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Global Trends

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Drax increases stake in B.C. wood-pellet industry to 78%

The United-Kingdom-based power producer Drax Group Plc is increasing its hold on…

Latvijas Finieris plans to invest €67 million in birch plywood capacity expansion

The management of “Latvijas Finiera” has made a decision to start an…

U.S. cuts softwood tariffs in half for Canadian lumber as trade dispute continues

The US Commerce Department is cutting tariffs against most Canadian softwood lumber…

North American softwood lumber prices fall to a new low this year

Softwood umber prices continued their downtrend on Wednesday, falling 5% to a…

Germany: Wood pellet prices more than double over a year ago

Germany’s current demand for wood pellets is higher than ever. This applies to…

BSW Group to close a sawmill

Citing a downturn in demand across the global timber industry, the war…

Unprecedented period of change in European wooden furniture sector

The last two and half years, marked from the start of 2020…

European lumber exports might decline by a half due to the war in Ukraine

One immediate impact of the war in Ukraine is a tighter market…

Finland warns energy crisis could curb forest, chemical industry, close factories

Finland’s forestry and chemical industry companies are currently doing everything they can…

Belgium: Worries about availability of wood; prices on the rise

Wood traders in Belgium are currently experiencing an unusually high demand for…