Estonian timber sector finding it increasingly difficult to compete with Scandinavian countries
While the price of roundwood has come down considerably, which constitutes good news for the Estonian wood industry, prices remain [...]
November 17, 2023
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Italian wood-furniture industry in difficulty
The Italian wood and furniture sector is grappling with a crisis characterized by industry representatives as unexpectedly swift and severe [...]
November 17, 2023
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German timber trade in double-digit decline – no improvement in sight
The timber trade in Germany shrank by 15% in 2023. The weak construction economy, high building interest rates, inflation [...]
November 17, 2023
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China plans $137 billion of new funding to boost housing market
China plans to provide at least 1 trillion yuan ($137.22 billion) of low-cost financing to the nation’s [...]
November 17, 2023
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Poland’s wood industry in crisis as prices for raw materials increased by 40%
"The worst fears of the wood sector have been confirmed" - in such an alarmist tone, representatives of the Polish wood [...]
November 16, 2023
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Canfor to curtail sawmill in BC
Canfor Corporation will curtail operations at its Polar Sawmill located in Bear Lake British Columbia, north of Prince George, following [...]
November 16, 2023
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Kronospan expands in N. America; acquires particleboard plant from Roseburg
Kronospan has executed an asset purchase agreement with Roseburg Forest Products to acquire Roseburg’s Simsboro, Lousiana, particleboard facility. Completion [...]
November 16, 2023
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UK’s Silva Timber Products files for administration
Silva Timber filed for administration. A 'perfect storm' of the post-Covid slump, the invasion of Ukraine putting an end [...]
November 16, 2023
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Mood in the German sawmill industry remains gloomy as demand in construction industry is poor
The assessment of the current situation in the German wood industry fell significantly in October to -29.9 points (previous [...]
November 15, 2023
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Wood procurement from Finland has tough goals for this year and next year
Stora Enso plans to increase its wood procurement volumes from Finland. There have been no changes to the plan due [...]
November 15, 2023
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