All articles by Stephen Powney

Stephen Powney

Stora Enso pre-close Q4 2024 update outlines non-cash impairments of €724m

Stora Enso has signalled that it will record non-cash impairments of approximately €724m million in its IFRS operating result in the fourth quarter of 2024. 

FEP welcomes proposed European duties on Chinese parquet imports

The European Parquet Federation (FEP) has welcomed the European Commission’s proposed provisional anti-dumping duties on imports of parquet from China.

MiTek new European centre of operations building construction underway

Construction is underway on a new European state-of-the-art centre of operations for MiTek in Worcester.

Trio of companies granted Royal Warrant

A kitchen manufacturer, a timber merchant and a manufacturer of timber gates and fencing are among companies to be granted the new Royal Warrant of Appointment to The King.

Group predicts UK housebuilding growth delayed until second half of 2025

A return to housebuilding growth is unlikely until the second half of 2025, according to the latest statement from the UK Construction Leadership Council’s Material Supply Chain Group.

UK builders merchant sales show month-on-month sales bump in October

The most recently available UK builders’ merchant sales statistics – for October 2024 – showed a +7.3% month-on-month increase, according to the latest Builders Merchant Building Index (BMBI) report.

BSW unveils investment and expansion plans for Melton businesses 

BSW Group has announced a significant investment in its BSW Timber Solutions and Bayram Timber sites in Melton, near Hull, where it will be expanding production operations and enhancing IT infrastructure.

Tweddle acquired in MBO

Timber treatment technology specialist Tweddle Holdings and its subsidiary holdings have been acquired in a management buyout.

TDUK to hold Timber Design Conference on July 3, 2025

Timber Development UK (TDUK) will hold its annual Timber Design Conference on July 3, 20025 at Hamilton House in London.

Accsys Technologies reports improved financial results and closure of Hull plant

Accsys Technologies Plc, the producer of Accoya modified wood, has recorded improved interim financial results and confirmed the closure of the Hull Tricoya plant.