Companies in the timber industry

An Estonian wood processing company goes bankrupt

    An Estonian wood processing company Holzinvest OÜ went bankrupt in the city of Pärnu.  [...]

Pfeifer achieves production record at Chanovice sawmill in the Czech Republic

Since taking over the Chanovice sawmill in 2016, Pfeifer has invested more than 100 million euros in the modernization of [...]

Södra’s new CLT facility inaugurated – tenfold increase in production capacity

Södra’s new cross-laminated timber (CLT) facility was inaugurated yesterday (March 15) on the west coast of Sweden [...]

Lack of fiber determines Resolute Forest Products to cease operations at one sawmill

Due to a lack of fibre, Resolute Forest Products has suspended sawmill operations at the Saint-Thomas-Didyme mill until [...]

UK: International Timber officially joins STARK Group

International Timber officially became part of European building materials giant STARK Group A/S on March 1. The acquisition [...]

Arauco warns of $50 million hit from wildfires in Chile

Chilean pulp and wood panel maker Arauco, the forestry arm of industrial group Empresas Copec, on Wednesday estimated it could [...]

UK’s Travis Perkins warns of challenging 2023

Travis Perkins, Britain's biggest supplier of building materials, warned of a challenging 2023 as housebuilders slow down projects and [...]

Canfor’s sales drop by 12.6% in Q4

For the Q4 2022, Canfor Corporation reported an operating loss of $308.0 million. After taking account of adjusting items [...]

Pfeifer reports pellet production record

With 138,000 tons of pellets, the Pfeifer's Unterbernbach plant set a new production record in 2022. Following [...]

Drax boosts pellet production

Drax Group plc released 2022 financial results on Feb. 23, reporting that the company produced 3.9 million metric tons [...]