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Latest Sawmills Update

Signals point to potential market improvement in the spring, says Sweden’s Bergs
08 February, 2023
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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Austrian sawmiller Pfeifer completes takeover of Finnish producer
Monday, February 06, 2023 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
Monday, February 06, 2023 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
Monday, February 06, 2023 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
Thursday, February 02, 2023 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
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.
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).
PEFC Project first for Austrian CLT plant
Thursday, December 15, 2022 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
Tuesday, December 13, 2022 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
Thursday, November 10, 2022 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
Tuesday, November 01, 2022 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
Tuesday, October 18, 2022 The video and photo highlights of this year’s TTJ Awards 2022 are now available online.
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.
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.

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