Masisa to abandon all operations in Argentina

Chilean timber company Masisa Wednesday announced it had liquidated all its assets…

One of the largest sawmill companies in Russia to stop all wood pellet production

ULK Group, the largest sawmill company in the Northwest of Russia, will…

Tolko extends B.C. shutdowns due to weak markets

Tolko Industries has announced that as of January 2, 2023, its Soda…

Pfeifer to acquire Finnish wood processing company Pölkky

The Austrian Pfeifer Holding GmbH has signed an agreement on acquiring the Finnish wood…

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…