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Century Ply acquires majority stake in Huesoulin Wood Processing Factory

Century Plyboards’ subsidiary, Century Ply (Singapore) Pte, has acquired a majority (51%) stake in Laos-based Huesoulin Wood Processing Factory [...]

Ikea plans to enter housing market in Europe

Ikea plans to enter the housing market in Europe by building around 10,000 units a year of hybrid multi [...]

China and rising European construction sector- key factors for growing Finnish softwood lumber exports

Production figures for the Finnish forest sector will clearly be impacted by new investments in both 2017 and 2018.   [...]

Finnish roundwood prices mostly up in September

Roundwood prices in Finland have mostly increased during September 2017, as compared to the same period in 2016.    [...]

Stora Enso divests Puumerkki wholesaler of wooden building materials

Stora Enso has divested 100% of its shares in the Finnish Puumerkki Oy and the Estonian Puumerkki AS to Mimir [...]

Russian companies announce massive investments in CLT capacities

The capacity of the CLT panels market in Russia is estimated at 130,000-150,000 m2 each year. In [...]

China: Guangdong province the first largest furniture output

According to a 2017 report ‘China’s Wood Furniture Output’ published by the China Business and Industry Academy, in the [...]

Norbord reports 27.6% increase in sales for 3Q/2017

Norbord Inc., one of the main OSB producers in the world, reported sales revenues of USD 578 million in the [...]

Roundwood prices in Sweden on a negative trend

During the third quarter of 2017, roundwood prices in Sweden have mostly decreased among the logs assortments, while pulpwood types [...]

Overview of China’s timber trade in the first half of the year

China's total volume of imported roundwood rose 7.9 per cent, to 25.8 Mn cbm, worth US$4 [...]