Global Trends Review

The first production of cross-laminated timber (CLT) opened in Finland, launched by Crosslam company, PuuInfo reported. According to Managing Director Juha Virta, this material is beginning to be well-known in apartment building construction. The aim for Crosslam’s production...

Holzindustrie Schweighofer has completed installation works at its new glulam line at the Radauti plant in Romania, Holzkurier reported. The capacity will be 100,000 m3, in addition to existing 140,000 m3. Contrary to initial announcements, there will be...

With continuing demand slump in Japan, port inventories of imported Russian lumber like red pine 30×40 mm remain high and the arrivals have not declined yet so supply glut feeling is heavy in the market, ITTO reported. The...

In the first half-year, Austria exported 3% less laminated wood products, which is 566,000 m3, Holzkurier reported. This decrease is primarily due to heavy losses in Japan. Exports to the Far Eastern market plunged by 38% to 80,500...

Until 2016, growth in construction in Europe is mainly expected for the North and Baltic Sea region. Meanwhile, the unprecedented housing crisis in Southern Europe has at least hit the bottom. This is the forecast published during the...

Canadian panel producer Norbord reported EBITDA of $33 million in the 2Q 2014 which is 22% higher than in 1Q, but 68% lower than a year-ago indicator. OSB prices and deliveries have grown in North America. Shipments in...

Germany is lucky to have strong domestic sales market, which supports the laminated timber industry, as Holzkurier journal noted in an article. Austria, unlike Germany, has to export to the sharply declining sales markets like Italy or to...

There is hype around European-made cross-laminated timber in the United States, as Holzkurier journal wrote in an editorial article. Many agendas and initiatives have been set towards CLT in recent years. The White House officially supported “innovative timber...

RWE Innogy is selling the largest operating US pellet factory, Georgia Biomass in Texas, as Holzkurier reported. The company is going to dispose of biomass assets as non-core business. The mill was launched in May 2011 and has...

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...

China’s domestic timber production rose 2% to 83.67 million m3 in 2013, ITTO reported. Timber imports (logs and sawnwood) rose 18% to 79.16 million m3 log equivalent, and the value of China’s timber imports grew 26% to $16.1...

The building permits development in 2013 remained negative and is expected to decline in 2014 in France, Italy, Spain, and the Netherlands, though the latter three showed some positive developments, says Fordaq quoting the latest Arch-Vision report on...