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India shows a low demand for lumber in November 2023. Also the market for logs - especially hardwood - is not showing much evolution. Most demand comes via the... [more...]
Metsä Group's Kerto LVL mill project in Äänekoski, Finland is progressing as planned and the foundation stone of the mill was laid on 24th of November 2023. The mill will have an annual production capacity of about 160,000 cubic metres of Kerto LVL and is expected to start production in the second half of 2026.... [more...]
According to China Customs, the value of forest products trade between China and the Belt and Road countries has been on the rise since 2017 and grew 52% from US$51 billion in 2017 to US$78 billion in 2022.... [more...]
According to the Ministry of Agriculture, Forestry and Fisheries, shipment of structural plywood in September, 2023 is 201,000 cbms, 6.6 % more than September, 2022.... [more...]
Kronospan has entered into an asset purchase agreement with Roseburg Forest Products to acquire Roseburg’s Simsboro, Louisiana, particleboard facility.... [more...]
Nilo has announced its entry into a development and access agreement with Inter Ikea. Nilo, a deep tech company, has successfully developed and patented an adhesive derived from plastic waste for the production of wood-based panels.... [more...]
UPM Pulp, UPM Timber, UPM Communication Papers and UPM Biofuels will start change negotiations on possible temporary layoffs. The negotiations are conducted to prepare for possible temporary adjustment of production in the Finnish units should the uncertainty in the operating environment continue.... [more...]
SCA and Scania are together developing the first electric timber truck with a technical capability of up to 80 tonnes total weight. The vehicle is a sustainable transport solution enabled through another close cooperation between Scania and a progressive customer. ... [more...]
