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Softwood timber and panel (plywood and OSB) prices rose by even more the week of May 7 than they did the week before, indicating that demand for construction framing wood products is not slowing down. In the week...

Russian Timber Journal 04-2021: WhatWood agency about possible scenarios of Russia’s unprocessed wood balance after imposing a ban on exports of softwood and hardwood logs; Yury Trutnev, Deputy Prime Minister and Presidential Envoy in the Far East, declared that...

Ireland-based packaging company Smurfit Kappa is set to spend around € 35 million on its Hoya paper mill and board manufacturing plant in northwest Germany. The company will replace the complete press section of the mill’s PM2 paper machine,...

Paper Excellence, a global manufacturer of pulp and printing, writing, specialty, and packaging papers, has acquired Domtar, the largest integrated producer of uncoated free-sheet paper in North America, for $55.50 per share. The all-cash transaction represents an enterprise...

Huhtamaki has agreed to buy assets of China-based Jiangsu Hihio-Art Packaging in a €27 million debt-free transaction. Jiangsu Hihio-Art manufactures paper bags, wraps and folding carton packaging for international quick-service restaurants and national bakery chains. The acquisition will...

In March 2021 the area of notifications and applications for permit for final felling was down by 4% compared with March 2020, according to new statistics from the Swedish Forest Agency. The area of applications in montane forests...

The JAF Group has announced the sale of the veneer production in Braşov, Romania to the Belgian flooring manufacturer Unilin. The sale and production of lumber and thermo-wood on site by the JAF Group remain unaffected. The sales...

Raute Corporation has received orders worth approximately € 30 million from VMG Group in Lithuania. The orders consist of production machinery for a complete laminated veneer lumber (LVL) process, and the machines will be delivered to VMG’s upcoming...

In 1Q 2021, the volume of wood pulp export from Russia decreased by 7.1% YoY, reaching 512,000 tons, as reported by the Federal Customs Service of the Russian Federation. The value of foreign supplies increased by 8.2% to...

In 1Q 2021, Russia increased its plywood export volume by 7.1% YoY, reaching 775,100 m³, as reported by the Federal Customs Service of Russia. In value terms, for the reporting period, Russian plywood supplies increased by 22.2% YoY...

In 1Q 2021, the volume of sawn timber exported from Russia reduced by 9.6% YoY and totaled 4.64 million m³, as reported by the Federal Customs Service of Russia. The value of foreign sawn timber shipments from Russia...

Kastamonu, the leading manufacturer of the wood processing industry in Russia, has launched the third production line. The launch took place on March 5, 2021. Thanks to the opening of the third line, the total volume of laminate...