Trends in the global forest industry in Q3/2021
Softwood sawlog prices have gone up in worldwide in the past year. By far, the most significant increases have occurred [...]
September 22, 2021
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Drax starts construction on second satellite wood pellet plant
Drax Group has started construction on the second of three satellite wood pellet plants in Arkansas. [...]
September 20, 2021
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Shipping bottlenecks set to prolong supply chain turmoil
Tenfold jump in costs since start of pandemic squeezes importers and exporters The closure of a [...]
September 9, 2021
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US Investment fund to acquire majority stake in Europe’s largest wood pellet producer
Apollo Global Management, Inc. announced that funds managed by its affiliates have agreed to acquire a majority stake in AS [...]
August 23, 2021
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Container freight rates expected to hit new highs
Freight rates are rising in various ways, and shipping companies’ fees are becoming diverse. Various surcharges [...]
July 27, 2021
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EU Commission presents its Fit for 55 climate package, European forest industry reacts
The European Commission presented the Fit for 55 plan on Wednesday, July 14. 13 legislative proposals are intended to help [...]
July 15, 2021
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Brussels aims to tighten rules on burning wood pellets, leaked document reveals
Brussels wants to tighten rules to prevent some forms of wood-burning energy from counting towards the EU’s green [...]
June 18, 2021
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Drax to build three new pellet plants in Arkansas
Drax Group will begin constructing the first of three new ‘satellite’ pellet plants in Arkansas. The [...]
May 10, 2021
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Russia: Sveza plans large investment in a new sawmill and pellet plant
Russian Sveza plans to invest 8.6 billion rubles (EUR 93.4 million) in the construction of a new sawmill [...]
April 22, 2021
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Drax completes acquisition of Pinnacle Renewable Energy
British energy company Drax, which owns the world’s largest biomass power station, located in the United Kingdom and wood [...]
April 15, 2021
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