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Companies in the timber industry

Stora Enso to implement a EUR 120 million cost-cutting programme as market uncertainty rises

Stora Enso is implementing a cost-cutting programme of Euro 120 million targeting reductions in variable and fixed costs, as [...]

Canadian lumber giants face huge forestry sector crisis

Last week, Canfor Corp. announced that it temporarily curtailed operations at three of its sawmills in British Columbia, because of [...]

China: Yekalon starts production at its 300,000 m3/yr MDF/HDF plant

Yekalon has produced the first board at its a new MDF/HDF production line in China. According to the announcement [...]

Interfor boosts lumber shipments to China due to Chinese tariffs on US products

Interfor Corp. says the company has markedly increased lumber shipments from Canada to China as a result of tariffs imposed [...]

Swiss Krono to expand in USA with a new MDF and laminate flooring lines

Swiss Krono Group, one of the world’s leading manufacturers of wood-based materials, continues to invest in rural its [...]

German Steico to start production of prefabricated components for the Polish market

In the course of the year 2019, the German building products and components manufacturer Steico SE wants to start in [...]

Södra to invest in a new wood pellet plant in Sweden

Södra has invested in a new pellet factory at its sawmill in Långasjö, Sweden. The investment totals SEK [...]

Pfeifer Group to start producing CLT this year

The Pfeifer Group is currently investing a good 25 million euros in the conversion and expansion of its traditional location [...]

Canfor curtails production at three other mills in BC

Canadian lumber giant Canfor has again curtailed production at three of its British Columbia mills.    Citing [...]

SCA to acquire 10 000 hectares of forest land in Latvia

SCA and Latvian Forest Company have signed a letter of intent for SCA to acquire 10 000 hectares of forest [...]