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Companies in the timber industry

Bergs Timber agrees to acquire Norvik’s timber operations in Baltics and UK

Bergs Timber signed an agreement with Bergs Timber’s main owner, Norvik, Norway, acquiring a number of companies within the [...]

EU Commission decides to investigate IKEA’s Dutch tax rulings

The European Commission published on the 27th of March the nonconfidential version of its decision to open a formal investigation [...]

Siempelkamp will supply new particleboard plant for VMG in Lithuania

Kalipedos Madiena (VMG) orders the complete plant with Siempelkamp in Krefeld, Germany. The new plant, which will be located in [...]

Forte expands particleboard production in Poland

One of the largest European furniture manufacturers Fabryki Mebli “Forte” S.A. is ramping-up production at its new particleboard [...]

Stora Enso to re-open planing line at Varkaus mill

Stora Enso Wood Products division will in April re-open the classic planed line in Varkaus sawmill, Finland.   [...]

UPM to sell its Myllykoski mill site

UPM sells its Myllykoski mill site and premises, located in Kouvola, Finland, to Redeve Oy. The buyer is specialised in [...]

Top 10 North American lumber producers in 2017

With few mill acquisitions, almost all of the production gains arose from improvements at existing mills. Of the top 40 [...]

BC wood invests CAD 7.8 million to promote Canadian wood overseas

Forestry Innovation Investment informed that the Government of British Columbia Province of Canada is investing CAD 7.8 million to [...]

Africa: Congestion at Douala Port frustrates timber shippers

Exporters continue to be frustrated over the congestion at Douala Port. Reports suggest up to 60,000 cu.m of [...]

Daiken cleared to buy MDF plant in New Zealand

The Commerce Commission in New Zealand has granted clearance for Daiken New Zealand to acquire 100% of the shares in [...]