• Sawmilling
    Sawmilling October 23, 2014 17:10

    EU tropical hardwood veneer imports up 8%

    EU veneer market has shown signs of recovery this year. EU imports of tropical hardwood veneer were 138,400 m3 in the first six months of 2014, 8% more than the same period last year. This year there has been particularly strong growth in EU veneer imports from Ivory Coast (+29% to 36,500 m3) and the Congo Republic (+37% to 8,600 m3). EU imports of tropical hardwood veneer from the Gabon, still the largest single supplier, were up 2.1% at 61,700 m3 in the first six months of 2014. This is despite the temporary imposition of a 7% import duty on EU veneer imports from Gabon on 1 January 2014 following a change in the country's GSP status... [more...]

  • Pulp and Paper October 23, 2014 16:43

    Stora Enso to invest €27 million at Imatra Mills in Finland

    Stora Enso invests €27 million to improve the quality and cost-competitiveness and to increase the capacity of the consumer... [more...]

  • Market Prices October 23, 2014 15:22

    Booming German pine lumber exports to Egypt

    In the first seven months of the year, German exports of sawn pine lumber have further increased. Year-on-year exports are +21% above the levels of last year. Particularly, shipments to Egypt and China, the first two main destinations, grew significantly by +709% and 30%... [more...]

  • Interior October 23, 2014 13:38

    US furniture trade accelerating

    US year-to-date furniture shipments were 4% higher in the first half of 2014 compared to 2013. Almost 70% percent of companies reported higher year-to-date shipments in June. Inventory levels at distributors and manufacturers increased more than orders and shipments... [more...]

  • Market Prices October 23, 2014 12:16

    Austria: Pellet price rises in October, but is still lower compared to last year

    In October, the average price of wood pellets in Austria currently stands at... [more...]

  • Sawmilling October 23, 2014 11:05

    Metsä Wood to lay-off 200

    The Finnish company Metsä Wood, Metsä Group's wood products business area, has initiated a programme to reduce costs and to... [more...]

  • Sawmilling October 23, 2014 10:35

    Setra reports positive earnings despite challenging market

    Swedish wood products company Setra this week reported an operating profit of SEK 192 million (EUR 22,8 million) for the first three quarters of 2014... [more...]

  • Wood energy October 22, 2014 16:16

    Wood pellets exports from North America to Europe plateaued during the 1H/2014

    Pellet shipments from the US and Canada to Europe have gone in opposite directions in 2014, with the shipments from the US South being up ten percent from the 4Q/13 to the 2Q/14, and Canadian volumes declining 25% during the same period. The new expanding markets for pellet producers in Western Canada have instead been Japan and South Korea... [more...]

  • Market Prices October 22, 2014 13:26

    Sweden: Sawlog prices fall in the third quarter

    Prices of sawlogs in Sweden (delivery timber) decreased by -6 percent in the third quarter of 2014 compared to the prior quarter... [more...]

  • Forestry October 22, 2014 12:45

    92% of timber purchases in UK present negligible or managed risk of illegality

    The UK Timber Trade Federation's latest annual report on „Responsible Sourcing of Timber in the UK' shows that 92% of members' timber purchases in 2013 were negligible or managed risk of illegality... [more...]

special report

Comment: New EU energy deal to make Europe dependent on wood pellet imports

The new EU energy deal agreed last night has set some ambitious targets. A 27% quota for renewable energy will further make wood pellets an increasingly important source of energy. However, the ability of the EU countries to satisfy internal demand will not be able to keep up the pace with the expected 4-6 time rise in consumption, and will make Europe more and more dependent on imports, especially from the United States...[ more...]

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