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Wood-based panels

Impact of coronavirus pandemic on the Russian wood industry

In January-March 2020, Russian roundwood production remained at the previous year’s level, while in Northwest Russia it decreased [...]

Pandemic still negatively impacting Chinese plywood market

According to Chinese merchants, after experiencing heavy volume in April, the recent dynamics of the Chinese plywood market has been [...]

South Korean Dongwha to build large MDF and laminated flooring plant in Vietnam

Dongwha Enterprise, one of South Korea’s best wood materials manufacturer, began construction of its very first independent production facility [...]

Russian lumber, roundwood exports decline sharply in Q1/2020

In January-March 2020, Russian lumber suppliers reduced exports by 7.7%. The export volume amounted to 4.1 million [...]

UPM, Stora Enso and Metsä prepared to face the economic downturn caused by the coronavirus

Despite the coronavirus pandemic, the early part of the year was still reasonably good for large Finnish forestry companies.   [...]

N. American softwood lumber prices jumped once again last week

A lot of regular life activities remain unknown as various jurisdictions “open up” from the Covid19 isolation and quarantine. Regardless [...]

Arauco’s sales down by almost 20% in Q1/2020

Arauco, one of the largest global forest companies, reported sales revenues of USD 1,127.2 million during the first [...]

Forest is a clear candidate for an EU economic stimulus program

In light of the European Commission’s expected announcement of which business ecosystems will be targeted by the European Recovery [...]

China: Exports of plywood, wooden furniture down by more than 80% in Q1/2020

According to China Customs, in the first quarter of 2020, China’s plywood exports were 1.85 million cubic metres [...]

Belgian timber industry calls for measures to avoid economic collapse

In an open letter, Belgian importers, traders and processors of wood, via their trade association Fedustria, called for political leadership [...]