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Tag: Metsa Group

A wooden Metsä pavilion for the 2020 Olympic Games will be built in Tokyo

7 February 2019 ` 16:00  
Metsä Group and Business Finland are joining forces in building a wooden Metsä pavilion to be used in Tokio during the Olympic games. The pavilion will be built on the grounds of the Finnish Embassy in the center of...

Global timber market review #12-2016

10 July 2016 ` 12:46  
– After the excellent annual result in 2015 with an increase of 10.9% and in total over 100m EPAL pallets, 73.6m of which were newly produced EPAL Euro pallets, the upward trend is continuing in the first quarter...

Global timber market review #3-2016

28 February 2016 ` 16:18  
– The decline in Canada’s sawnwood exports to China has turned sawmills to look for alternative export markets. Possible candidates to make up for the weak low-grade lumber market in China are South Korea, Japan, India and other...

Global timber market review #17-2015

14 September 2015 ` 22:38  
– According to a representative from one of the main redwood markets in Beijing, some 12 stores selling redwood products have closed and only 2 remained open as of the end of July. The future for solid wood...

Global timber market review #9-2015

4 June 2015 ` 00:21  
– Japan housing starts recovered unexpectedly in March, ITTO reported, +0.7% in March from last year, confounding expectations for a fall of 1.9 percent. – Finnish sawmilling company Keitele Wood Products Oy is completing a new 70,000 m3...

Global timber market review #8-2015

13 May 2015 ` 15:14  
– The price of wood pellets in Germany has fallen sharply in April compared to the previous month. – At the end of the heating season, the price of ENplusA1 wood pellets in Austria has also declined considerably...

Global Trends Review, December 01-14, 2014: Global pattern of softwood lumber demand in 2014

23 December 2014 ` 16:59  
Demand for softwood lumber has been steadily increasing on a worldwide basis since the great recession. As a result, lumber shipments in 2014 are the highest since 2007 by far, according to the Wood Resource Quarterly. Lumber prices...

Global Trends Review, November 03-16, 2014: Finnish sawmills scale down output as predicted; Chinese market outlook remains sluggish

23 November 2014 ` 18:18  
Due to the oversaturated lumber market, several Finnish sawmills reduce their outputs, Holzkurier wrote. Metsä Wood, Versowood, Stora Enso and Vapo Timber prepare prolonged winter vacation, temporary layoffs or short-time schedules. The favourable lumber export markets earlier this...

Global Trends Review, June 02-15, 2014: large M&A deals in the Baltics; EU parquet trends in Q1

20 June 2014 ` 11:07  
On 10 June 2014, Metsä Group agreed to sell its Estonian subsidiary Metsä Wood Eesti AS to the local company Combimill OÜ. Simultaneously with the transaction, the parties have agreed on commercial cooperation in raw material procurement as...

Global Trends Review, April 21 – May 04, 2014: Nordic sawmillers report positive Q1 2014; importers of Asian plywood switch to break bulk shipments

10 May 2014 ` 13:13  
Scandinavian sawn timber producers report a good start of 2014 due to improved market demand and better prices on major markets, TTJ said. Moelven’s pre-tax profits in Q1 2014 were NOK 32.9 million (€4 million), compared to NOK...

Global Trends Review, March 10-23, 2014: CLT and other engineered products are conquering new markets

26 March 2014 ` 22:32  
Idaho Forest Group (US) and Johann Offner Group (Austria) have announced plans to introduce CLT technology to the United States together, Holzkurier reported. The new company will primarily market a product known in German-speaking countries as KLH, a...

Global Trends Review, February 24 – March 09, 2014: China boosts investments into foreign timber processing; Moody’s anticipates pulp price decline

13 March 2014 ` 16:44  
Chinese timber enterprises are rapidly increasing foreign investments. Around $1.3 billion has been already allocated in some 20 countries, mainly for logging and primary processing, but with growing interest in wood product manufacturing, as ITTO reported. Recently, both...