Tag: Stora Enso

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...

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...

Global Trends Review, February 10-23, 2014: EU timber consumption slowly rising; Japanese timber demand prospects are unclear

Consumption of softwood lumber in Europe is slowly increasing from a very low level, according to Fordaq which quotes study by International Forest Industries (IFI) published at woodnet.se. The sharp decline by 32% in past years was mainly...

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, 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...

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

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

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...

Global Trends Review, July 15-21, 2013: sawmillers and pulp makers predict volatile but better market environment in the second half-year

In the construction sector, seasonally adjusted production fell by 0.3% in the Eurozone and by 0.2% in the whole European Union area in May 2013, compared with the previous month, according to first estimates released by Eurostat. With...

Global Trends Review, June 24-30, 2013: pellet trade growing but causing controversies; companies choose various strategies to tackle weak demand and wood shortage

600 representatives of the Austrian paper industry took part in a demonstration in Klagenfurt, says Holzkurier quoting orf.at. The protest in the capital of Austria’s southern province of Carinthia was directed against the planned biomass plant in particular...

Global Trends Review, June 17-23, 2013: Asian market drives European sawmilling, first wooden skyscraper planned to be built in Sweden

Many sawmills in Northern Europe have expanded their lumber sales outside the Europe market the past few years resulting in an increase in non-European exports from 27% of total exports in 2007 to 43% in 2012, as reported...

Global Trends Review, June 10-16, 2013: lumber outlook, pellet and chip consumption surging, plastics & chemicals from wood

The 35,000 members of the European Organisation of the Sawmill Industry (EOS) produced 75.7 million m3 of softwood lumber in 2012 – 4.5% less than the year before, Holzkurier reported. A challenging situation on the log procurement front...

Global Trends Review, June 03-09, 2013: surging lumber prices in Japan; growing export wood trade in early 2013; further shift of board & paper capacities

To stop long lasting deflation, Japanese government took monetary easing policy, which depreciated yen’s exchange rate sharply in short time, ITTO reported. The yen/dollar rate was 78 last autumn, now it plunged to 102. Also the yen depreciated...