North American sawmills to cut production in bid to lift lumber prices

A string of sawmill curtailments has buoyed lumber prices amid a flood…

Russian plywood mills continue to reduce capacity utilization

Exports of plywood from Russia without the ability to ship to Europe…

Carlyle to acquire Garnica Plywood

Global investment firm Carlyle has agreed to acquire a majority stake in…

European parquet market falling; outlook negative

European parquet consumption has started to decline during the first semester 2022,…

IKEA’s FY sales jump as it starts to lower prices

Ikea’s global sales increased 5.6% to €39.5 billion in its 2022 financial…

The Russian timber industry is in a difficult situation, but not critical

On October 11 and 12, 2022, the 24th St. Petersburg International Forest…

Timber imports into the UK have slowed but stocks are steady

Recent years have seen the price of timber shoot up and on…

U.S. sawmills produce more softwood lumber, while Canadian output drops

U.S. sawmills in July produced 3.105 billion board ft. (bbf) of softwood…

The European wood-based panels sector gathers to discuss latest trends in the industry

Hundreds of representatives from the international wood-based panels industry and technology suppliers…

Are importers ready for the EU timber regulations to be replaced?

With the new European Union Deforestation Regulation (EUDR) soon to be replacing the European Union…