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Wood Products

UPM to cut up to 170 jobs in Europe

As a result of the weakening world economic outlook as well as the COVID-19 related restrictive measures and their [...]

Russian plywood squeezing out Indonesian suppliers

Indonesian plywood supply is also reported to be almost back to normal, albeit with freight rates increasing costs. One importer [...]

Coronavirus crisis has diverse consequences for the German sawmill industry

Half a year after the first survey, the German Sawmill and Wood Industry Association (DeSH) asked its members again about [...]

Why is Ireland running out of timber?

In order for the companies of the timber industry in Ireland to continue to work, the country will buy timber [...]

Steady recovery in European plywood deliveries from China

In terms of plywood supply to Europe the major concern early on in the pandemic was China.     [...]

Current state of China’s fiberboard and particleboard market

According to statistics on China’s fiberboard and particleboard production capacity in the first half of 2020 from Forestry Planning [...]

Lumber companies in the US reached record profits

Record high lumber prices in the US, stable income for residual chips, and slightly lower costs for sawlogs moved 2Q [...]

Global housing markets to face tougher year in 2021

Most major housing markets won’t keep up with consumer price inflation in 2021 and are faced with multiple downside [...]

EU plywood trade cautious, but recovery faster than expected

It’s still too early to say for sure, but it’s variously estimated by European plywood importers and distributors [...]

Largest hardwood sawmills in Germany and Austria

Cutting in those German hardwood sawmills which reported their volumes amounted to 1.574 million m³ in 2019. Compared to [...]