Companies & Industry Events

UPM strike to continue until mid-March

The Finnish Paperworkers’ Union has informed UPM that their strike at UPM’s Finnish mills will be extended by three [...]

US lumber prices crashes 30% in 2 weeks

   Lumber prices have plummeted 30% over the past two weeks as the housing market cools down.   [...]

US reduces tariffs on most softwood producers, raise them for West Fraser

    With its latest preliminary review on Canadian softwood lumber shipments, the U.S. Department of Commerce [...]

Norske Skog to sell its wood pellet company in New Zealand

Norske Skog has entered into agreement with Talley’s Group, a New Zealand based dairy, fishing, produce and food company [...]

Sweden’s sawmill giants post considerable rise in sales and profits for 2021

    Three of Sweden's largest sawmilling groups, SCA, Holmen and Setra posted more than expected financial [...]

Mayr-Melnhof completes acquisition of Bergkvist Siljan; becomes Europe’s 3rd sawmill group

    The Austrian competition authorities approved the acquisition of Bergkvist Siljan AB by Mayr-Melnhof Holz, one [...]

EU to initiate WTO dispute regarding Chinese restrictions on (timber) trade with Lithuania

The European Union has requested WTO dispute consultations with China concerning alleged Chinese restrictions on the import and export of [...]

US reduces duties on most Canadian softwood lumber producers

The US Department of Commerce issued its preliminary determination in their Third Administrative Review of certain softwood lumber products from [...]

COVID casts long shadow over the European furniture sector

    For the European furniture sector, as in other industries, the COVID pandemic is casting a long [...]

UPM sees headwinds from disrupted supply chains

Finnish forestry company UPM said on Thursday it sees headwinds and extra costs ahead from disrupted global supply chains, leaving [...]