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Latest Sawmills Update

Strike at US lumber giant
15 September, 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.
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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
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.
SCA reports best-ever earnings
Wednesday, August 10, 2022 Swedish forest products giant SCA reported its highest earnings ever in the second quarter.
Woodbois achieves big revenue growth in half-year
Friday, August 05, 2022 Africa focused forestry and timber trading company Woodbois Limited has announced a 38% increase in revenues during the first half of 2022.
Paul Sinha to host TTJ Awards 2022
Thursday, July 21, 2022 Comedian and quiz show supremo Paul Sinha is this year’s host and guest speaker at the TTJ Awards.
TTJ Softwood Update: Low consumer confidence weighs on softwood market
Thursday, July 14, 2022 The solid softwood market is uncharacteristically quiet for this time of year, and buyers are reluctant to commit to volumes on the forward market while prices are under pressure. Most merchants attribute weakened demand to a collapse of confidence in the retail and DIY market.
Ghana wood export volume up, but value down
Thursday, June 23, 2022 Newly-released Ghana wood product export figures from the Timber Industry Development Division (TIDD) of the Forestry Commission for January to February 2022 show a 5% increase in export volumes but a decline of over 15% in export earnings compared to the previous year, according to the International Tropical Timber Organisation’s latest market report.
Stora Enso revises earnings forecast upwards
Wednesday, June 22, 2022 Stora Enso has revised its 2022 earnings forecast, saying it now expects full year 2022 operational EBIT guidance will be exceeded.
TTJ Awards voting ends today
Monday, June 20, 2022 Today is the last day of voting for the voted categories in the TTJ Awards 2022.
GreCon Ltd celebrates 30th anniversary
Thursday, June 09, 2022 GreCon Ltd has celebrated a significant milestone, with 30 years of business and commitment to the UK & Ireland market.
Ante Group to bring additional focus on UK market
Wednesday, June 01, 2022 German sawmiller the Ante Group is planning a fresh focus on the UK and Ireland timber market, with new recruits and initiatives designed to raise the profile of its longstanding brand.
TTJ Awards 2022 voting deadline is June 20
Friday, May 27, 2022 Votes are pouring in for this year’s TTJ Awards, with the voting period set to end on June 20.
Bergs predicts continued sawn wood market volatility
Friday, May 27, 2022 European wood products manufacturer Bergs Group predicts continued market volatility for sawn wood products after posting positive Q1 financial results.
Timber forum hears signs of reducing demand and consumer confidence
Friday, May 13, 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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