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  • Forestry July 31, 2014 16:02

    Resolute's sales decrease in the second quarter

    Resolute Forest Products Inc. reported net income for the 2Q ended June 30, 2014, excluding special items, of C$19 million up from net income, excluding special items, of C$18 million in the 2Q 2013. Resolute's sales were C$1.1 billion in the quarter, down... [more...]

  • Panels July 31, 2014 12:35

    Stable annual result for EGGER

    A positive development of all key figures, a slight increase in turnover, and an EBITDA of 312 million Euros in the 2013/14 (30 April) financial year were presented by the EGGER Group Management on 31 July 2014 during the annual press conference at the headquarters in St. Johann in Tirol... [more...]

  • Wood energy July 31, 2014 12:02

    Company announces new facility in US to manufacture advanced wood pellets

    Zilkha Biomass Energy is building a facility in Monticello, Arkansas, to manufacture their Zilkha Black® Pellet, the first commercially available advanced pellet in the biomass industry, as the company holds in a press release. Zilkha Biomass Energy plans to invest $90 million in the facility... [more...]

  • Forestry July 31, 2014 10:27

    Increased export of US hardwood lumber to Europe

    By the end of April, US has exported 9 percent more hardwood lumber to Europe than in the same period last year. The main reason is the high demand, particularly in northern Europe. Exports to the UK lead in statistics with an increase of 40%. But smaller markets are also showing strong growth, such as Sweden (+46%), Ireland (+27%), Estonia (+16%) and Denmark (+50%). US exports to Germany and Spain, with 4%, and 7% increased only moderately. However... [more...]

  • Forestry July 31, 2014 08:31

    Foreign investments into Russian wood industry collapse due to geo-political context

    Foreign investments into Russian forest-based industries are on a downward trend. For example, the volume of foreign investments into the Russian woodworking sector fell by 42% year-on-year in the first quarter... [more...]

  • Sawmilling July 31, 2014 07:33

    Canada: Lumber production falls in May

    After a small rise in April, Canada's lumber production by sawmills decreased in May by... [more...]

  • Panels July 30, 2014 15:26

    Biesse strengthens presence at Ligna

    The Italian Biesse Group has announced plans to increase their presence at the upcoming Ligna, the leading trade fair for the forestry and... [more...]

  • Market Prices July 30, 2014 13:27

    OSB prices negatively impacted Norbord's second quarter earnings

    Despite the overall US housing recovery, Norbord Inc. second quarter financial performance was influenced by dissappointing OSB prices, especially in North America. Norbord achieved EBITDA for Q2 of $33 million, which is 22%... [more...]

  • Sawmilling July 30, 2014 10:30

    German sawmills turnover slightly higher in May

    In May, the German sawmills sales have continued to rise. Compared to April, total sales, however, are... [more...]

  • Wood energy July 30, 2014 10:01

    US to cover half share of total European wood pellets imports

    There are three regional markets in the EU, with three trade flows that can be determined. The Benelux countries and the United Kingdom mainly import from the United States and Canada. Despite their significant domestic production, the Scandinavian countries, mainly Denmark and Sweden, partly depend on imports from the Baltic Region and Russia. The market for pellets in Germany, Austria and Italy is more isolated and depends mostly on the production in this region itself... [more...]

special report

EU pellet demand expected to more than triple by 2020

The EU is the world’s largest wood pellets market, with a consumption of about 17.5 MMT of pellets in 2013. Based on the EC mandates and Member State incentives, the demand is expected to expand further to nearly 21.0 MMT in 2015. Consumption forecasts for 2020 range from 50 – 80 MMT (AEBIOM). Future consumption will however, depend on a range of market factors and in particular Member State incentives...[ more...]

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