Sawmill capacity closures reshaping US lumber supply
The lumber industry has faced no shortage of volatility. It transitioned from boom to bust in 2018 to 2019 and [...]
September 12, 2023
Latest Trends
Devastating jewel beetle infestation threatens German oak forests
Oak forests in Germany are facing an alarming crisis as a destructive infestation of jewel beetles wreaks havoc, leading to [...]
September 12, 2023
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Finland: Big drop in softwood lumber export prices
The value of Finland's forest industry exports fell to 6.3 billion euros in January-June. The amount [...]
September 12, 2023
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Egger Group to acquire Rauch particleboard plant in Germany
The Egger Group continues its growth trajectory by acquiring the Rauch particleboard plant in Markt Bibart, Germany. The purchase agreement [...]
September 12, 2023
Latest Trends
Two sawmills to stop production in Finland and Norway due to lumber price decline and high log costs
In a recent development, two sawmills in Finland and Norway are facing significant changes in their operations due to the [...]
September 8, 2023
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West Fraser to buy Albert sawmill for $140 million
West Fraser Timber Co. is planning to add another Alberta sawmill to its suite of Canadian assets. West Fraser [...]
September 8, 2023
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Indian plywood industry back to pre-pandemic levels
The nearly 500 plywood manufacturing units in South India such as Kerala and Andhra Pradesh have returned to near normality [...]
September 8, 2023
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Latvia’s forest industry faces challenges in 2023: declining export revenue and sanctions impact
In the first half of this year, Latvia's forest industry faced challenges as its export revenue amounted to 1 [...]
September 7, 2023
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North American softwood lumber prices defy the most recent surge in mortgage rates and rise 10%
-N. American softwood lumber prices staged a 3-day rally of 10% despite continued headwinds in the housing market. [...]
September 7, 2023
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Germany: Wood pellets expected to remain cheap by 2035
According to a forecast by the Federal Ministry of Economics, wood pellets will remain cheap in Germany until 2035. Reliable [...]
September 7, 2023
Latest Trends
