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Spruce prices in Austria continue to be under pressure

Economic growth in the euro area is still stable. In addition to the construction industry and service producers, producers of capital goods also assess future development positively. Above all, the Austrian woodworking industry can point to an exceptionally positive sales trend in all divisions... [more...]

Holmen to acquire Långvind forest holding in Sweden

Holmen has entered into an agreement to purchase a large contiguous forest holding in Hälsingland, central Sweden, comprising 5,700 hectares of productive forest... [more...]

Germany: Price of wood pellets increases slightly in September

In September, the price of wood pellets in Germany increased slightly. Compared to the previous month, ENplus A1 certified wood pellets cost 1.4% more... [more...]

China: Tropical log imports jump 22% in the first quarter

China’s log imports in the first quarter of 2018 totalled 14.38 million cubic metres valued at US$2.753 billion, a year on year increase of 14% in volume and 25% in value.... [more...]

China-Europe railway linked to Chengdu timber distribution centre

The China-Europe Express (CR Express) train connects 48 Chinese cities with over 40 cities in 14 European countries and is becoming a fast-track cargo option for Chinese importers. A China-Europe Railway Express (Chengdu) International Timber Distribution Center has recently ...... [more...]

Egger in talks with the EIB for Greenfield Chipboard Plant in Poland

Egger Group has started talks with the European Investment Bank (EIB) regarding potential financing for the EGGER Group’s realization of their greenfield advanced wood-based materials manufacturing plant in Biskupiec, Poland. The project is eligible for ...... [more...]

Norwegian Forestia introduces particle board subfloors with Välinge locking technology

Norwegian particle board producer Forestia signed a license agreement with Välinge earlier this year and is now launching particle board subfloors with a specially developed version of 2G locking technology by Välinge.​ Norwegian producer Forestia is a leading supplier of ...... [more...]

Sawmilling

BIFA Wood Vietnam: In The Heart of Vietnam’s Furniture Manufacturing Cluster

The inaugural BIFA Wood Vietnam 2018 will take place from October 24 to 27 at Binh Duong Convention Center in Binh Duong. With BIFA Wood Vietnam, there are endless possibilities to be unlocked for businesses looking to tap into or to expand in the Vietnam market. Its woodworking industry is seeing significant growth in recent years. Just last year alone, the industry saw a revenue of US$8 billion...... [more...]

Södra to increase production at Mönsterås sawmill

From 1 March, the annual production volume of sawn timber at the Mönsterås sawmill will increase by 100,000 m³. This will require a third shift and approximately 30 new employees... [more...]

Germany: Beetle wood infestation to reach 600.000 m3 in Thuringia

The German region of Thuringia currently expects around 600,000 m3 of beetle wood for the entire 2018... [more...]

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special report

Trump decides to ramp up US-China Trade war on Sept 24th

As expected the US will start imposing an additional USD 200 billion of Chinese goods with 10% tariffs starting on Sept 24th. The rate will increase to 25% at the end of the year. China has already promised it will respond with its own tariffs. In this article we explore further the implications of this latest move. ... [ more...]

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