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Companies in the timber industry

Russian Segezha Group to start construction of a new plywood plant soon

Russian Segezha Group plans to commence construction of its new birch plywood plant at the location in Galich (Kostroma Oblast [...]

Latvia’s IKTK builds new glulam plant

The Latvian timber building structures producer IKTK has invested about two million euro in large-sized glued laminated timber structures [...]

Moody’s changes Ilim Timber’s outlook to negative amid cyclical downturn in the global timber industry

Moody's Investors Service has changed Ilim Timber's outlook to negative from positive. At the same time, Moody's [...]

Holzindustrie Schweighofer becomes HS Timber Group

The Holzindustrie Schweighofer Group is getting a new name and look with a soft relaunch of its brand appearance: the [...]

SCA to double output at Bollsta sawmill in Bollstabruk, Sweden

Peab, in partnership with SCA, is going to build an extension the Bollsta sawmill in Bollstabruk, Kramfors Municipality, Sweden. The [...]

European sawn softwood market growth driven more by domestic consumption than exports

The European market showed steady growth in 2018, with consumption rising to 99.9 million m3; it is expected to [...]

59 Chinese wood and furniture business to relocate factories to Indonesia

59 Chinese investors engaged in the wood and furniture business will relocate factories to Indonesia. The investors plan to relocate [...]

Finland: Metsä Group, Stora Enso, and UPM plan 6-day lock-out at sawmills, plywood mills

Finnish Forest Industries Federation said on Wednesday it would hold a 6-day lock-out from Dec. 12, closing half [...]

Conifex’s lumber segment lenders approve asset divestment and restructuring plan

Conifex Timber Inc. announced that the agent for its lumber segment lenders approved in principle Conifex's proposed asset divestment [...]