Sawmilling

Pölkky Oy plans to invest EUR 30 million in its wood production facilities

Finnish Pölkky Oy has announced a major investment program, targeting its production facilities in northern Finland. The investment program [...]

Vietnam plans to push up wood products exports’ value to US$11 billion in 2019

    Vietnam aims to push wood export value beyond US$11 billion this year and to develop [...]

US lumber prices started to slow down through the end of February

    Softwood lumber trading geared down from a faster pace earlier in the month, with traders citing [...]

Roundwood prices in Finland grew by 6% during 2018

For the Finnish wood industry, the year 2018 was characterized by a clear rise in the real stumpage prices of [...]

Chinese forestry industry wants to boost its output by 50% until 2025

China's top forestry authority has made plans to boost the forestry industry and set development goals. The industry pledges [...]

US housing starts reported as weak; possible economic recession ahead

    A number of market analysts have pointed to signs of weakness in the U.S. housing [...]

Malvaux’s acquisition of Rougier won’t affect the European plywood market

    The acquisition of the €30 million turnover timber and plywood business Rougier Sylvaco Panneaux by plywood [...]

Belgium: Decospan to double wood veneer capacity

    The Belgian manufacturer of veneered panels Decospan plans to double its production capacity at the Menen [...]

Stora Enso implements first measure of its cost-cutting programme: reduces a shift at Ala sawmill

    In Sweden, Stora Enso has announced that 23 employees at its sawmill in Ala have received [...]

British Columbia’s lumber exports to China start to go down, as demand decreases

British Columbia's lumber exports to China are decreasing, as the country's slowing economic growth traces demand for one [...]