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Companies in the timber industry

Arauco to acquire only two Masisa plants in Mexico, instead of three

An USD 160 million acquisition agreement of two industrial plants in Mexico was established by Arauco to Masisa, following the [...]

Bergs Timber to boost capacity at Orrefors sawmill in Sweden

Bergs Timber installed a new edger at its mill in Orrefors, Sweden.    According to the announcement [...]

Swiss Krono to invest in a new OSB plant in Sharya, Russia

Swiss Krono Group, based in Lucerne, Switzerland, increased its consolidated gross revenue by more than 11% to reach CHF 2 [...]

IKEA to conduct an audit at Kronospan’s Polish mills

The IKEA Group will conduct at the Polish mills of the Austrian company Kronospan, which is a supplier of the [...]

IKEA plans entry in the Vietnamese market

Swedish furniture giant IKEA plans to invest an estimated $450 million to set up a retail system and warehouses in [...]

Chinese traders concerned on rising prices for US hardwoods

The trade friction between China and the United States has been on everyone’s mind in 2018, especially manufacturers which [...]

IKEA sells particleboard plant in France

IKEA Industry AB, part of the Inter Ikea Group, has accepted the takeover offer made at the end of September [...]

Egger reports sharp turnover rise

The Egger Group with headquarters in St. Johann in Tirol (Austria) closed with a consolidated turnover of EUR 1.43 [...]

Segezha starts production of wood pellets at its new plant in Russia

Segezha Group has started in December the production of wood pellets at the company’s Lesosibirsky LDK No. 1 factory [...]

Armstrong sold its Wood Flooring segment

Armstrong Flooring announced that it has completed the previously disclosed sale of its Wood Flooring segment to an affiliate of [...]