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Companies in the timber industry

Is 2020 going to be as horrible as 2019 for B.C. sawmills?

For B.C. sawmills and loggers, 2019 was an annus horribilis that they can only hope is not repeated in [...]

$99 million wood pellet production plant to be build in Alabama

Construction of a $99 million wood pellet production plant is planned for Demopolis, Alabama, the second announced in the state [...]

Stora Enso divests sawmill in Germany

Stora Enso has signed an agreement to divest its sawn construction timber (KVH) mill at Pfarrkirchen in Germany, to the [...]

Sweden: Södra adjusts the prices for pulpwood due to oversupply

The supply of pulp in Sweden and in the rest of Europe is high, which has led to high inventories [...]

Major Austrian parquet manufacturers accused of importing illegal timber from Ukraine

Recently, WWF Austria accused four Austrian parquet manufacturers of importing illegally harvested timber from the Ukraine. The WWF relies on [...]

Biesse Group to refocus its strategy in China

The Biesse Board of Directors meeting - held on December 20th in the corporate offices in Pesaro - analyzed the Chinese demand [...]

Egger posts 3.4% growth in the first half of its financial year 2019/2020

The Egger Group, has completed the first half of its financial year 2019/2020 with a consolidated turnover of EUR [...]

Resolute Forest acquires Conifex Timber’s 3 U.S. sawmills

Resolute Forest Products Inc. announced it will acquire Conifex Timber Inc. 's three U.S. sawmills for $163 million, plus [...]

Brexit “awful for the UK plywood market”

“Brexit has been awful for the market, with uncertainty affecting demand, projects delayed and households deferring spending,” said a UK [...]

$1-billion takeover bid of forestry giant Canfor fails

Lumber giant Canfor has terminated an arrangement agreement between the company and Jim Pattison’s Great Pacific Capital Corporation.  [...]