The Russian invasion, Covid and inflation overshadow the outlook of the Finnish sawmill industry
The uncertainty caused by the Ukraine war is also reflected in the demand for Finnish lumber. Uncertainty in the market [...]
May 3, 2022
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
HS Timber buys sawmill in Finland
HS Timber Group, formerly known as Holzindustrie Schweighofer Group, has acquired 100% of the shares in the Finnish [...]
May 3, 2022
Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Sawmilling / Wood Products / Europe / Global
Global supply-chain congestion may be showing signs of easing
Port bottlenecks that have increased supply-chain congestion because of the war in Ukraine and lockdowns in China may be [...]
May 3, 2022
Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Sawmilling / Wood flooring / Wood Products / Wood-based panels / Australia and Pacific Region / China / Europe / Global / North America / Russia / South America
High demand and prices lead to record first quarter for Moelven
The international market situation for wood products and rising prices are contributing to a strong start for Moelven in 2022 [...]
May 3, 2022
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Statistics / Wood construction / Wood Products / Europe / Global
Bauwerk Group acquires Somerset Hardwood Flooring
Swizerland-based Bauwerk Group AG has announced the acquisition of Somerset Hardwood Flooring, a vertically integrated forest products company based [...]
May 3, 2022
Companies in the timber industry / Daily News / Global Trends / Wood flooring / Wood Products / Wood-based panels / Europe / Global / North America
Russian timber companies ask for state support due to sanctions
Russian business associations "Opora Rossii" and "Business Russia" sent a set of proposals to Deputy Prime Minister Victoria Abramchenko on [...]
May 3, 2022
Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Sawmilling / Wood construction / Wood Products
Metsä Group reports profit jump Q1/2022
Metsä Group's net sales for the first quarter increased by almost EUR 200 million to 1.59 billion. The [...]
May 2, 2022
Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Sawmilling / Wood Products / Europe / Global
Stora Enso’s Wood Products division posts record Q1/2022
During the first quarter, Stora Enso's Wood Products division reported record results in sales and operational EBIT. [...]
April 28, 2022
Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Price analysis and info / Pulp & Paper / Sawmilling / Statistics / Wood Products / Europe / Global
Shanghai blockade could make Europe face ‘logistics nightmare’
Although there are signs that Shanghai port congestion is easing, European business could face a "logistics nightmare". [...]
April 27, 2022
Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Sawmilling / Wood flooring / Wood Products / Wood-based panels / China / Europe / Global / North America
Ponsse removes Russian orders for Euro 109 million from order book
The crisis in Ukraine has a significant impact on Ponsse’s operations and finances, company said in its 1Q 2022 [...]
April 27, 2022
Companies in the timber industry / Daily News / Global Trends / Forestry / Wood Products / Woodworking machinery / Europe / Global / Russia