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September 26, 2018

Finnish sawmill industry kept alive by Asian demand

Finnish sawmill industry kept alive by Asian demand

Last spring, Finlands sawmill industry said that pulp mills growing hunger for wood and the rising price of raw lumber had cut profit margins to almost nothing. It warned that some sawmills might have to shut down. That has not happened, though.

The situation has improved thanks to better prices for our products and growing markets for by-products, says Kai Merivuori, managing director of the Finnish Sawmills Association.

He says that exports to Asia and Europe are keeping Finnish sawmills alive.

When asked where the most room for growth is, Merivuori replies, China, China and China.

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