Tag: coronavirus

Homag sees signs of recovery in 3Q 2020

In 3Q 2020, the Homag Group recorded a significant improvement in incoming orders (+ 41%) and an economic recovery compared to 2Q 2020. Nevertheless, the nine-month figures are also shaped by the corona pandemic. “Like the entire mechanical engineering...

Andritz had solid business development in 2Q 2020

The international technology group Andritz reports a largely solid business development for 2Q 2020 taking into consideration the very difficult general economic conditions. While incoming orders fell sharply YoY (-42.2% to € 1.18 billion), sales rose slightly (5.7%...

Germany reports record pellet production in H1 2020

Despite the corona crisis, in 1H 2020, Germany produced 1.502 million tonnes of wood pellets, thus breaking a new record. The German Energy Wood and Pellet Association eV (DEPV) justifies this with the increasing demand for climate-friendly fuel...

European Organization of the Sawmill Industry (EOS) anticipates double-digit production losses

The situation of the European sawmill industry was analyzed by its representatives on June 10 during the first online general meeting of the European Organization of the Sawmill Industry (EOS). The effects of the coronavirus pandemic obviously determined...

WRI: The Coronavirus has not stopped the global trade of forest products

The Coronavirus Epidemic has negatively impacted the supply chains for numerous industry sectors worldwide the past few months. Many commodity products saw reduced trade during March and April, a result of reduced demand, closures of manufacturing facilities to...

Europe’s parquet markets are already feeling the effects of coronavirus

On April 2, 2020, the board of the European Federation of the Parquet Industry (FEP) discussed the effects of the coronavirus crisis on the European markets. These generally started well in 2020 and showed stable to slightly positive...

World Forest Sector during the Pandemic: Poland

The coronavirus pandemic may cause the collapse of Polish furniture manufacturers, which face many production curtailments. The five main Polish furniture manufacturers estimate that the economic risk would be equivalent to two points of GDP, and asks that...

Japan: the decline to a slower pace of housing construction

Corona virus disrupts supply chain Japanese house builders are having shortage of housing materials since many are supplied from China and the supply is disrupted by wide spread of corona virus disease in China, reports ITTO. Since workers...

Russian Timber Journal 03-2020: how the spread of coronavirus (COVID-19) affects operations of world timber companies; the Russian Government to slash duties on pulpwood of Far Eastern species to zero and increase export quotas by the end of 2020; Russian Forest Industry Review 2019-2020

Russian Timber Journal 03-2020: coronavirus infection was recorded in many countries of the world, the development of the situation showed that COVID-19 has a direct impact on all areas of the economy, including the timber industry — forest...

Sveza may suspend plywood production

During the coronavirus pandemic, Sveza is considering several options for stress testing its plywood business, starting from a 20% cut production to a complete shutdown. Anatoly Frishman, CEO of Sveza, said this in an interview to RBC. In...

Exports of roundwood from the Far East fell by 27.4% in January-February 2020

According to the data of the Russian Government, the decline is mainly conditioned by the foreign economic situation and the ban on issuing phytosanitary certificates. Due to the coronavirus pandemic, exports of roundwood from the Far East decreased...

The Russian Government to slash duties on pulpwood of Far Eastern species to zero and increase export quotas by the end of 2020

Yury Trutnev, Deputy Prime Minister and Presidential Plenipotentiary Envoy to the Far Eastern Federal District, held a meeting on stimulating the timber industry in the Far East; the meeting took place in Moscow on March 26, 2020. The meeting...