Egger: Demand significantly lower, outlook uncertain

The Egger Group closed the first half of its 2022/2023 financial year (reporting date…

UPM to enter final phases of construction on its new pulp mill in Uruguay

UPM is finalizing the construction works of the new pulp mill in Uruguay…

Segezha inaugurates Galich plywood mill in Russia; considers selling its European assets

Segezha Group officially opened the Galich plywood mill, which is one of…

Italy’s SAIB becomes part of the EGGER Group

EGGER acquires 60% of the shares in the Italian wood-based materials manufacturer…

Stark Group enters UK market with acquisition of more than 600 branches of Saint-Gobain

Danish Stark Group A/S has signed an agreement to acquire Saint-Gobain Building…

Precious Woods to close sawmill in Gabon due to high costs

Unexpectedly high cost increases in Gabon have forced Precious Woods to take drastic measures…

EU Commission agrees sale of Garnica to Carlyle

The European Commission has cleared under the EU Merger Regulation the acquisition…

Russian timber companies fallen into serious losses; ask for government help

A few days ago, the Russian timber industry, through regional officials, asked…

EU approves import ban law on products linked to deforestation

The European Union agreed on Tuesday on a new law to prevent…

Mood in the German timber industry remains gloomy

After a brief brightening, the mood in the German timber industry continued…