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Latest Sawmills Update

Timber forum hears signs of reducing demand and consumer confidence
13 May, 2022
Signs of reducing demand and falling consumer confidence were reported at the most recent Builders Merchants Federation (BMF) Timber Forum in London.
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Stora Enso’s wood products division posts record Q1 results
Thursday, April 28, 2022 International forest product manufacturer Stora Enso has posted record Q1 earnings in its wood products division thanks to significantly higher prices than a year ago.
Russia-Ukraine conflict impacts may lead to European sawmillers’ limiting overseas exposure to fewer markets
Wednesday, April 27, 2022 Softwood market conditions influenced by ramifications of the Russia-Ukraine conflict could result in European sawmillers limiting their overseas exposure to fewer markets that fit their product mix and risk tolerance, according to the latest bulletin from Wood Resources International (WRI).
Stora Enso divests its sawmills and forest operations in Russia
Monday, April 25, 2022 Stora Enso has entered into an agreement to divest its two sawmills in Russia.
Global woodworking technology show to make a 2022 return
Thursday, April 21, 2022 One of the world’s leading woodworking technology exhibitions – Xylexpo – will be making a return in 2022 after a four-year enforced absence due to the coronavirus pandemic.
James Jones’ Forres site expansion project supported by HIE funding
Wednesday, April 20, 2022 Plans to develop a new timber manufacturing and processing facility in Forres, Moray, have secured up to £279,000 Green Jobs Fund investment from Highlands and Islands Enterprise (HIE).
TTJ Awards 2022 voting launches on April 6
Tuesday, April 05, 2022 Voting has got underway for the 26th annual TTJ Awards – the UK’s own timber industries awards event.
UK Government applies 35% additional import tariffs on Russian wood products
Monday, March 28, 2022 The UK government has added a 35% additional import tariff on Russian and Belarusian wood products.
TDUK releases market statement on supply and demand situation
Wednesday, March 23, 2022 Timber Development UK has released a market statement to provide greater clarity on the current supply and demand situation.
Norra Timber records positive 2021 results
Monday, March 21, 2022 Swedish sawmiller Norra Timber says it recorded a sensational 2021, recording operating profits of SEK1.04bn.
German sawmilling industry calls for boost in local wood sourcing in light of Ukraine war
Friday, March 18, 2022 Germany’s Sawmilling and Timber Industry Association (DeSH) has called for the strengthening of local raw wood material supply chains and secure energy supplies against the background of the Ukraine conflict.
TTJ Awards 2022 will take place on September 30 at the InterContinental Park Lane
Wednesday, March 09, 2022 The 2022 TTJ Awards will take place at The InterContinental Park Lane, London on September 30.
Scottish timber traders turn out in force in Edinburgh for STTA dinner
Monday, March 07, 2022 The Scottish Timber Trade Association (STTA) had a successful first dinner since the Covid-19 pandemic started, with 175 people attending the March 4 event in Edinburgh.
Stora Enso stops production and sales in Russia
Friday, March 04, 2022 Stora Enso has announced that it will stop all production and sales in Russia until further notice due to the ongoing invasion in Ukraine.
Finland makes biomaterial investment a core component of economic future
Thursday, March 03, 2022 Finland’s Technical Research Centre (VTT) says the country’s cutting edge bioeconomy innovations are proving a central component of the country’s transition to a circular economy.
Pfeifer Group has large investment plans across business
Monday, February 28, 2022 Austria-based sawmiller and engineered timber products manufacturer Pfeifer Group is celebrating the 30th year of its Uelzen site in Germany with large investment plans.
Mercer Timber Products sees strong financial performance
Monday, February 28, 2022 International forest products group Mercer International’s wood product operations recorded stellar results in Q4, 2021.
Timber import volumes showing a return to regular winter pattern, says TTF
Friday, February 04, 2022 Timber and panel product import volumes continued to show a steady decline in Q4 2021 as more regular demand returns to the market, according to the latest Timber Trade Federation (TTF) statistics.
James Jones acquires majority share in Australian sawmiller and CLT manufacturer
Wednesday, February 02, 2022 UK-based sawmilling group James Jones & Sons Ltd has acquired just under 60% of the shares in Mayflower Enterprises Pty Ltd in Australia, the holding company of Hyne Timber and XLam.
Setra says prices stabilise at relatively high level after Q4 downturn
Tuesday, February 01, 2022 Sweden-based wood products company Setra has reported a 2021 annual operating profit of SEK1.58bn (2020: SEK117m).

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