South Korea’s Dongwha expands to Thailand’s MDF market
Dongwha Enterprise, Korea's top wood materials manufacturer has extended its reach by acquiring a manufacturing unit in Thailand. [...]
August 31, 2018
Companies in the timber industry / Daily News / Wood Products / Wood-based panels / Asia & Middle East / Global
Turkey to impose additional tariffs on imports of wood products from US
With its publication in the Official Journal on 15 August, Turkey imposed additional duties on US imports. [...]
August 30, 2018
Companies in the timber industry / Daily News / Market Analysis / Forestry / Furniture / Lumber / Sawmilling / Wood Products / Wood-based panels / Europe / Global / North America
Weyerhaeuser’s CEO to step down in 2019
Weyerhaeuser announced that its current CEO Doyle R. Simons has elected to retire, and its board of directors has appointed [...]
August 30, 2018
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Metsä Wood to start production at new plywood mill in Estonia
Metsä Wood officially started up its birch plywood mill in Pärnu, Estonia. Currently there are around 65 blue-collars [...]
August 30, 2018
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European African timber operations transferred to Asian companies
A major structural change is underway in the African timber industry as operations are reoriented away from the European market [...]
August 23, 2018
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China: Wood-based panels manufacturers to cease production due to new ‘green’ protection policy
According to the Chinese government’s environmental policy called the “Three-Year Plan on Defending the Blue Sky” industrial enterprises [...]
August 23, 2018
Companies in the timber industry / Daily News / Global Trends / Wood Products / Wood-based panels / Europe / Global
Drax completed fourth biomass unit conversion
Drax has switched on its fourth biomass generating unit—taking the power station in North Yorkshire a step closer to [...]
August 21, 2018
Companies in the timber industry / Daily News / Global Trends / Wood pellets / Wood Products / Europe / Global
Japanese Sumitomo expands in US
Sumitomo Forestry has acquired a 60% equity interest in the United States Mark III Properties. The [...]
August 21, 2018
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Revenue growth of Russia’s largest sawmills up sharply in 2017
In 2017, the total revenue of the 10 biggest forest products companies in Russia amounted 339 [...]
August 21, 2018
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Wood Products / Global / Russia
Record profits for many lumber companies in North America and Europe in 2018
Sawlog costs, the largest cost component when manufacturing lumber, have gone up much more slowly than lumber prices in many [...]
August 20, 2018
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Wood Products / Europe / Global / North America