Article Archive

German woodworking machinery industry with record level of demand

The gap between global demand and the production of woodworking machinery is widening.    In the first [...]

UPM is also positively revising its earnings outlook for the current year

Stora Enso recently reported that it had improved its expectations for the full-year operating result . Now UPM has also [...]

N. American lumber prices sink further as homebuyers lose affordability

     North American lumber prices are spiraling as red-hot house prices and the rising cost of [...]

Decreasing US softwood lumber imports as shipments from Canada fall

From January to April, US import volumes fell by nearly 7% or 860,000 m³. This is the result of [...]

Stora Enso has full order books; result for 2022 is expected to be better than last year

    Development in the company's main markets has remained strong.    Stora Enso [...]

Lithuania plans timber export ban as sanctions cause raw material shortage

Due to the export of Lithuanian timber, the local industry is experiencing an increasing shortage and price of raw materials [...]

Boise Cascade to acquire Coastal Plywood Company for $512 million

Boise Cascade has reached an agreement to acquire Coastal Plywood Company, including its two manufacturing locations, from Coastal Forest Resources [...]

No sales market for Russian pellet exporters starting July

From July 10, the Russian wood pellet exports to Europe, the main market for Russian companies, will be completely stopped [...]

Skyrocketing wood prices in Japan due to Ukraine war

The war in Ukraine has inflated the cost of timber in Japan.    Russia’s retaliatory measures [...]

France: Considerable rise in lumber prices for Q1/2022

    As the below table shows, Q1/2022 prices for various lumber products in France have shown [...]