Falling U.S. lumber prices point to further sawmill closures and output cuts

Falling lumber prices are increasingly drawing attention on Wall Street as a…

Valmet will cease production at its Swedish site in Sundsvall

Valmet has announced plans to restructure parts of its manufacturing operations in…

Holmen cuts sawmill output as Middle East disruption drives up costs

Holmen AB is reducing production at its Bygdsiljum sawmill as disruptions to…

European ThermoWood production tops 300,000 m³ for the first time in 2025

Production of ThermoWood by manufacturers represented by the International ThermoWood Association (ITWA)…

Keitele Group posts stronger 2025 results; higher log prices and weak global lumber demand shape outlook

Finnish wood processing company Keitele Group Oy reported higher revenue and improved…

SCA to cut spruce lumber production

Swedish forest products group Svenska Cellulosa Aktiebolaget (SCA) has decided to reduce…

Weinig to cut around 400 jobs as production is adjusted to weak demand

The Weinig Group has announced a global restructuring programme that is expected…

€200m particleboard project to add capacity in Lithuania

A planned particleboard (MDP) plant in southern Lithuania is set to add…

U.S. sawmill capacity rises but production remains flat

U.S. sawmills continue to operate well below their potential, even as industry…

Russia’s forestry sector warns of up to 30% production slump in 2026

Russia’s forestry sector is bracing for one of its most pronounced downturns…