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Latest Sawmills Update

Setra records SEK22m operating loss in Q3
16 October, 2019
Swedish wood product manufacturing giant Setra says challenging market conditions has led to a SEK22m operating loss in Q3.
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Last chance to enter TTJ Awards 2019 judged categories!
Friday, July 19, 2019 Judged entries for the TTJ Awards 2019 need to be submitted by close of play on Monday July 22.
Bergs adds planing mill and pellet facility through takeover
Friday, July 19, 2019 Swedish sawmiller Bergs Timber AB has acquired AB Fogelfors Bruk, which comprises a planing mill and a wood pellet / heating log production plant.
Sodra posts strong result in declining market
Friday, July 19, 2019 The lower price for sawn timber has impacted Sodra Wood’s half-year financial performance.
Holmen timber profits up despite weaker selling prices
Friday, May 17, 2019 Swedish forest products producer Holmen has reported improved operating profits in Q1 within its wood products division.
African hardwood business reports better year
Wednesday, May 15, 2019 International African hardwood focused business Woodbois has posted a big increase in revenue and a cut in its pre-tax losses.
TTJ Awards voting under way!
Monday, April 29, 2019 Voting has got under way in the TTJ Awards 2019 voted categories.
UK softwood market prospects to improve if Brexit deal struck
Monday, March 11, 2019 Surprisingly positive UK softwood forecasts were shared at the Timber Trade Federation’s (TTF) UK Softwood Conference last week.
GP Wood worker dies after accident at Enniskeane mill
Wednesday, February 27, 2019 GP Wood has confirmed that one of its workers has died following an accident on February 26 at its Enniskeane mill in west Cork.
Stora Enso grows profits
Monday, February 11, 2019 Stora Enso recorded a 63% growth in pre-tax profits to €1.2bn in 2018 (2017: €742m).
Setra reports growth in annual profits
Monday, January 28, 2019 Swedish wood products company Setra has reported a near doubling of annual operating profits to SKr310m, (2017: SKr159m) for 2018.
SCA Wood inaugurates new SKr80m Tunadal planing line
Tuesday, November 06, 2018 SCA Wood’s new SKr80m planing mill at Tunadal has been inaugurated.
Setra reports SKr287m operating profit
Friday, October 19, 2018 Swedish wood products company Setra is reporting an operating profit of SKr287m (2017: SKr107m) for the period January­September 2018.
Softwood exports grow, says latest report
Monday, October 08, 2018 Exports of softwood lumber from Russia, Germany and the Nordic countries have increased due to high demand for wood in Asia and Europe in early 2018, while Canadian exports fell to the lowest levels in five years, reports the Wood Resource Quarterly (WRQ).
GP Wood starts plans to rebuild fire hit Lissarda mill
Friday, August 03, 2018 Irish sawmiller GP Wood has initiated plans to rebuild its plant in Lissarda, which was badly damaged by a major fire on July 13.
Setra reports H1 growth in profit
Monday, July 23, 2018 Swedish wood products producer Setra has reported an operating profit of SKr233m (2017 H1: Skr90m) for the first half of 2018.
TTJ Regular Softwood Update
Thursday, July 19, 2018 UK softwood sales volumes quietened through June, but most traders found increased price levels cushioned the blow and their monthly results turned out to be an acceptable compromise between turnover and margin.
Bergs Timber conducts organisational changes
Monday, July 02, 2018 Swedish sawmiller Bergs Timber has announced organisational changes following its acquisition of Norvik Timber Industries’ Baltics and UK operations earlier this year.
Investors’ UK timber sector expansion continues with Rembrand Timber acquisition
Monday, July 02, 2018 Private investment group Cairngorm Capital Partners LLP’s timber industry portfolio has taken another leap forward with addition of Rembrand Timber, which is merging with its Thornbridge Sawmills business.

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