Latest News

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  • Sawmilling
  • August 22, 2017 11:26

First CLT-plant in Norway

On 9 August the Norwegian wood company Splitkon and the Industrial Development Corporation of Norway Siva signed an agreement to build the first CLT-plant in Norway. The production hall in Åmot western of Oslo is to be finished by autumn 2018. Construction work is expected to start ...... [more...]

Machinery News
  • Machinery News
  • August 22, 2017 11:04

The 12th VietnamWood Fair set to attract elite woodworking equipment & machinery manufacturers

The 12th Vietnam International Woodworking Industry Fair (VietnamWood) is slated to run from Oct. 18th to 21st, 2017 at Saigon Exhibition & Convention Center (SECC). This year, organizers are aiming for taking VietnamWood to a brand-new level, start with the marketing strategy. The organizer is actively inviting trade visitors from neighboring countries such as Thailand, Malaysia, Myanmar etc. in order to establish a more fruitful business connection among participants. ... [more...]

  • Pulp and Paper
  • August 21, 2017 12:13

Moody’s Investors Service upgraded Metsä Board's credit rating

Moody’s Investors Service has upgraded Metsä Board's Corporate Family Rating (CFR) by one notch from Ba2 to Ba1. At the same time, Moody’s upgraded Metsä Board’s EUR 225 million senior unsecured bond ...... [more...]

  • Sawmilling
  • August 21, 2017 11:58

Rayonier Advanced Materials and Tembec Announce Antitrust Clearance

Rayonier Advanced Materials Inc. and Tembec Inc. announced that they received clearance from the Competition Bureau of Canada without condition, of the previously announced proposed statutory arrangement under Section 192 of the Canada Business Corporations Act involving the ...... [more...]

  • Sawmilling
  • August 21, 2017 11:19

West Fraser Announces Regulatory Approval Granted for Gilman Companies Acquisition

West Fraser Timber Co. Ltd. announced that, further to its news release of July 26, 2017, the United States Federal Trade Commission (the "FTC") has granted early termination of the applicable waiting period under the Hart‑Scott‑Rodino Antitrust Improvements Act of ...... [more...]

  • Sawmilling
  • August 21, 2017 10:28

Moelven Group orders again chamber kilns from Heinola

Swedish Moelven Notnäs AB invests again in Heinola’s chamber kilns. This kiln order is already second from Moelven to Heinola within one year. The six new chamber kilns type HCH from Heinola Sawmill Machinery Inc. have an annual capacity of ...... [more...]

  • Wood Construction
  • August 18, 2017 14:29

US bill could exacerbate construction labour shortage

Two Republican senators have introduced a bill that would reduce legal immigration by about half over the next decade... [more...]

  • Forestry
  • August 18, 2017 13:27

Increase in protected forests in Sabah

The area of Class 1 Forest Reserves (i.e. Protection Forest) in Sabah has been increased from 1,353,677 hectares to 1,386,614 hectares following amendment to the Forests (Constitution of Forest Reserves and Amendment 2017) by the State Legislative Assembly... [more...]

  • Sawmilling
  • August 18, 2017 12:20

Mayr-Melnhof Group's operating profit down 7.9% in 1H 2017

The Mayr-Melnhof Group achieved overall high capacity utilization in the first six months of 2017 and was able to maintain the previous year’s level in sales and volume... [more...]

  • Sawmilling
  • August 18, 2017 10:13

Andritz to start up key production technologies for Metsä Group’s new mill in Finland

Andritz has successfully completed start-up of the key production technologies for Metsä Group’s new bioproduct pulp mill with an annual capacity of 1.3 million tons of pulp in Äänekoski, Finland... [more...]

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special report

Rising home prices and countervailing duties hit the US housing market

Housing starts increased 8% in June to a seasonally adjusted annual rate of 1,215,000, according to the US Department of Housing and Urban Development and the Commerce Department. Starts were 2% above the June 2016 rate. Single-family construction grew 13.5% in June... [ more...]

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