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Companies in the timber industry

Main Russian wood pellet suppliers and foreign buyers in H1/2019

Exports of wood pellets from Russia are growing at the highest rate in recent years. In H1/2019, exports grew [...]

Vietnamese company to supply 300,000 t/yr of wood pellets to Japan

Eastwood Energy Joint Stock Company signed a long-term contract with CellMark, a global supply chain service company, to sell [...]

Stora Enso plans to cut jobs; to close one sawmill in Finland

70 people are involved in the negotiations. 15 jobs are expected to be cut.  Efora, that specialises in [...]

Italian woodworking machinery industry sees sharp fall in orders

In the second quarter of 2019 the orders of wood and furniture machinery and equipment in Italy have decreased by [...]

Billionaire Jim Pattinson makes offer to take over Canfor private for almost US$ 1 billion

Jim Pattison's Great Pacific Capital Corp. has made an offer to buy the rest of Canfor Corp. it does [...]

US antidumping rates to rise significantly for Chinese wood flooring imports

The antidumping rates for Chinese engineered wood flooring imports have increased significantly for nearly all Chinese producers, who were previously [...]

Norbord’s Q2/2019 results negatively impacted by lower OSB prices

Norbord Inc., the world’s largest producer of oriented strand board (OSB), reported Adjusted EBITDA of USD 36 million in [...]

Metsa Group attributes poor Q2 result to low price in Asia

The profit of the major Finnish forest industry company Metsa Group worsened remarkably in April-July, as prices in China [...]

Mexican Proteak reports record MDF production

The MDF producer Pro MDF, which belongs to the Mexican Proteak Uno, produced a total of 57,400 m³ of [...]

New Zealand’s Spectrum Group plans to build sawmill on former Waverley Sawmills site

While Waverley Sawmills is closed for business its new owner has been working towards a modern state-of-the-art [...]