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Companies in the timber industry

ULK Group’s new mega sawmill in Russia equipped with Nordic technology

Russia’s ULK Group is investing about Euro 400 million in one of the country’s biggest sawmill investments.   [...]

Ireland: Timber supply for 2020 and 2021 is “under severe threat”

Coillte has warned the Government that it could run out of timber to sell off before the end of the [...]

Stora Enso to invest in a new CLT production line in Czech Republic

Stora Enso has decided to invest approximately EUR 79 million in a new production line for cross laminated timber (CLT [...]

Engie closes large wood pellet-fired power plant in Belgium

French utility Engie permanently closed its 80MW wood pellet-fired Les Awirs power plant in Belgium on 31 August.  [...]

UPM to build a wood processing plant in Germany

Construction of a timber processing plant in Leuna, Germany, will start before the end of the third quarter of 2020 [...]

Changes to US softwood lumber tariffs could revive many Canadian mills

Changes to softwood tariffs between the United States and Canada could help alleviate the Canada’s lumber shortage.   [...]

Binderholz grows business in the US market

The US market, including the Central Florida region, has been witnessing rising demand for lumber in recent years, driving an [...]

Global forestry machine market to witness declining sales due to Covid-19; long-term outlook positive

The global forestry machinery market will witness declining sales in the near term amid the COVID-19 outbreak, but the [...]

Canfor expands to Europe: subsidiary completes sawmill acquisitions

Canfor's Swedish subsidiary, Vida Group, has completed a purchase of three sawmills in the Scandanavian country.    [...]

Closure of paper mill shifts focus on condition of Finland’s forestry sector

The operating conditions of the forest industry in Finland came into focus on Thursday as Finnish forestry giant UPM elaborated [...]