Latest News

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  • Panels
  • February 22, 2017 15:20

US OSB production expected to rise in 2017

North America’s Oriented Strand Board (OSB) market is expected to improve in 2017, with the right balance between OSB mill start-ups and strong U.S. housing starts a decisive factor for its sustainability,... [more...]

  • Interior
  • February 22, 2017 14:19

Ikea invests in Dutch recycling company

Ikea has recently acquired a 15% minority stake in Dutch plastics recycling company Morssinkhof Rymoplast. The Swedish-based furniture giant said the investment is part of a EUR 1 bn ... [more...]

  • Forestry
  • February 22, 2017 13:20

B.C. announces $150 million reforestation investment

B.C. Premier Christy Clark announced last week $150 million for the Forest Enhancement Society of British Columbia to plant tens of millions more trees... [more...]

  • Interior
  • February 22, 2017 12:35

Indian furniture market to exceed US$27 billion in five years

A press release from TechSci Research, a company specialising in research in high growth and emerging markets, points to a likely surge in Indian demand for furniture.... [more...]

  • Forestry
  • February 22, 2017 11:10

West Fraser reports fourth quarter results

West Fraser reported earnings of $79 million or $1.01 basic earnings per share on sales of $1,107 million in the fourth quarter of 2016 and earnings of $326 million or $4.06 basic earnings per share on sales of $4,450 million for 2016.... [more...]

  • Interior
  • February 22, 2017 10:12

Sales of the German furniture industry reached a new record in 2016

The German furniture industry sales grew by 3.2% in 2016 and reached a new all-time high of EUR 17.96 billion. This means that the domestic furniture manufacturers achieved an extra turnover for a third year in a row... [more...]

  • Market Prices
  • February 22, 2017 09:40

Price of wood pellets in Germany up 4.7% this month

A higher demand for wood pellets went to a price increase of 4.7% in Germany during February, as compared to the previous month. The price of EN plus wood pellets reached an average of EUR 253.39/tonne, also 4.6% more than in February 2016... [more...]

  • Forestry
  • February 22, 2017 08:37

Mercer acquires Klausner's sawmill in Friesau

Mercer International Inc. announced on the 21st of February that it has entered into an agreement to acquire substantially all of the assets of one of Germany’s largest sawmills and a bio-mass power plant, near Friesau, Germany... [more...]

  • Forestry
  • February 22, 2017 07:32

Sumitomo Forestry acquires large stake Edge Homes Group

Sumitomo Forestry announced completion of acquisition of 70% of equity shares in Edge Homes Group for the price of approximately USD 63 million (will be adjusted by audited financial results).... [more...]

  • Wood Construction
  • February 21, 2017 14:20

US housing starts down 2.6% in January

Housing starts in US returned to trend, dropping 2.6 per cent to a seasonally adjusted annual rate of 1.246 million units... [more...]

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special report

FSC disassociates from the Schweighofer Group

The Forest Stewardship Council (FSC) has decided to revoke the Schweighofer Group’s probation status and disassociate from the group.... [ more...]

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