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Companies in the timber industry

Latvijas Finieris plans to invest €67 million in birch plywood capacity expansion

The management of "Latvijas Finiera" has made a decision to start an ambitious expansion project of RSEZ SIA "Verems", which [...]

U.S. cuts softwood tariffs in half for Canadian lumber as trade dispute continues

The US Commerce Department is cutting tariffs against most Canadian softwood lumber producers by half, but the long-running trade [...]

BSW Group to close a sawmill

Citing a downturn in demand across the global timber industry, the war in Ukraine, and increasing energy costs, the BSW [...]

Finland warns energy crisis could curb forest, chemical industry, close factories

Finland's forestry and chemical industry companies are currently doing everything they can to find alternatives to natural gas before [...]

Egger reports record production levels; outlook challenging

Despite the challenging conditions Egger Group recorded a strong increase in sales turnover in 2021/2022 financial year.   [...]

Siempelkamp to supply new particleboard plant for Kastamonu Entegre

Kastamonu Entegre placed an order with Siempelkamp for a new particleboard plant for its location in Kastamonu City, Turkey.  [...]

Canfor to invest US$210 million to build a new sawmill in southern Alabama

Canfor Corporation will invest approximately US$210 million to build a new, state-of-the-art sawmill complex in southern [...]

Mercer to acquire German HIT Torgau for EUR 270 million

HIT Torgau owns and operates an integrated timber processing facility with wood pallet, lumber, biofuel and energy production.   [...]

Europe’s Nordic forestry giants deliver great results despite tough environment

Forestry giants in Northern Europe, Stora Enso, UPM and SCA, have benefited from the rising prices on their financial results [...]