South America

Masisa to abandon all operations in Argentina

Chilean timber company Masisa Wednesday announced it had liquidated all its assets in Argentina to abandon all its operations in [...]

China: Hopes that Covid restriction easing would bring back wood demand

Several major Chinese banks have adopted a government led 16-point rescue plan to extend billions to struggling private developers [...]

EU approves import ban law on products linked to deforestation

    The European Union agreed on Tuesday on a new law to prevent companies from selling into [...]

China: Recovery signs of the softwood import market in Q1/2023

In China, the softwood import market remains weak but there are small hopes for Q1/2023. As of mid-November [...]

EU tropical wood imports slow with mounting signs of recession

    In the first nine months of this year the EU27 imported 1.53 million tonnes of [...]

Top 15 biggest lumber producing companies in the world

GWMI picked the top 15 companies across the globe based on their softwood lumber production figures for 2021. The list [...]

Global demand for timber could grow fourfold by 2050

    The World Bank forecasts that global timber demand will quadruple by 2050, driven by economic and [...]

Wood industry at COP 27: Combining climate protection and business

    At the COP 27 UN Climate Change Conference in Sharm el-Sheikh, Egypt, Austria's timber [...]

Ocean freights drop sharply as global trade slows down

In 2021, the skyrocketing shipping prices have made the world's major shipping companies more profitable, but now, such good [...]