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Latest Panel mills Update

European wood-based panel production dips 5% in 2022, provisional stats suggest
25 May, 2023
European wood-based panels production fell by more than 6% in 2022 according to provisional figures released by the European Panel Federation (EPF) at the Interzum fair in Cologne.
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Vote and enter TTJ Awards 2023!
Tuesday, May 23, 2023 Voting for this year’s TTJ Awards is firmly underway and the votes are rolling in across the wood product industry categories.
UPM Plywood division reports sales decrease
Tuesday, May 02, 2023 UPM Plywood has reported a fall in sales for Q1, 2023
Roseburg Announces Historic US$700m investment
Tuesday, May 02, 2023 Roseburg Forest Products has announced that it plans to invest US$700m over the next four years to upgrade and expand its panel manufacturing operations in Southern Oregon.
Voting is open in TTJ Awards 2023
Wednesday, April 19, 2023 Voting for this year’s TTJ Awards is firmly underway and the votes are rolling in across the wood product industry categories.
LP reports US$1.4bn annual profits but sees slide in OSB price performance
Tuesday, March 07, 2023 Engineered wood products giant Louisiana Pacific Corporation (LP) has reported US$1.4bn earnings (adjusted EBITDA) for the full year 2022, with the final quarter of the year seeing a massive reverse in the OSB division’s performance.
Huber Engineered Woods drops Minnesota new OSB mill plan due to permit delays
Friday, February 24, 2023 Huber Engineered Woods says delays in gaining permits for a new OSB mill in Minnesota had led it to withdraw its plans there and switch to another US state instead.
West Fraser sees Q4 earnings dip, but healthy full-year results
Friday, February 17, 2023 The world’s largest OSB producer West Fraser saw a sharp moderating of its performance in the fourth quarter of 2002 as more challenging market conditions started to bite.
Arauco’s profits slip in Q4,2022
Wednesday, February 15, 2023 Chilean-based panel products manufacturer Arauco recorded a 30% reduction in Q4 2022 earnings compared to the previous quarter.
Lumin plywood brand to build third plywood plant in Uruguay
Friday, February 10, 2023 Sustainable plantation-based plywood brand Lumin is to invest US$136m in a new plywood mill in Uruguay to expand production capacity to nearly 500,000m3.
TTJ to celebrate 150th anniversary in 2023
Tuesday, January 24, 2023 This year marks the 150th anniversary of the Timber Trades Journal (TTJ)!
Net Zero roadmap for timber sector debuts
Tuesday, January 24, 2023 A new timber industry net zero roadmap shows the timber supply chain is responsible for 1,575,356 tonnes CO2 equivalent (e) territorial emissions – which is about 0.35% of the UK total.
Dieffenbacher to supply continuous OSB line in rebuild of fire-hit Tolko High Prairie mill
Thursday, January 19, 2023 Tolko Industries Ltd has commissioned Dieffenbacher to supply the core components of a CEBRO smart OSB plant for its production facility in High Prairie, Alberta, Canada.
Egger Group predicts “subdued” second half of its financial year
Wednesday, January 18, 2023 Egger Group has closed the first half of its financial year with a 14% increase in consolidated turnover to €2.26bn but is predicting a “subdued” second half.
TDUK charts the shift in UK timber imports patterns
Wednesday, January 11, 2023 The latest timber import statistics from Timber Development UK (TDUK) chart a “considerable” shift in timber trading patterns in 2022, with the Republic of Ireland, Latvia, and China supplying significant volumes to the UK.
African mills feel the effects of reduced Chinese demand
Friday, December 16, 2022 African sawmill and plywood facility operators are encountering significant difficulties due to reduction in demand from the Chinese market, according to the latest bulletin from the International Tropical Timber Organisation (ITTO).
View the TTJ Awards 2022 video highlights
Tuesday, October 18, 2022 The video and photo highlights of this year’s TTJ Awards 2022 are now available online.
Wood-based panels manufacturers facing perfect storm this winter
Monday, October 17, 2022 Wood-based panel producers in Europe are likely to face a complicated winter due to the multiple challenges of reduced demand and increased energy and raw material/supply costs, a top industry executive told a 300-strong panel sector audience in Hamburg on October 13.
European panels sector gathers in Hamburg to hear latest on wood-based panels market movements
Wednesday, October 12, 2022 Hundreds of representatives from the international wood-based panels industry and technology suppliers to the sector gathered in Hamburg on Tuesday evening for the opening of the European Wood-based Panel Symposium.
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.

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