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Pulp & Paper

Estonia: Sawlog prices continue to rise at the beginning of the year

Roundwood prices in Estonia rose further in January 2019 from an already high level reported throughout 2018. Pine and spruce [...]

Recovery in EU wood imports continues in 2018

The total value of EU imports of wood products was 19.44 billion euro in 2018, 5.1% more than [...]

Stora Enso plans massive lay-offs in Finland due to lumber oversupply and high log prices

Stora Enso prepares for temporary lay-offs in its Wood Products division in Finland. The provisional lay-off plans concern [...]

UPM and IKEA sign contract to secure wood supply in Russia

On 25 February 2019, Hasslacherles, UPM Chudovo, IKEA Industry Novgorod and the Administration of the Novgorod region have signed a [...]

Canfor’s lumber shipments drop 14% in Q4 /18

Canfor Corporation generated strong financial results in 2018 with reported operating income of $608.6 million, the highest operating earnings [...]

Finland: Roundwood prices up 6% in 2018

For the Finnish wood industry, the year 2018 was characterized by a clear rise in the real stumpage prices of [...]

SCA inaugurates its new giant pulp mill in Sweden

Sweden's King Carl XVI Gustaf inaugurated SCA’s pulp mill Östrand in Timrå. The expansion of the mill is [...]

Lithuania: Sawlog prices more expensive at the beginning of the year

As compared to December 2018, all prices for roundwood in Lithuania have increased in Lithuania in the first month of [...]

Södra achieves record-high result in 2018

Södra’s consolidated net sales for full-year 2018 rose 18 percent to SEK 24,230 million (2018: 20 [...]

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 [...]