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Global Trends

US lumber market: Sawmills struggle to supply

The price of lumber in the Chicago futures market is at an all-time high. The demand for lumber is [...]

Weak MDF market in China

According to Chinese market insiders, the weakness of the downstream furniture market in China this year has led to a [...]

Canada to keep fighting U.S. on softwood lumber, says Trudeau

Canadian Prime Minister Justin Trudeau vowed last week to keep up the fight against the never-ending effort in the [...]

Vietnam’s forestry products exports up 10.3% in Jan.-Aug. 2020

Vietnam earned 7.83 billion USD from exporting forestry products in the first eight months of 2020, up 10.3 [...]

ULK Group’s new mega sawmill in Russia equipped with Nordic technology

Russia’s ULK Group is investing about Euro 400 million in one of the country’s biggest sawmill investments.   [...]

Ireland: Timber supply for 2020 and 2021 is “under severe threat”

Coillte has warned the Government that it could run out of timber to sell off before the end of the [...]

Stora Enso to invest in a new CLT production line in Czech Republic

Stora Enso has decided to invest approximately EUR 79 million in a new production line for cross laminated timber (CLT [...]

Engie closes large wood pellet-fired power plant in Belgium

French utility Engie permanently closed its 80MW wood pellet-fired Les Awirs power plant in Belgium on 31 August.  [...]

UPM to build a wood processing plant in Germany

Construction of a timber processing plant in Leuna, Germany, will start before the end of the third quarter of 2020 [...]

Sweden: Fears of a second wave of bark beetles after dry August

The Swedish Forest Agency and the forestry have been monitoring the swarms of spruce bark beetles, and their observations show [...]