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Companies in the timber industry

Stora Enso to sell its sawmills and forest operations in Russia

Stora Enso has entered into an agreement to divest its two sawmills in Russia. The company’s Nebolchi and Impilahti [...]

Swedish wood industry expects large rise in exports to China and the USA in the next 3 years

When the Swedish wood industry looks to the next three years, a large increase in exports is forecast. China and [...]

Segezha’s oligarch on the list of British sanctions

The Russian timber giant Segezha Group is unaffected by the British sanctions against Vladimir Evtushenkov that came into effect on [...]

European wood flooring market: Geopolitical turmoil impacts supply conditions in Q1/2022

The European wood flooring markets show diverse evolutions for the first quarter 2022 compared to the same period last year [...]

Encouraging revival in Italian hardwood market

One of the more encouraging, not to say surprising, hardwood market trends in 2021 was a strong revival in demand [...]

Weyerhaeuser to acquire Carolina Timberlands for US$ 265 million

Weyerhaeuser Co. has agreed to purchase 80,800 acres of high-quality timberlands from a fund managed by Campbell Global [...]

Sinclar Group Forest Products to reduce production at three sawmills due to supply bottlenecks

Sinclar Group Forest Products Ltd. will temporarily reduce manufacturing output at its sawmill operations in Vanderhoof, Fort St. James and [...]

European sawmill associations are demanding greater use of wood resources

The German Sawmill and Timber Industry Association, the Association of the Austrian Timber Industry and the Swiss Timber Industry call [...]

Interfor to sell specialty sawmill to San Group

Interfor Corporation announced that it has reached an agreement to sell its Acorn specialty sawmill located near Vancouver, British Columbia [...]

The race to replace Russia will increase the demand for Finnish softwood lumber

The next few years will see a major change in the Finnish forest industry, as Russia and Belarus are out [...]