Latest Trends

One of the largest sawmill companies in Russia to stop all wood pellet production

ULK Group, the largest sawmill company in the Northwest of Russia, will stop all of its pellet production facilities due [...]

US lumber prices continue to fall despite low inventories

Wood-pricing service Random Lengths said that its framing-lumber composite index dropped in the last week of 2022 to [...]

New Zealand: Falling log exports and prices to China

According to the latest import and export data released by the customs, the overall export of New Zealand radiata pine [...]

Tolko extends B.C. shutdowns due to weak markets

Tolko Industries has announced that as of January 2, 2023, its Soda Creek and Armstrong Lumber operations in B.C [...]

Hekotek to supply sawmill equipment to Etablissements GAIFFE SARL in France

Hekotek delivered to Etablissements GAIFFE SARL equipment for logs handling with collecting conveyors for sawing residues. The customer is a [...]

Pfeifer to acquire Finnish wood processing company Pölkky

The Austrian Pfeifer Holding GmbH has signed an agreement on acquiring the Finnish wood processing company Pölkky Oy. The [...]

Germany: Wood price evolution for 2023 still uncertain

Due to the fact that more people are using firewood during the energy crisis, prices are also rising in Rhineland [...]

Egger: Demand significantly lower, outlook uncertain

The Egger Group closed the first half of its 2022/2023 financial year (reporting date 31 October 2022) with consolidated [...]

Sharp fall in Finland’s sawn timber exports to European countries

In the third quarter of 2022, Finnish exports of raw and planed sawn softwood to other European countries decreased by [...]

UPM to enter final phases of construction on its new pulp mill in Uruguay

UPM is finalizing the construction works of the new pulp mill in Uruguay and enters the final phases of the [...]