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Italy’s SAIB becomes part of the EGGER Group

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

US homebuilders buy time with huge backlogs

The US housing market has fallen off a cliff, but for now,…

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…

Sweden’s sawmills expected to further reduce capacity in 2023

In its latest Forestry Report for 2022, Handelsbanken looks back on the year and…

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…

Mood in the German timber industry remains gloomy

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

European woodworking and sawmill industries welcome EC’s legislative proposal on certification of carbon removals

The publication this week by the European Commission of a draft legislative…

Interfor completes acquisition of Chaleur Forest Products

Kilmer Group announced the completion of its sale to Interfor Corporation of 100% of…

70 EU signatories call for efficient, circular use of wood biomass residues

More than 30 additional signatories endorsed the declaration issued on the 10th…