Wood-based Panels

Masisa to abandon all operations in Argentina

Chilean timber company Masisa Wednesday announced it had liquidated all its assets in Argentina to abandon all its operations in [...]

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 [...]

Segezha inaugurates Galich plywood mill in Russia; considers selling its European assets

Segezha Group officially opened the Galich plywood mill, which is one of the largest greenfield projects in the Russian timber [...]

Russian plywood production and exports collapse; new markets in sight

Since the beginning of this year, both domestic production and export growth of plywood in Russia have shown a slowdown [...]

Italy’s SAIB becomes part of the EGGER Group

EGGER acquires 60% of the shares in the Italian wood-based materials manufacturer SAIB. The purchase agreement was concluded on [...]

China: Hopes that Covid restriction easing would bring back wood demand

Several major Chinese banks have adopted a government led 16-point rescue plan to extend billions to struggling private developers [...]

Finland’s sawn timber exports on a downward trend

The export value of Finnish forest products in January-September reached 11.29 billion euros, a decrease of 6% compared [...]

EU Commission agrees sale of Garnica to Carlyle

    The European Commission has cleared under the EU Merger Regulation the acquisition of Spain's Grupo [...]

Russian timber companies fallen into serious losses; ask for government help

A few days ago, the Russian timber industry, through regional officials, asked the government to take new support measures in [...]