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Companies in the timber industry

Stora Enso to strengthen its presence in France

    Stora Enso has invested in ACDF Industrie SAS, becoming a 35% shareholder of the French wood [...]

Arauco to suspend operations at seven production units

Arauco, one of the world's largest forestry companies, announced its decision to halt operations at seven production units.  [...]

Russian factories continue to produce IKEA’s furniture under their own brands

Once IKEA left Russia, the local furniture factories continued to produce IKEA’s furniture under their own brands.   [...]

Japan’s lumber industry under pressure due to ban on Russian wood

The global lumber industry has been through a tumultuous period over the past year or so due to wood shortages [...]

Willwood AB becomes Europe’s largest softwood flooring manufacturer

Swedish Willwood AB, owned by the Hermansson family, has acquired flooring manufacturer Stigma Hyvleri.    This is [...]

Mondi Group to sell its Russian assets

The board of Mondi Group announced its decision to divest the group’s Russian assets. According to the group, as [...]

Strong lumber prices boost Canfor Q1 profits 25 percent

Canfor Corp. is reporting a 25 percent increase in net profits in its latest quarter on near record high North [...]

Interfor takes minority interest in GreenFirst Forest Products, continuing expansion in eastern Canada

B.C. lumber giant Interfor Corp laid the groundwork for additional expansion in Eastern Canada this week by buying a [...]