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Global Trends

UPM might close Chapelle mill in France

In September 2019, UPM announced plans to sell its Chapelle newsprint mill in Grand-Couronne, France.      [...]

Mayr-Melnhof to invest EUR 130 million in a cross-laminated timber plant

Austrian company Mayr-Melnhof will invest € 130 million on new cross-laminated timber production plant at the company's site [...]

Finland’s forestry industry paralyzed by strikes

Some 9,000 workers at Finnish paper mills will start a three-week strike this Monday after wage talks broke [...]

Vietnam becomes Japan’s main pellet supplier

The earthquake, tsunami and resulting damage to the Fukushima nuclear power plant, triggered by the Great East Japan Earthquake on [...]

Sawmill closures in New Zealand as overseas market subsidies inflate log prices

Sawmills in New Zealand find it hard to be profitable when overseas competitors can benefit from subsidies, the main timber [...]

Russia: Softwood logs exports collapse in 2019

Russian softwood logs exports dropped by 27% in the third quarter of last year; with exports of spruce roundwood falling [...]

BC’s forest products sector, amid mill shuts, job losses, in worse crisis than during 2008 global meltdown

The crisis facing British Columbia's forest industry is intensifying as markets decline, mills shut and a strike involving 3 [...]

Finland: Highly probable strikes at sawmills and plywood factories could cause damages of EUR 1 billion

If the strikes threatening the forest industry were to happen, the damage could amount to nearly 1 billion euros.   [...]

Uncertain market conditions continue to affect Setra’s earnings

Swedish wood products company Setra has reported an operating profit of SEK 95 (287) million for the period January–September [...]

Gelo Holzwerk invests in a new sawmill in Germany

Gelo Holzwerk announced EUR 38.5 million greenfield investment in a completely new sawmill location at the Wunsiedel energy park [...]