Europe

Germany: Softwood lumber prices between boom and crisis – forecast 2023

Despite the construction crisis and the economic crisis, wood prices in Germany have held up surprisingly well. The prices for [...]

China to reduce tariffs on wood products with effect from Jan 2023

According to the Ministry of Finance of China, the Customs Tariff Commission of the State Council has issued an announcement [...]

One of the largest sawmill companies in Russia to stop all wood pellet production

ULK Group, the largest sawmill company in the Northwest of Russia, will stop all of its pellet production facilities due [...]

Hekotek to supply sawmill equipment to Etablissements GAIFFE SARL in France

Hekotek delivered to Etablissements GAIFFE SARL equipment for logs handling with collecting conveyors for sawing residues. The customer is a [...]

Pfeifer to acquire Finnish wood processing company Pölkky

The Austrian Pfeifer Holding GmbH has signed an agreement on acquiring the Finnish wood processing company Pölkky Oy. The [...]

Germany: Wood price evolution for 2023 still uncertain

Due to the fact that more people are using firewood during the energy crisis, prices are also rising in Rhineland [...]

Egger: Demand significantly lower, outlook uncertain

The Egger Group closed the first half of its 2022/2023 financial year (reporting date 31 October 2022) with consolidated [...]

Sharp fall in Finland’s sawn timber exports to European countries

In the third quarter of 2022, Finnish exports of raw and planed sawn softwood to other European countries decreased by [...]

UPM to enter final phases of construction on its new pulp mill in Uruguay

UPM is finalizing the construction works of the new pulp mill in Uruguay and enters the final phases of the [...]

Austria: Softwood log price overview in December 2022

The global economic downturn has now also reached Austria. Exports and the added value of the domestic industry shrank. Due [...]