European plywood market will be taken over by Brazil, as Russia is out

Russia, as a major producer and exporter of birch plywood, is a…

North American wood products makers downgraded on lower housing demand, falling lumber prices

Shares of Boise Cascade Co. (BCC) tumbled 10.9% toward and eight-month low,…

Moelven is investing in a pellet factory in Karlskoga

The pellet factory is planned to be put into operation in 2024…

Rising costs cast doubt on Vietnamese wood companies growth prospects

As wood export turnover is rebounding with rising demand in the domestic…

Acquisition of Russia’s RFP Group by Japanese holding unclear

Iida Group Holdings acquired a 75% stake in Russian lumber producer RFP Group for 60…

UFP Industries to acquire 50% stake in Dempsey Wood Products, LLC

UFP Industries (UFPI) announced that its affiliate, PalletOne, Inc., has acquired a 50% equity…

Canfor invests $25 million to modernize its Estil facility in South Carolina

Canfor Southern Pine (Canfor) is investing $25 million to modernize its Hampton County facility…

Uniboard Canada invsts $250 million in a new particleboard press

Uniboard Canada is moving forward with the modernization project for its Val-d’Or…

UPM sells its Steyrermühl mill in Austria to Heinzel Group

UPM has signed an agreement to sell 100% of the shares of…

Japanese trading firms investing more in foreign forest assets

Major Japanese trading companies are stepping up their investments in forestry projects…