Raute receives EUR 55 million order in Russia
October 20, 2020 ` 16:24
Raute Corporation has received orders worth approximately EUR 55 million from Russia’s LLC Plitwood. The scope of orders includes all machinery and equipment for the production process of an entire plywood mill and also services related to the...
Russian Timber Journal 08-2020: Ranking of Top 100 Russian timber industry companies in 2019: slowing down as global economy growth decelerates; interview with Management at Metadynea – Russia’s largest synthetic resins producer; the Russian wood-based panel sector is trying to recover from the recession of the coronavirus crisis
September 25, 2020 ` 18:27
Russian Timber Journal 08-2020: the total revenue of the Top-100 forestry companies in 2019 amounted to RUB 1.19 trillion, which in current prices is only 0.44% more than in 2018, and this is the minimum growth rate over...
Chinese imports of logs drop sharply in 1H 2020
September 10, 2020 ` 12:22
China’s log imports fell sharply in 1H 2020 to 24.51 million m³ valued at US$3.558 billion, down 60% in volume and 62% in value from the same period of 2019. Of total log imports, softwood log imports fell 61%...
Stora Enso invests in a new CLT production line in Czech Republic
September 10, 2020 ` 11:20
Stora Enso has decided to invest approximately EUR 79 million in a new production line for cross laminated timber (CLT) at its Ždírec sawmill in the Czech Republic. Production is scheduled to begin during the third quarter of...
Stunning Vietnamese wood product exports in 1H 2020
September 8, 2020 ` 18:18
According to Vietnam Customs, at the end of June 2020, wood and wood product (W&WP) export revenues amounted to US$4.903 billion, 4% up compared to the same period of 2019 and 22% higher than in May. The W&WP...
North American softwood timber prices continue to climb, demand tempers
September 7, 2020 ` 18:00
The latest U.S. and Canadian home building, sales, and prices data has shown remarkable — indeed record-breaking — activity, with absolutely no signs of slowing down. In fact, the business of real estate across North America can truthfully...
Switzerland is working on a new timber trade regulation
September 4, 2020 ` 11:07
Since the Swiss obligation to declare wood and wood products, which has been in force since 2012, follows a completely different approach than the EU Timber Trade Regulation (EUTR) that came into force in 2013, a Swiss Wood...
Region-Les started the construction of a wood pellet workshop, the next step is the construction of a sawmill
September 4, 2020 ` 12:51
Region-Les has started the construction of a wood pellet workshop, its design production capacity is 80,000 tons per year. Production start-up is scheduled for November 2020. The next phases provide for the creation of a sawmill with a...
Canfor subsidiary completes purchase of Swedish sawmills
September 3, 2020 ` 18:30
Canfor’s Swedish subsidiary, Vida Group, has completed a purchase of three sawmills in the Scandanavian country. It follows on a June 17 announcement that Vida entered an agreement to buy the mills for $43 million plus working capital....
There has been a steady decline in the volume of Japan’s plywood imports in 1H 2020
September 2, 2020 ` 17:54
The volume of plywood imports dropped 28% YoY in 1H of 2020. Indonesia and Malaysia are the top shippers of plywood to Japan accounting for over 80% of all plywood imports. In June arrivals from Malaysia were down...
Unilin invests 11 million euros in its Vielsalm site
September 1, 2020 ` 17:55
In order to meet the steadily increasing demand for high-quality laminate floors, Unilin wants to increase production capacity at the Belgian plant in Vielsalm. The € 11 million investment is intended to sustainably secure the location and also...
Dieffenbacher to manufacture the world’s longest continuous press
September 1, 2020 ` 16:33
With the construction of an 80 meter long CPS+, Dieffenbacher sets a record for the world’s longest continuous press for the production of wood-based panels. The press is the core component of an MDF plant ordered from Dieffenbacher...