Tag: sawn timber

Global Trends Review, June 16-29, 2014: New acquisitions and projects in the North American pellet industry; China blocks container shipping alliance

RWE Innogy is selling the largest operating US pellet factory, Georgia Biomass in Texas, as Holzkurier reported. The company is going to dispose of biomass assets as non-core business. The mill was launched in May 2011 and has...

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...

WhatWood: overstocking led to reduction of prices for Russian timber in Egypt

Overstocking of the port of Alexandria with large volumes of sawn timber in June led to price cuts in the Egyptian market, as the representatives of large exporting sawmills in the European part of Russia told WhatWood. After...