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Wood Products

Siempelkamp to deliver four new drum dryers to Highland Pellets

Büttner, the energy and drying systems subsidiary of Siempelkamp, will deliver four new drum dryers to the American pellet [...]

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 [...]

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 [...]

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 [...]

IKEA to invest 150 million euros in Spain

IKEA announced an investment of around 150 million euros in the next 3 years in an expansion and transformation plan [...]

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 [...]

EU pellet market unaffected by COVID-19, but could be limited by sustainability requirements

The European Union’s wood pellet market has been relatively unaffected by the COVID-19 pandemic but cautions further market [...]

Canfor improves earnings in Q2 due to improved demand and higher prices

For the 2Q 2020, Canfor Corporation reported operating income of $96.9 million, $185.7 million higher than the operating [...]

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 [...]

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 [...]