Archives: July 2018

IKEA has many challenges for its first store in India

    IKEA, the world’s leading furniture retailer and manufacturer announced the opening of a store in [...]

Angelina Forest Products wants to build $100 million sawmill in Texas in 2019

Angelina Forest Products announces plan to build a $100 million sawmill in Lufkin, Texas, US. This is part of a [...]

Segezha Group searches for CLT production equipment supply in Europe

Segezha Group (affiliated to Sistema JSFC) and Sokol Timber Company JSC, Russian leader of housebuilding, have recently visited major European [...]

Latvian Vika Wood expands sawmill production capacity

The Latvian wood-processing company Vika Wood has been recently granted a long-term loan of EUR 7.5 million [...]

EPA introduces new regulation for composite wood products

The Environmental Protection Agency has determined that as of June 1, 2018, all imported and domestically-produced composite wood panels [...]

Supply of Vietnamese eucalyptus plywood is running short

Supply of Vietnamese eucalyptus plywood for crating is getting tight so the distribution volume in Japan is dropping considerably, reports [...]

EU wants to establish a 32% share for renewable energy by 2030

On 27 June 2018, EU ambassadors endorsed the provisional agreement reached by the Bulgarian Presidency on the revision of the [...]

Sawmill industry in Germany predicts positive 2018 outlook, based on good results at the beginning of the year

    The German sawmill industry was able to conclude the year 2017 positively, while during the course [...]

Stora Enso starts feasibility study for possible investment in Oulu mill in Finland

Stora Enso has started a feasibility study and an environmental impact assessment (EIA) for a possible investment in Oulu mill [...]

Central/West Africa: Logs & sawnwood FOB price forecast to improve

Producers in West and Central Africa are generally optimistic that the present stable market conditions will be maintained through the [...]