All articles by spowney
spowney
TTF says stability returns to UK timber supply chain
The UK’s leading timber industry representative body – the Timber Trade Federation (TTF) – says the industry will enter a period of greater stability in 2022 following a year of record imports.
Binderholz completes BSW acquisition
Binderholz Group has announced the completion of its acquisition of BSW Timber Ltd.
MMH acquisition of Bergkvist Siljan set for Q1 completion
The latest mega takeover in the European sawmilling industry – Mayr-Melnhof Holz (MMH) Holding’s acquisition of Sweden’s Bergkvist Siljan – is expected to be completed during the first quarter of 2022.
Woodsafe makes acquisition in Sweden
Woodsafe Timber Protection has acquired the Rescue Services fire testing ground site in Västerås, Sweden.
Arbor Forest Products posts £17.7m annual pre-tax profits
Major UK timber importer and distributor Arbor Forest Products saw its pre-tax profits almost treble to £17.7m for the year ended March 31, 2021, according to its annual full accounts posted at Companies House on December 29.
Huws Gray completes £520m purchase of Grafton traditional merchanting business
Grafton Group plc completed the divestment of its traditional merchanting business in Great Britain on December 31, 2021.
Softwood e-update: Overstocks and lower prices the order of the day
As imports continued to pile into the UK through September and October, the on-the-ground demand for softwood hit a brick wall leaving most stages of the supply chain over-stocked, writes TTJ’s Softwood Specialist.
Dieffenbacher hits €400m sales in 2021
German wood-based panels production technology manufacturer Dieffenbacher has posted annual sales of €400m for 2021 and expects further growth in the coming years through its focus on sustainability and digitalization
Holmen to invest SEK400m to increase value-adding and capacity at Iggesund Sawmill
Swedish sawmiller Holmen is investing SEK400m to increase production at its Iggesund Sawmill by 20% as well as adding construction timber on top of its joinery products range.
ABP opens news timber terminal at King’s Lynn
Associated British Ports (ABP) has officially opened its Vancouver Timber Terminal at the Port of King’s Lynn.