Tag: sawn timber

Global Trends Review, December 15-28, 2014: Softwood lumber prices declined in Sweden and Germany; Italy plans to double VAT on pellets

The producer price index of softwood lumber in Germany fell 1.6 points in November, marking the strongest decline within one month since December 2011, said Holzkurier quoting German official statistics. The index now stands at 114% (2010 =...

RusForest sold Arkhangelsk assets and may consolidate with Lesresurs

Swedish company RusForest announced sale of Arkhangelsk assets in Northwest Russia for approximately $31 million, including the related debt. The company executed a definitive sale and purchase agreement with several buyers, including Lesozavod 25 (Arkhangelsk, belongs to Titan...

Global Trends Review, November 17-30, 2014: North America waits for housing recovery; EU architects presented construction outlook

A slower than forecast recovery in the North American housing sector continued to dampen earnings among some of the continent’s largest timber producers, TTJ reported. Weyerhaeuser’s wood products division expected earnings to fall towards the end of the...

Softwood lumber exports from Russia grew 8% in Jan-Sep 2014

Deliveries of Russian softwood lumber to the export markets for the first nine months of 2014 increased by 8% to 16.3 million m3, according to analysts of WhatWood agency. The highest growth was shown by Egypt (+23% to...

Global Trends Review, November 03-16, 2014: Finnish sawmills scale down output as predicted; Chinese market outlook remains sluggish

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...

Japanese Sojits Building Materials may participate in BM Sakhalin mill project

The Japanese Sojits Building Materials Corporation may become a shareholder of BM Sakhalin, as Interfax – Far East news agency reported with a reference to the BM Sakhalin CEO Konstantin Beznosyuk. BM Sakhalin is now building a large...

Global Trends Review, September 22 – October 05, 2014: Romania stands out as large & growing lumber supplier; Chinese prices fall on high lumber stocks

Holzindustrie Schweighofer has completed installation works at its new glulam line at the Radauti plant in Romania, Holzkurier reported. The capacity will be 100,000 m3, in addition to existing 140,000 m3. Contrary to initial announcements, there will be...

Global Trends Review, September 08-21, 2014: Japan feels oversupply of lumber, China to develop wooden housing

With continuing demand slump in Japan, port inventories of imported Russian lumber like red pine 30×40 mm remain high and the arrivals have not declined yet so supply glut feeling is heavy in the market, ITTO reported. The...

Kraslesinvest launched a sawmill at Boguchansky LPK

On 5 September, the official ceremony took place at the Boguchansky LPK mill in the Krasnoyarsk region. The first stage of the project, a sawmill line, came online. This plant is part of a major investment project, which...

Global Trends Review, August 25 – September 07, 2014: Heavy fall of Japanese timber imports registered in Q2 2014; one more large EU pellet supplier will appear in the US

In the first half-year, Austria exported 3% less laminated wood products, which is 566,000 m3, Holzkurier reported. This decrease is primarily due to heavy losses in Japan. Exports to the Far Eastern market plunged by 38% to 80,500...

Global Trends Review, August 11-24, 2014: European construction is forecast to grow marginally by 2016; Chinese construction market risks are overblown

Until 2016, growth in construction in Europe is mainly expected for the North and Baltic Sea region. Meanwhile, the unprecedented housing crisis in Southern Europe has at least hit the bottom. This is the forecast published during the...

Global Trends Review, July 14-27, 2014: Domestic market saves glulam industry in Germany; global woodworking machinery sales fell in 2013

Germany is lucky to have strong domestic sales market, which supports the laminated timber industry, as Holzkurier journal noted in an article. Austria, unlike Germany, has to export to the sharply declining sales markets like Italy or to...