The Ukraine war is causing shortage in Europe’s pallet supply
The Russian invasion of Ukraine has proven disastrous for the thousands of Ukrainians who have lost their lives and the [...]
April 26, 2022
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Setra’s Q1 earnings boosted by higher prices and strong market
Swedish wood products company Setra has reported an operating profit of SEK 480 million or EUR 46 million (Q1/2021 [...]
April 26, 2022
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Lost Russian supply forcing Estonian companies to buy expensive wood from Nordics
Replacing timber previously imported from Russia, Belarus and Ukraine cannot happen overnight, while the material is more expensive in Europe [...]
April 25, 2022
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Canfor to invest $130 million in Arkansas sawmill
Canfor Corp. announced plans to invest $130 million to modernize its sawmill and planer facility in Urbana, Arkansas. [...]
April 25, 2022
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Stora Enso to sell its sawmills and forest operations in Russia
Stora Enso has entered into an agreement to divest its two sawmills in Russia. The company’s Nebolchi and Impilahti [...]
April 25, 2022
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Swedish wood industry expects large rise in exports to China and the USA in the next 3 years
When the Swedish wood industry looks to the next three years, a large increase in exports is forecast. China and [...]
April 20, 2022
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Segezha’s oligarch on the list of British sanctions
The Russian timber giant Segezha Group is unaffected by the British sanctions against Vladimir Evtushenkov that came into effect on [...]
April 20, 2022
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European wood flooring market: Geopolitical turmoil impacts supply conditions in Q1/2022
The European wood flooring markets show diverse evolutions for the first quarter 2022 compared to the same period last year [...]
April 19, 2022
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Encouraging revival in Italian hardwood market
One of the more encouraging, not to say surprising, hardwood market trends in 2021 was a strong revival in demand [...]
April 19, 2022
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Weyerhaeuser to acquire Carolina Timberlands for US$ 265 million
Weyerhaeuser Co. has agreed to purchase 80,800 acres of high-quality timberlands from a fund managed by Campbell Global [...]
April 18, 2022
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