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Signals point to potential market improvement in the spring, says Sweden’s Bergs
Swedish wood products manufacturer Bergs says 2022 was a decent year despite the weak timber market in the final six months of the period.
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Swedish wood products manufacturer Bergs says 2022 was a decent year despite the weak timber market in the final six months of the period.
> read more
Austrian sawmiller Pfeifer completes takeover of Finnish producer
Austrian wood products giant Pfeifer has successfully completed the acquisition of the largest private wood processing company in northern Finland, Pölkky Oy.
Austrian wood products giant Pfeifer has successfully completed the acquisition of the largest private wood processing company in northern Finland, Pölkky Oy.
SCA reports 2022 annual results
SCA’s wood division saw a 30% fall in EBITDA in 2022 compared to 2021, which it blamed on lower selling prices and higher costs.
SCA’s wood division saw a 30% fall in EBITDA in 2022 compared to 2021, which it blamed on lower selling prices and higher costs.
Setra reports SEK-69m operating loss in Q4 2022
Swedish wood products company Setra has reported an operating loss of SEK-69m (2021 Q4: SEK369m) for Q4 of 2022.
Swedish wood products company Setra has reported an operating loss of SEK-69m (2021 Q4: SEK369m) for Q4 of 2022.
Stora Enso sees 7% dip in 2022 Wood Products division sales
Stora Enso’s Wood Products division saw a 7% sales decrease in the full year 2022, the company said in latest financial results statement.
Stora Enso’s Wood Products division saw a 7% sales decrease in the full year 2022, the company said in latest financial results statement.
TTJ to celebrate 150th anniversary in 2023
This year marks the 150th anniversary of the Timber Trades Journal (TTJ)!
This year marks the 150th anniversary of the Timber Trades Journal (TTJ)!
Net Zero roadmap for timber sector debuts
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.
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.
TDUK charts the shift in UK timber imports patterns
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.
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
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).
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).
PEFC Project first for Austrian CLT plant
Austria based timber products manufacturer Mayr-Melnhof Holz’s (MMH) new cross-laminated timber plant (CLT) has secured the world's first PEFC project certification for an industrial building of its size.
Austria based timber products manufacturer Mayr-Melnhof Holz’s (MMH) new cross-laminated timber plant (CLT) has secured the world's first PEFC project certification for an industrial building of its size.
London Softwood Club swells with numbers for annual luncheon
The London Softwood Club’s annual Christmas luncheon set a new attendance record on December 8 with around 190 people gathering together at new venue the Royal Horseguards Hotel in Whitehall Court.
The London Softwood Club’s annual Christmas luncheon set a new attendance record on December 8 with around 190 people gathering together at new venue the Royal Horseguards Hotel in Whitehall Court.
Bergs’ interim results reflect deteriorating economic situation
Sweden-based wood products producer Bergs Group has published its interim results showing how it is being negatively impacted by the deteriorating economic situation.
Sweden-based wood products producer Bergs Group has published its interim results showing how it is being negatively impacted by the deteriorating economic situation.
Setra posts interim results
Wood products company Setra has reported an operating profit of SEK231m (2021 Q3: SEK600m) for the third quarter of 2022. Net sales totalled SEK1.343bn (2021 Q3 1.56bn).
Wood products company Setra has reported an operating profit of SEK231m (2021 Q3: SEK600m) for the third quarter of 2022. Net sales totalled SEK1.343bn (2021 Q3 1.56bn).
View the TTJ Awards 2022 video highlights
The video and photo highlights of this year’s TTJ Awards 2022 are now available online.
The video and photo highlights of this year’s TTJ Awards 2022 are now available online.
Strike at US lumber giant
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.
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.
TTJ update: softwood market remains subdued
UK softwood trading has continued its subdued trend into August with supply far in excess of demand
UK softwood trading has continued its subdued trend into August with supply far in excess of demand
British Columbia’s falling timber availability prompts West Fraser to reduce output at BC facilities
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.
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
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.
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
Registration is now open for the 70th International Softwood Conference (ISC) taking place this year in Copenhagen on October 12-13.
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
The world’s largest OSB producer West Fraser has reported another strong set of results, posting adjusted EBITDA of US$762m for Q2.
The world’s largest OSB producer West Fraser has reported another strong set of results, posting adjusted EBITDA of US$762m for Q2.