in France

The increase is reported in all species, with the highest increases in oak and douglas.    France [...]

German Ziegler Group buys two sawmills in Sweden

The German Ziegler Group has recently entered the Swedish market with the purchase of two sawmills in Sweden.   [...]

Log prices in Austria rising sharply in May

In May 2022, Austria's timber construction is still benefiting from a very good demand situation, although the development forecast [...]

Stora Enso completes exit from Russia

Finland's Stora Enso has divested the last of its Russian operations, three corrugated packaging plants, to local management, the [...]