Latest Trends

Chairman of the Finnish sawmill industry: There will be a big shortage of wood in the world

Matti Kylävainio, the chairman of Sahateollisuus ry (Finnish Sawmills Association), predicts that there will still be a severe shortage [...]
February 22, 2024 Latest Trends

German sawmill industry welcomes restart of federal house construction stimulus programme

The German Sawmill and Wood Industry Association (DeSH) has welcomed the restart of a funding programme to stimulate the German [...]
February 22, 2024 Latest Trends

Raute delivers a veneer line to Latvia

The Finnish wood industry technology company Raute delivers a birch veneer production line to the factory expansion of the AmberBirch [...]
February 22, 2024 Latest Trends

Metsä Group’s sawmills work at full speed

Despite the recession, Metsä Group's sawmills work day and night. "Demand has been low, but we can see [...]
February 20, 2024 Latest Trends

Italian wood furniture industry declines 8% in 2023, with U.S. exports falling

The Italian wood furniture industry declined 8.1% in 2023 from 2022 to around $56.6 billion, due to both [...]
February 20, 2024 Latest Trends

West Fraser Timber’s CEO encouraged by outlook despite ongoing difficulties

West Fraser Timber Co. Ltd. president and CEO Sean McLaren said he expects the company will continue to experience unpredictable [...]
February 20, 2024 Latest Trends

China: Log imports face challenges as construction market uncertain

A Hong Kong court has issued an order to liquidate the heavily indebted Chinese real estate developer Evergrande, currently bearing [...]
February 20, 2024 Latest Trends

Interfor curtails lumber production in Oregon and British Columbia

Interfor Corporation has declared an indefinite curtailment of its sawmill operations in Philomath, Oregon, citing persistent high log costs in [...]
February 17, 2024 Latest Trends

Koskisen: Profitability affected by high price of wood

The financial performance of the Koskisen Group declined last year. The operating profit was 24 million euros, which is over [...]
February 17, 2024 Latest Trends

Raute more than doubles order intake in 2023

Raute's order intake for 2023 soared to Euro 315 million, more than doubling from the previous year's Euro [...]
February 17, 2024 Latest Trends