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Companies in the timber industry

Bankruptcy proceedings for Austrian Klausner’s sawmill operations in US

Austrian company Klausner, which began operation in US back in 2015 has filed for insolvency.    Bankruptcy [...]

Major furniture companies in Italy warn it could take up to 20-30 years for their business to recover

The nine signatories of a new manifesto are pleading to reopen their factories this week    Though [...]

European parquet markets already severely hit by the coronavirus crisis

The European parquet markets had generally well started the year showing stable to slightly positive trends in January and February [...]

Canfor to curtail lumber production by an additional 100 mmbf

Canfor Corporation is undertaking additional temporary reductions in production capacity due to the impact of COVID-19 on the price [...]

Vietnamese wood processing companies to reduce or suspend operations

Vietnamese wood processing firms have reduced production or suspended operations as most of the major importing countries for their products [...]

Pandemic effects on the global trade of wood products likely to last until 2021

Pandemic effects will be delayed for forest products industries and recovery slower, particularly for landowners who will likely see very [...]

Large sawmills in Northern Europe cut production as UK demand has fallen rapidly

    Several key Nordic softwood sawmillers have implemented production cutbacks in response to reduced UK demand for [...]

European softwood lumber exporters divert shipments from China to Egypt

In the first two months of 2020, Chinese imports of softwood lumber was 7.9% down y-o-y to [...]