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Rougier to sell Rougier Sylvaco Panneaux to French Malvaux Group

The Rougier Group entered into exclusive negotiations with the Malvaux Group to sell 100% of the Rougier Sylvaco Panneaux’s [...]

The German parquet industry sees great opportunities in the Chinese market

During the first three quarters of 2018, the sales of German parquet fell by 5% year-on-year, reaching a [...]

Egger starts construction of its first US particleboard plant

Austrian wood-based panel manufacturer Egger has started construction on its first U.S. particleboard manufacturing plant here in Davidson [...]

IKEA accelerates transformation as to meet unprecedented scale change of retail trade

The Ingka Group (Ingka Holding BV and controlled entities) is speeding up its transformation plans. The company plans to invest [...]

Södra to close parquet flooring plant in Sweden

Södra is initiating a process to close down Berg & Berg in Kallinge, Sweden. Trade union negotiations will begin [...]

Germany: Prices for wood pellets on ascending trend in November

During November 2018, the prices for wood pellets in Germany have risen sharply. Thus, the price increased by 1.8 [...]

Canfor to remain committed to BC, despite recent European acquisition, CEO says

Canfor has reach an agreement to buy 70 per cent of Vida Group for about $580 million. The privately-held [...]

Stora Enso prepares for oversupply in the sawn timber market; layoffs in plan

Finnish-Swedish forest industry company Stora Enso is preparing for oversupply in the sawn timber market.     [...]

Norra Timber invests in new continuous kilns in Sweden

Norra Timber is currently modernising its kiln capacity with two new energy-efficient cross-circulation continuous kilns, also known as [...]

Estonia: Growth in roundwood prices consolidates in September

The sharp rise in roundwood prices in Estonia at the beginning of the year consolidated in August and September. Both [...]