Companies & Industry Events

Segezha launches first CLT plant in Russia

At the end of February, the Sokol CLT plant was inaugurated in the city of Sokol, Russia. The plant, which [...]

Canadian lumber giants expected to continue expansion in US

Record high lumber prices have left North American forestry companies flush with cash, setting the stage for more forestry M [...]

Homag reports 13% drop in sales in 2020 due to corona pandemic

  The Homag Group closed the 2020 financial year with a considerable drop in sales due to the challenges [...]

EU wood furniture imports down in 2020

  EU wood furniture imports down 3% in 2020 Considering individual products, the dollar value of EU27+UK imports [...]

German wood industry companies under pressure due to rising lumber prices

       The ongoing price spiral on the German lumber market is putting more and more [...]

Bark beetle damage reaches record 40 million m3 in the Czech Republic

The damage caused by the low purchase price of bark beetle wood in the Czech Republic and the premature harvesting [...]

China to reduces tariffs on some wood products

  China’s Custom Tariff Commission of the State Council has reduced tariffs on certain forestry products imported into [...]

Siempelkamp delivers new particleboard plant to Russia

The Russian wood-based panels manufacturer Uvadrev-Holding placed an order with Siempelkamp for a new particleboard plant.   [...]

UFPI acquires Spartanburg Forest Products

UFP Industries, Inc. announced that one of its wholly owned subsidiaries, Sunbelt Forest Products Corporation, signed an agreement to purchase [...]

European renovation wave to create opportunities for the wood industry

  In her latest speech on the state of the Union, European Commission President Ursula von der Leyen highlighted [...]