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In 2023, a total of 354,000 tonnes of wood pellets was produced in Finland. The pellet production volume decreased by 2% from the previous year. ... [more...]
U.S. single-family homebuilding rebounded sharply in February amid mild temperatures and a persistent shortage of previously owned houses on the market.... [more...]
The price for wood pellets in Germany fell slightly in March 2024. According to the German Pellet Institute (DEPI), one ton (t) of the fuel currently costs an average of €296.20. ... [more...]
According to China Customs, wooden furniture exports in 2023 fell 4% to US$24.19 billion year on year. The US was the largest market for China’s wooden furniture exports and nearly 30% of China’s wooden furniture exports were to the US, up 1% over 2022.... [more...]
Biesse Group has communicated the financial results for 2023, the financial year closed with sales revenues of EUR 785 million, down 4.6% compared to the EUR 822.43 million obtained the previous y... [more...]
Acadian Timber Corp. has closed on the acquisition of approximately 16,000 acres of commercial-quality timberlands in New Brunswick, Canada, ... [more...]
Western Forest Products has informed sawmill workers at its Chemainus site of an upcoming shutdown due to market conditions and log availability.... [more...]
A report released by the National Association of Home Builders on Monday showed an unexpected improvement in U.S. homebuilder confidence in the month of March.... [more...]
US imports of hardwood flooring by the US fell 11% in January on sharp declines from the top suppliers. Imports from Indonesia fell 46% in January while imports from Brazil dropped by 23%. ... [more...]
The challenges facing the European economy are highlighted in EU’s Winter 2024 Economic Forecast published on 15 February. This indicates that GDP expanded by only 0.5% in both the EU and the euro area during 2023. Growth of only 0.9% is now projected in the EU and 0.8% in the euro area in 2024.... [more...]
The European Woodworking Industries are greatly concerned regarding information disclosed about the EU Deforestation-Free Products Regulation (EUDR)...... [ more...]
After the completion of the test phase for the implementation of the EU Deforestation Regulation (EUDR) last week and the renewed postponement of the vote on the EU Supply Chain Directive, the German Sawmill and Wood Industry Association (DeSH) reiterates its criticism of the projects and warns of distortions for forest and wood industry.... [ more...]