Mercer completes acquisition of German HIT Torgau for EUR 270 million
Mercer International Inc. has completed its previously-announced acquisition of all of the shares of the parent company of Holzindustrie [...]
October 4, 2022
Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Sawmilling / Wood Products / Europe / Global / North America
Mercer to acquire German HIT Torgau for EUR 270 million
HIT Torgau owns and operates an integrated timber processing facility with wood pallet, lumber, biofuel and energy production. [...]
July 25, 2022
Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Sawmilling / Statistics / Wood Products / Europe / Global
EPAL pallet production reaches record levels in 2021
The European Pallet Association e.V. (EPAL) maintained the continuous growth of the EPAL Euro pallet pool in 2021. The [...]
May 10, 2022
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War in Ukraine to cause softwood supply pressure
Last year, Ukraine exported more than 2.7 million m3 of sawn softwood timber, a significant amount of this for [...]
March 8, 2022
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EPAL pallet production rises despite Covid-19 pandemic
The European Pallet Association e.V. (EPAL) has again recorded an increase in the production of EPAL pallets in 2020 [...]
April 20, 2021
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Scarcity of wood raw materials in Germany
If the scarcity of raw materials on the German wood market continues, pallet producers and other wood packaging manufacturers will [...]
March 23, 2021
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Pandemic continues to affect wood prices in Europe
Tighter supplies of wood in global markets have increased wood prices in the last period and will continue to rise [...]
March 4, 2021
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Germany: Rising lumber prices puts wood industry companies under pressure
The ongoing price spiral on the German lumber market is putting more and more companies in [...]
February 24, 2021
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Tighter supplies of wood in global markets expected to increase prices in the upcoming period
The easing of lockdown conditions in many countries are causing significant upward pressure. These include a mismatch between [...]
October 26, 2020
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EPAL pallets production rises to 96.2 million in 2019
EPAL’s total production and repair volume continued to increase in 2019 and reached 123 million EPAL load carriers. [...]
March 16, 2020
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