Tag: plywood

Global Trends Review, June 02-15, 2014: large M&A deals in the Baltics; EU parquet trends in Q1

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, May 19 – June 01, 2014: China’s domestic timber output share remained at 51%; European Q1 timber trade statistics

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...

Global Trends Review, April 21 – May 04, 2014: Nordic sawmillers report positive Q1 2014; importers of Asian plywood switch to break bulk shipments

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...

Sveza does not exclude growth of prices for Russian plywood

Sveza Group does not exclude growth of prices for Russian-made plywood, as said in the press release of the company. The appreciation of plywood can be triggered by two factors: wood shortage and price growth, as well as...

Global Trends Review, March 10-23, 2014: CLT and other engineered products are conquering new markets

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...

Investlesprom: wooden housing market in Russia rose by 30% in 2013

In 2013, Investlesprom holding has reduced deliveries of plywood to the European market that fell into crisis and refocused on the domestic market (up to 60% of the total deliveries), which boosted company’s revenues, as said in the...

Global Trends Review, January 27 – February 09, 2014: OSB demand booming in UK, but probably at risk in Central Europe

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, December 23, 2013 – January 12, 2014: Japanese housing performed well in 2013, but home producers might push importers off the market in mid-term

After eleven months of 2013, housing starts in Japan were up 10% on last year’s figures, Holzkurier says. This makes 2013 the strongest construction year in Japan ever since 2008. As a preliminary total estimate, 960,000 housing units...

Global Trends Review, December 02-08, 2013: reports of UNECE, EU Flooring Association and German Pellet Institute published

The UN Economic Commission for Europe (UNECE) announced that the residential construction volume in Europe is expected to fall this year before a slight increase in 2014, TTJ reported. “While a short- or mid-term recovery is unlikely in...

Global Trends Review, November 25 – December 01, 2013: lumber trade hindered by protectionism; CLT may add value to the European market

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, November 04-10, 2013: panel capacities return to market; crossfire of duties between US & China

Pollmeier is expected to start up its new beech LVL factory in Germany in February 2014. The launch of sales is scheduled for March, says Holzkurier journal quoting company CEO Ralf Pollmeier. Major equipment is already installed. The...

Global Trends Review, October 28 – November 03, 2013: lumber market oversaturation in Japan to end in Q2 2014; companies publish Q3 results

Scandinavian woodworking companies report improving market conditions, higher selling prices and lower raw material costs. Their North American colleagues also publish very positive results, despite lumber prices falling back from Q2, TTJ reported. Setra’s UK sawn timber sales...