Latest News

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Saica Group acquires majority share of LIC Packaging in Italy

Saica Group has reached an agreement with the family owners of LIC Packaging to increase its participation, becoming the major shareholder of the company. ... [more...]

Homag Group’s Q1 sales decreased by 14%

The Homag Group’s sales and earnings declined in the Q1 2024. This was due to the significant drop in demand last year.... [more...]

Stora Enso expects higher 2024 adjusted EBIT

Stora Enso estimates that the previous full year 2024 adjusted EBIT guidance will be exceeded, thanks to successful implementation of profit improvement actions and more favourable market conditions.... [more...]

Watermill Group to acquire Musser Lumber Company

Boston-based investment firm, the Watermill Group, has completed an investment in Musser Lumber and its principal operating subsidiary, Musser Biomass and Wood Products, collectively known as Musser.... [more...]

Andritz reports strong results

International technology group Andritz has seen a strong set of Q1 2024 results despite the difficult economic environment.... [more...]

Weak start to the year for UK tropical imports but economic outlook is improving

After hitting an all-time low in 2023, UK imports of tropical wood products remained very weak in the first quarter this year. However, the outlook is improving as the UK economy grew at the fastest rate in nearly three years between January and March 2024, ending the shallow recession it entered in the second half of last year.... [more...]

China: Slight decline in tropical log imports

China’s tropical log imports fell 1% to 1.519 million cubic metres in the first quarter of 2024. The top three suppliers of tropical logs to China in the first quarter 2024 were Papua New Guinea (36%), Solomon Islands (33%) ... [more...]

Mercer reports increased revenues in Q1/2024

Mercer International Inc. reported Q1 2024 Operating EBITDA of $63.6 million, an increase from $27.5 million in the same quarter of 2023 and $21.1 million in the Q4 2023.... [more...]

Conifex Timber reports Q1/2024 results

Conifex Timber Inc. reported results for the Q1 ended March 31, 2024. EBITDA was negative $0.5 million for the quarter compared to EBITDA of negative $3.5 million in the Q4 2023 and negative $6.9 million in the Q1 2023.... [more...]

Biden Administration to invest $74 million in innovation, create new markets for wood products

The Department of Agriculture’s Forest Service is investing nearly $74 million to spark innovation, create new markets for wood products and renewable wood energy from sustainably sourced wood...... [more...]

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Special Reports

special report

Xylexpo 2024 in Milan ended with ups and downs

The 28th edition of the biennial event of XYLEXPO, a fair dedicated to wood technologies, which was suspended during the pandemic and resumed in 2022, ended last Friday...... [ more...]

special report
Neural Grader launched at Fehrensen to automate grading with AI

Neural Grader launched at Fehrensen to automate grading with AI

Fehrensen sawmill, a renowned name in the industry since 1920, is now revolutionizing the world of hardwood lumber sorting. The company, based in the heart of Germany, Hannoversch Münden, has begun... [ more...]

special report

Fordaq and Global Traceability announce launch of EUDR Platform

Fordaq, the leading online market for wood professionals based in Brussels Belgium, and Global Traceability Solutions are launching today, Radix Tree, an intuitive digital platform that enables players in the wood products industry to comply with EUDR... [ more...]

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