Tag: Turkey

International Paper sells its corrugated packaging business in Turkey to Mondi Group

International Paper has entered into an agreement to sell its 90.38% ownership interest in Olmuksan International Paper to Mondi Group for approximately € 66 million. The Olmuksan business includes corrugated packaging facilities in Turkey with an approximate annual revenue of TRY 1,093...

Global timber market review #21-2016

– In the first three quarters of 2016, log imports through Taicang Port, China, totalled 6.51 million m3 valued at $920 million, ITTO reported. Of the total, the value of log imports from Russia through Taicang Port soared...

Russian timber industry news #1-2016

– From 1 January 2016, the Russian government prohibited organizations under the jurisdiction of Turkey or controlled by citizens of Turkey to engage in a whole complex of works and services, including wood processing, construction, architecture and design....

Global timber market review #11-2015

– Södra raised the price for standard pine and spruce sawlogs by SEK 20 (EUR 2,16) per cubic metre since 25 May, but a temporary contracting premium of SEK 20 will be introduced to stimulate early contracting. –...

Global Trends Review, July 28 – August 10, 2014: political risks create market problems in Russia and Turkey; log supply-demand structure in Japan

Canadian panel producer Norbord reported EBITDA of $33 million in the 2Q 2014 which is 22% higher than in 1Q, but 68% lower than a year-ago indicator. OSB prices and deliveries have grown in North America. Shipments in...

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, August 05-11, 2013: Overcapacity hinders wood-based panel industry in Europe

Austrian company Egger has published its outlook on the industry quoted by Holzkurier. According to Dr. Thomas Leissing, Head of Finance, Administration and Logistics, there is worldwide growth except for Europe. However, in Northern Europe and Germany, a...

Global Trends Review, May 27 – June 02, 2013: Top 20 softwood lumber producers in Europe; sawlog and pulpwood price trends in Q1

Sawlog prices were up in practically all regions in the 1Q/13, but they were still generally lower than they were a year ago, as reported in WRQ report by Wood Resources International. The biggest increases from the previous...