Metsä Group’s profits jump in Q1/2022
Metsä Group's net sales for the first quarter increased by almost EUR 200 million to 1.59 billion. The [...]
May 3, 2022
Companies & Industry Events / Latest Trends / ...Market Analysis / Forestry / Sawmilling / Europe
Shanghai blockade could make Europe face ‘logistics nightmare’
Although there are signs that Shanghai port congestion is easing, European business could face a "logistics [...]
April 29, 2022
Companies & Industry Events / Latest Trends / ...Market Analysis / Forestry / Sawmilling / Wood Furniture / Wood-based Panels / Australia and Pacific Region / China / Europe / North America
UPM reports good start of the year; excellent results in plywood and lumber business
UPM's net sales increased by 12 percent to EUR 2,507 million in the first [...]
April 29, 2022
Companies & Industry Events / Latest Trends / ...Forestry / Pulp & Paper / Sawmilling / Wood-based Panels / Europe
Ponsse removes Russian orders for Euro 109 million from order book
The crisis in Ukraine has a significant impact on Ponsse’s operations and finances, company said [...]
April 29, 2022
Companies & Industry Events / Latest Trends / ...Forestry / Woodworking Machinery / Europe / Russia
Ukraine war is causing shortage in Europe’s pallet supply
The Russian invasion of Ukraine has proven disastrous for the thousands of Ukrainians who have lost their lives and the [...]
April 28, 2022
Companies & Industry Events / Latest Trends / ...Market Analysis / Market Prices / Industry Prices / Sawmilling / Europe / Russia
Setra’s Q1 earnings boosted by higher prices and strong market
Swedish wood products company Setra has reported an operating profit of SEK 480 million or EUR [...]
April 28, 2022
Companies & Industry Events / Latest Trends / ...Forestry / Sawmilling / Wood Construction / Europe
Lost Russian supply forcing Estonian companies to buy expensive wood from Nordics
Replacing timber previously imported from Russia, Belarus and Ukraine cannot happen overnight, while the material is more expensive in Europe [...]
April 26, 2022
Companies & Industry Events / Latest Trends / ...Market Analysis / Market Prices / Forestry / Industry Prices / Sawmilling / Europe / Russia
Canfor invests $130 million in Arkansas sawmill
Canfor Corp. announced plans to invest $130 million to modernize its sawmill and planer facility in Urbana, Arkansas. [...]
April 26, 2022
Companies & Industry Events / Latest Trends / ...Forestry / Sawmilling / North America
Stora Enso sells its sawmills and forest operations in Russia
Stora Enso has entered into an agreement to divest its two sawmills in Russia. The Company [...]
April 26, 2022
Companies & Industry Events / Latest Trends / ...Forestry / Pulp & Paper / Sawmilling / Europe / Russia
China: Cargo backlogs in Shanghai could cause next supply chain shockwave
Concern is growing that the spread of COVID cases and city lockdowns in China will have massive downstream effects for [...]
April 25, 2022
Companies & Industry Events / Latest Trends / ...Forestry / Sawmilling / Wood Furniture / Wood-based Panels / Africa / Asia & Middle East / Australia and Pacific Region / China / Europe / North America / Russia / South America