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Companies in the timber industry

Koskisen to build new wood processing plant in Järvelä, Finland

Koskisen will carry out an investment in Kärkölä worth Euro 48 million, with production scheduled to start up [...]

Wood pellet capacity continues to expand in N. America

Global wood pellet demand continues to soar, with tight market conditions likely to spur significant investments in new production facilities [...]

Western Forest Products completes acquisition of Calvert Company

Western Forest Products Inc. announced its wholly owned subsidiary, WFP Engineered Products LLC, has completed the acquisition of certain assets [...]

Canfor to curtail production at its sawmills in Sweden

Canfor Corporation announced that effective September 12, 2022, it intends to reduce operations at its Swedish facilities due to a [...]

French softwood sawmills report significant market slowdown

At the start of September, many sawmill owners in France are asking themselves questions about the evolution of the markets [...]

Metsä Tissue curtails production due to high energy prices

Metsä Tissue has had to curtail its production both in its Zilina mill, Slovakia, and Kreuzau mill in Germany for [...]

Russia: Sanctions dramatically bring down wood product manufacturing

In July, wood products manufacturing in Russia fell 20.4% y-o-y according to data published by the Russian [...]

The use of CLT expected to rise in U.S.

Developed in Germany and Austria roughly 30 years ago, cross-laminated timber (CLT) has been used in construction across Europe [...]

Ikea announces further investments in Chinese market

Ingka Group, the parent group of Swedish home furnishing giant Ikea, will invest 5.3 billion yuan (EUR 770 million [...]

Borg Manufacturing starts thin MDF board production at Oberon site in Australia

Borg Manufacturing produced its first board on the new MDF plant made by Siempelkamp. This milestone marks the start of [...]