Archives: August 2020

Siempelkamp delivers 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 [...]

Latvia’s timber industry exports 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 strongly impacted by slow demand abroad

     78% of China's wood processing companies currently are affected by the Covid-19 pandemic, while [...]

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 invests 150 million euros in Spain

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

The lack of lumber in North America is unprecedented

     The downfall in lumber production in North America caused by the Covid-19 pandemic, doubled by [...]

Canfor improves earnings in Q2

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

Production in the Russian timber industry could drop by 30%.

    The Russian construction industry may contract by almost 50% in 2021 and its revival will take [...]

UPM profit falls sharply in Q2/2020

Finnish forestry giant UPM reported a smaller-than-expected fall in quarterly profits, saying lockdowns hit paper demand and prices [...]

The Netherlands says that burning biomass is not sustainable

The Netherlands should phase out the use of biomass for generating electricity as soon as possible, the advisory board of [...]
August 13, 2020 Latest Trends / Market Analysis / ...Wood Energy / Europe