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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 [...]

LIGNA 2019: Future showcase for the woodworking and timber processing industries

This May, over 1,500 companies will be gathering in Hannover, Germany, to showcase the future of the woodworking and [...]

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 [...]

Finnish Pölkky Oy to invest EUR 30 million in its wood production facilities

Finnish Pölkky Oy has announced a major investment program, targeting its production facilities in northern Finland. The investment program [...]

Vietnam aims to reach US$11 billion in wood products exports this year

Vietnam aims to push wood export value beyond US$11 billion this year and to develop a production chain and [...]

Slower pace in US softwood lumber prices

Softwood lumber trading geared down from a faster pace earlier in the month, with traders citing inclement weather as the [...]

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 [...]

China plans to boost its forestry industry output by 50% until 2025

China's top forestry authority has made plans to boost the forestry industry and set development goals. The industry pledges [...]

Rougier/ Malvaux deal not expected to disrupt the plywood market

The acquisition of the €30 million turnover timber and plywood business Rougier Sylvaco Panneaux by plywood and decorative panels leader [...]

Belgian Decospan to double its veneer production capacity

The Belgian manufacturer of veneered panels Decospan plans to double its production capacity at the Menen site.     [...]