EU wood pellet imports forecast to recover in 2025

EU demand for pellets has significantly outpaced domestic production over the past…

Vida AB completes $164 million acquisition of Karl Hedin Sågverk

In July, it was reported that Vida had entered into an agreement…

U.S. lumber prices drop further

Lumber futures fell toward $560 per thousand board feet, as demand softened…

Austrial: Roundwood shortage likely to push up prices in autumn

Upper Austrian sawmills are looking for softwood logs to fill their warehouses…

Construction recovery: Germany sees sharp rise in building permits

Germany saw a significant recovery in building permits for residential construction in…

European sawmills make big move in Japan

European sawmills have significantly expanded their footprint in the Japanese market, with…

Tarkett shifts production from Poland to Serbia due to falling demand

Tarkett Polska is set to close its Orzechów plant by the end…

Pfeifer Group continues integration of Pölky in Finland

The Austrian Pfeifer Group, which acquired Finnish wood processing company Pölky Oy…

Canada seeks to reduce reliance on U.S. lumber market, eyes overseas growth

Canada’s softwood lumber industry, historically dependent on the United States, is pursuing…

EUDR could cost German timber industry billions

The German timber sector faces substantial financial and operational challenges due to…