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German timber industry expects negative developments in the coming months
The situation in the German timber industry is clouding over despite increased sales in the first half. This is what the latest HDH (Main association of the German Wood Industry) economic indicator for August 2022 suggests. According to the mood picture determined by … Continue reading →
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Canfor reduces production capacity in B.C. due to market conditions
Canfor Corp. is temporarily cutting production in British Columbia due to what it says are challenging market conditions. The lumber producer says it is taking a two-week curtailment starting Sept. 26 at the majority of its solid wood facilities in … Continue reading →
The post Canfor reduces production capacity in B.C. due to market conditions appeared first on Timber Industry News.
Bergs to close Broakulla mill in Sweden
After a strategic review of the operations in Bitus AB, a subsidiary of Bergs, the Board of Directors has concluded that future efforts and investments for increased competitiveness and not least in energy efficiency should be concentrated to the existing facilities in … Continue reading →
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Vida Group says electricity price will affect its production over time
For Sweden’s largest sawmill group, Vida, a price increase of SEK 1/kWh on the electricity price means around SEK 170 million (EUR 16 million) on an annual basis. This corresponds to a cost increase of 10 percent. In the short term, price … Continue reading →
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