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Companies in the timber industry

Mondi Group to sell its Russian assets

The board of Mondi Group announced its decision to divest the group’s Russian assets. According to the group, as [...]

Strong lumber prices boost Canfor Q1 profits 25 percent

Canfor Corp. is reporting a 25 percent increase in net profits in its latest quarter on near record high North [...]

Interfor takes minority interest in GreenFirst Forest Products, continuing expansion in eastern Canada

B.C. lumber giant Interfor Corp laid the groundwork for additional expansion in Eastern Canada this week by buying a [...]

Homag reports record order intake in Q1/2022

In the first quarter of 2022, the Homag Group was able to further improve order intake, sales and earnings. The [...]

The Russian invasion, Covid and inflation overshadow the outlook of the Finnish sawmill industry

The uncertainty caused by the Ukraine war is also reflected in the demand for Finnish lumber. Uncertainty in the market [...]

HS Timber buys sawmill in Finland

  HS Timber Group, formerly known as Holzindustrie Schweighofer Group, has acquired 100% of the shares in the Finnish [...]

Global supply-chain congestion may be showing signs of easing

Port bottlenecks that have increased supply-chain congestion because of the war in Ukraine and lockdowns in China may be [...]

High demand and prices lead to record first quarter for Moelven

The international market situation for wood products and rising prices are contributing to a strong start for Moelven in 2022 [...]