Archives: February 2021

German woodworking machinery industry expects growth in sales in 2021

  Despite the second lockdown and the associated restrictions, the German Woodworking Machinery Association still sees good chances for [...]

EIB provides EUR200 million loan to Metsä’s Kemi bioproduct mill

  The European Investment Bank (EIB) has signed a Euro 200 million loan agreement with Metsä Fibre Oy for [...]

Record pellet production in Germany

  Pellet production in Germany in 2020 increased by 10.2% over the previous year to a new record [...]
February 22, 2021 Latest Trends / Market Analysis / ...Wood Energy / Europe

Sharp recovery in EU tropical wood product imports

Total EU27 (i.e. excluding the UK) import value of tropical wood and wood furniture products was US$2.75 [...]

Are European lumber producers missing advantages of booming US market?

As US homebuilding continues at a steady pace, US lumber producers have risen to meet the immense demand from the [...]

Russia’s log export ban to have a far-reaching impact on global forest product markets

Russia’s proposed log export ban in 2022 will have a far-reaching impact on global forest product markets.  [...]

Metsä builds largest wood processing plant in northern hemisphere

The new bioproducts mill will be the largest single investment ever made by the forest industry in Finland.   [...]

Falling spruce prices in Estonia

  Roundwood prices in Estonia have continued to decline in November 2020 still being under the influence of the [...]

Kronospan wants to invest 100 million euros in Germany

The wood-based panel producer Kronospan wants to massively expand its location in Steinheim-Sandebeck, Germany. Kronospan plans investments totaling [...]

Homebuilders in US urge Biden to help ease skyrocketing lumber prices

The biggest U.S. homebuilders group urged the Biden administration to help increase lumber supply, saying record-high costs threaten [...]