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Stay up to date with the latest companies news in the global timber industry

Latest Companies Update

TTJ Awards 2022 ready for launch on Friday
29 September, 2022
Winners of prominent trader prizes in the longstanding UK wood products industry event the TTJ Awards 2022 will be unveiled shortly after 2pm on Friday.
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Strike at US lumber giant
Thursday, September 15, 2022 Staff at one of the biggest timber companies in the US walked out on strike on September 13 after the failure of contract negotiations, according to KPTV.
Timber company fined £80,000 after work fall
Monday, September 12, 2022 A Devon-based timber company has been fined £80,000 after an employee fell through a stairwell while working on a barn conversion.
Wood Awards announces shortlist for 2022
Friday, September 02, 2022 The Wood Awards 2022 shortlist has been announced, revealing a stunning array of British architecture and product design using wood.
TTJ Awards gearing up for action on September 30
Friday, September 02, 2022 The TTJ Awards 2022 is gearing up for action, with just four weeks until the event at the InterContinental London Park Lane.
TTJ update: softwood market remains subdued
Tuesday, August 30, 2022 UK softwood trading has continued its subdued trend into August with supply far in excess of demand
Beesley & Fildes invests £1.2m in Widnes timber mill
Monday, August 29, 2022 Family-owned builders’ merchant group Beesley & Fildes has invested £1.2m in its timber milling facility in Widnes in response to increase demand for both timber stock items across the company’s branch network and bespoke orders.
Dexco posts Q2 results
Monday, August 22, 2022 Brazilian wood-based panels manufacturer Dexco (formerly known as Duratex) saw its wood division reported a dip in earnings and production volumes in Q2, compared to a year ago.
British Columbia’s falling timber availability prompts West Fraser to reduce output at BC facilities
Friday, August 19, 2022 Timber shortages in British Columbia have been partly blamed for West Fraser’s decision to curtail production at two sawmills and a plywood plant in the province.
Nordic sawmillers post record results but signal caution on autumn market dynamics
Tuesday, August 16, 2022 Nordic sawmillers have reported some record-breaking financial results in recent weeks but are signalling that some highly uncertain times may lay ahead for markets in the autumn.
International Softwood Conference prepares for Copenhagen event
Tuesday, August 16, 2022 Registration is now open for the 70th International Softwood Conference (ISC) taking place this year in Copenhagen on October 12-13.
West Fraser posts another strong set of results
Tuesday, August 16, 2022 The world’s largest OSB producer West Fraser has reported another strong set of results, posting adjusted EBITDA of US$762m for Q2.
Mercer aims to be Germany’s largest pallet producer with HIT takeover
Monday, August 15, 2022 Mercer International Inc is set to significantly expand its solid wood operations by announcing plans for a €270m acquisition of Holzindustrie Torgau (HIT).
Egger Group posts exceptional results and announces management changes
Monday, August 15, 2022 Egger Group closed the financial year with sales of €4.23bn, a 37% growth on the previous year, the company said in its latest trading statement.
Swiss Krono MagnumBoard extends soundproofing modules and achieves new fire certificate
Wednesday, August 10, 2022 Swiss Krono has issued updates on the sound and fire performance of its MagnumBoard product.
LP EWP business sale completed
Wednesday, August 10, 2022 LP Building Solutions has announced the completion of the sale of its engineered wood products (EWP) business to Pacific Woodtech for US$210m.
SCA reports best-ever earnings
Wednesday, August 10, 2022 Swedish forest products giant SCA reported its highest earnings ever in the second quarter.
New world-beater mass timber building completed
Wednesday, August 10, 2022 A new apartment building in the US has been declared the world’s tallest mass timber building.
Countryside Partnerships closes new timber frame factory
Monday, August 08, 2022 Despite a stated policy of investing in MMC for its new housing, nationwide housebuilder Countryside Partnerships is shutting its most recently opened timber frame house factory in Leicestershire.
Importers and buyers of birch ply warned about circumventing ban on Russian wood
Monday, August 08, 2022 Timber Development UK (TDUK) has warned importers and buyers of birch plywood to ensure they don’t fall foul of sanctions on Russian wood, after it emerged that product containing Russian birch is being traded illegally through alternative trade channels.

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