Wintersteiger to acquire Serra
Wintersteiger AG has purchased Serra Maschinenbau GmbH in Rimsting am Chiemsee, Germany, with retroactive effect to January 1, 2019. Serra [...]
March 28, 2019
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Lack of demand determine SonaeArauco and Tarkett to close laminate JV in Germany
Tarkett and Sonae Arauco announced the intention to cease the operations of their joint venture LaminatePark GmbH & Co. KG [...]
March 28, 2019
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Metsä Wood starts test phase for its new Kerto LVL line
Metsä Wood has started test runs on the new 65,000 cubic meter Kerto LVL line at the Punkaharju mill [...]
March 28, 2019
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China: New OSB plant to start production in 2020
Work to build a new Chinese OSB factory for wood-based materials manufacturer Jiangsu Hui Dian [...]
March 28, 2019
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IKEA close to enter the Mexican market
IKEA is exploring locations in Mexico City, Guadalajara and Monterrey to open its first store in the country. [...]
March 28, 2019
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Conifex to sell Lignum Forest Products to Canwel
Conifex Timber Inc. has entered into a definitive purchase agreement with certain subsidiaries of Canwel Building Materials Group Ltd. for [...]
March 28, 2019
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Europe’s softwood lumber exports to China collapse; 1 million m3 less sent last year
The European softwood lumber exports to China fell by -32% during January-December 2018, as compared to the same period [...]
March 27, 2019
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Resolute plans several curtailments in Q2, citing log supply constraints
Resolute Forest Products Inc. plans curtailments in Q2 at several stud sawmills in Quebec and Ontario, citing log supply constraints [...]
March 27, 2019
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EIA accuses German company of importing illegal teak from Myanmar
The London-based Environmental Investigation Agency (EIA) submitted evidence to German and European enforcement authorities showing serious repeated violations of [...]
March 27, 2019
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Japan to import less Malaysian plywood due to rising prices
Japan expects its imported volume of plywood from Malaysia to further decline this year because of increasing prices. Malaysia, the [...]
March 27, 2019
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