Homag initiates legal action against Chinese manufacturer over alleged patent infringement

German woodworking machinery giant Homag has announced legal steps against a Chinese…

Saint-Gobain Group sells timber construction company Brüggemann from Neuenkirchen

The Saint-Gobain Group has signed an agreement with the German Köster Group…

Trump tariffs and weak demand trigger €350 million quarterly loss for Finland’s Metsä Group

Global forestry giants are under mounting pressure from shifting trade policies and…

Polish timber industry slams EUDR

The Polish Chamber of Commerce of the Timber Industry (PIGPD) has strongly…

Swedish sawmills face weak construction market and fluctuating US exports

The construction market is losing momentum, which means ongoing challenges for Swedish…

North American insurance industry warns of higher claims in wood products as market volatility rises

Surging raw material costs, high tariffs on Canadian lumber, and shifting global…

Sumitomo Forestry launches 500 thousand m3 sawmill in Louisiana

Sumitomo Forestry Co., Ltd. has completed its previously announced acquisition of 100%…

Lumber prices ease from recent highs

Lumber futures eased toward $610 per thousand board feet, retreating from three-month…

Softwood lumber market outlook: Europe benefits from sanctions and stable pricing in 2025

Recent data from various European and international sources highlight Europe’s continued strength…

Bjelin secures access to Spačva Forest, increasing supply of Slavonian oak for parquet flooring

Bjelin has obtained access to the Spačva Forest in Croatia, the largest…