Timber industry research & analytics Tag: Metsa Group
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... Global Trends Review, January 27 – February 09, 2014: OSB demand booming in UK, but probably at risk in Central Europe
12 February 2014 ` 02:59
Canadian Norbord company is going to expand its Inverness OSB mill in UK in order to meet an anticipated 50% increase in OSB consumption during the next decade, TTJ reported. Earlier the company completed a detailed feasibility study... Global Trends Review, November 25 – December 01, 2013: lumber trade hindered by protectionism; CLT may add value to the European market
5 December 2013 ` 03:40
At the Timber Market conference, organised by the Swedish Forest Industries Federation, it was reported that global timber market growth is expected in 2014, but protectionism in some markets constitutes a problem, TTJ said. Swedish exports to North... Global Trends Review, October 21-27, 2013: Softwood lumber industry forecast to rise in 2014, Russian lumber deliveries to UK to fall 10% this year
28 October 2013 ` 20:32
At the International Softwood Conference held from 14 to 18 October in Edinburgh, Scotland, the European Forest Institute (EFI) presented a forecast, according to which in 2014 softwood lumber output will rise by 2.9% to 109.13 million m3... Global Trends Review, September 09-15, 2013: bio-CHP industry spreading over Europe; bank experts predict merger of UPM & Stora Enso
18 September 2013 ` 07:22
Fortum company opened a new combined heat and power (CHP) plant in the Latvian city of Jelgava. The new power plant uses biomass as fuel and will provide district heating to the residents and businesses in Jelgava as... 