EU-Vietnam trade agreement enters into force; wood industry to benefit
EU exports to Vietnam are taxed less as of 1 August. This is the immediate effect of the entry into [...]
August 4, 2020
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Statistics / Wood flooring / Wood Products / Wood-based panels / Asia & Middle East / Europe / Global
EGGER’s turnover increased by 3.4 percent, with almost EUR 300 million invested
The EGGER Group, with headquarters in St. Johann in Tirol, Austria, has completed the first half of its [...]
July 31, 2020
Companies in the timber industry / Daily News / Global Trends / Wood Products / Wood-based panels / Europe / Global
N. American softwood lumber prices partially moderate as plywood go down
Once again the movement of plywood prices, slightly down, let’s us know what will likely happen with North American [...]
July 30, 2020
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Exports of Latvian timber industry are expected to fall this year; US market an opportunity
The volume of exports of companies in the Latvian wood industry sector could decrease in general this year [...]
July 28, 2020
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Wood Products / Wood-based panels / Europe / Global / North America
Chinese wood processing companies severely impacted by slow demand abroad
78% of China's wood processing companies currently are affected by the Covid-19 pandemic, while the resumption [...]
July 28, 2020
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Furniture / Lumber / Sawmilling / Wood flooring / Wood Products / Wood-based panels / China / Global
China is now the leading market for Brazilian particleboard
In the first semester of 2020 (6M-2020) China became the main export market for the Brazilian particleboard / MDP (PB [...]
July 28, 2020
Daily News / Global Trends / Market Analysis / Wood Products / Wood-based panels / China / Global / South America
Unprecedented lack of lumber in North America
The downfall in lumber production in North America caused by the Covid-19 pandemic, doubled by still a [...]
July 28, 2020
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Forecast: Russian timber industry could contract by 30%
The Russian construction industry may contract by almost 50% in 2021 and its revival will take at least two years [...]
July 27, 2020
Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Statistics / Wood Products / Wood-based panels / Global / Russia
UPM quarterly profit falls sharply in Q2/2020
Finnish forestry giant UPM reported on Thursday a smaller-than-expected fall in quarterly profits, saying lockdowns hit paper demand [...]
July 27, 2020
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UPM to reduce plywood production by the end of the month
UPM Jyväskylä plywood mill to be permanently closed on 31.07.2020, UPM announced. The jobs cut will be [...]
July 23, 2020
Companies in the timber industry / Daily News / Global Trends / Wood Products / Wood-based panels / Europe / Global