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Renovation driving the recovery of the European wood flooring market

The south of Europe which had experienced the toughest restriction measures during spring had been harshly hit but its parquet [...]

Vietnamese wood product exporters told to take actions to optimise US market

Vietnam has enjoyed a surge in timber and wood product exports to the US this year, but businesses need to [...]

Outlook of the Canadian softwood lumber market in 2020/2021

The main driver for Canadian softwood lumber production is not domestic consumption, but rather exports— and exports to the US [...]

Timber export ban will encourage Chinese investors to open processing plants in Russia

Russia's ban on the supply of unprocessed timber abroad will encourage Chinese businessmen to open timber processing plants in [...]

IKEA loses 1.5 billion euros due to corona crisis despite surge in online sales

     IKEA announced retail sales of 35.2 billion euros in the financial year to September. That [...]

European construction markets on the road to recovery

The European construction sector was severely affected by the pandemic in April but recovered strongly in most countries in the [...]

ISC 2020: The Covid-19 pandemic impact on the softwood market

On 8 October 2020 the 68th edition of the International Softwood Conference was held for the first time ever online [...]

Swedish sawmills defy corona crisis helped by rising global lumber demand and higher prices

Current situation of the Swedish forest industry     Swedish demand for sawn wood products has decreased by [...]

Homag to create a new business segment; acquires Danish company System TM A/S

The Homag  Group intensifies its activities in the new market segment Construction Elements Solutions by acquiring 80% of the shares [...]

Finland: Timber market slowdown caused reduced timber prices

   Slowdown in the timber market reduced timber prices in Finland   Ongoing quiet year will turn into [...]