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US builder confidence remains firm despite flat existing home sales

US existing-home sales were unchanged in August and are 1.5% below the level a year ago. The first-time buyer share of 31% was down from 32% last month and unchanged from a year ago.... [more...]

New Zealand log export market restrained by depreciation of the Chinese yuan

New Zealand's export log market took a hit from the trade dispute between the US and China as the declining value of the yuan crimps the buying power of the country's largest log market. As a consequence the average price for ...... [more...]

Chinese investor acquires German MAKA Systems

MAKA Systems GmbH, developer and producer of CNC special machines for wood, aluminum and plastics processing, has been sold to the listed Chinese company CSG Smart Science & Technology Co LTD... [more...]

Canadian housing starts trend drops in September

The national trend in housing starts stood at a 19-month low in September, following declines in four of the last five months.... [more...]

Switzerland: Wood pellets prices rise slightly in October

In October, end consumer prices for wood pellets rose slightly in Switzerland. The average price for wood pellets of quality ENplus A1 is... [more...]

Finland: logging volume 1% down in August 2018

In August, 5.8 million m³ of roundwood was harvested for use by the forest industries in Finland. This logging volume was down by ... [more...]

IKEA to build 50 million euro retail park in Serbia

IKEA plans to complete to build a retail park in Belgrade, Serbia by the end of 2020... [more...]

Japanese furniture retailer Nitori buys Välinge click furniture technology

Japanese furniture retailer Nitori Co., Ltd has launched a new range of products featuring Threespine® click furniture technology from Välinge... [more...]

Setra wants to use salvageable timber from summer's forest fires

Swedish wood products company Setra is working on using the fire-damaged timber that should be useable from the summer's forest fires... [more...]

Komatsu Forest plans to build a new factory in Sweden

Komatsu Forest announced their intention to acquire land in Klockarbäcken, Umeå, Swedenin order to build a new factory in the area. It is one of the biggest investments in the company's history... [more...]

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special report

ISC: Blue Skies for wood industry in 2018, but dark clouds ahead

On the 11th and 12th October 2018 the 66th edition of the International Softwood Conference (ISC) was held in Riga in the facilities of the hotel Radisson Blu Latvija. This year's conference was attended by over 200 participants – a record-high attendance – from all over the world and it was ...... [ more...]

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