News in international markets

Acon Timber, a joint venture between HS Timber Group and Forestcape Group, has commissioned a new sawmill in Argentina.

Pfeifer Group has optimized manufacturing at its sawmill in Chanovice, Czech Republic, and its CLT facility in Schlitz, Germany, according to the Timber Trades Journal.

Western Australia’s Forest Management Plan 2024–33 will be bolstered with a $67.2 million (AUD) investment over the next four years.

According to an investigation by NGL Media, Russia’s war against Ukraine has destroyed more than 60,000 hectares of forests amounting to US$360 million, The Kyiv Independent reported.

Timber import volumes in the UK started 2024 down 6%, or about 45,000 m3, year-over-year, Timber Development UK reported.

The US exported 696,692.9 metric tons of wood pellets in February, down from 742,824.6 metric tons in January, Biomass Magazine and the USDA reported.

China’s real estate troubles are likely far from over, according to a report by KKR featured by CNBC.

Stora Enso confirmed to EUWID Pulp and Paper that it had restarted its Varkaus mill earlier this week. The mill was idled due to the strikes in the Finnish logistics sector.

Brazilian exports of wood-based products (except pulp and paper) increased 16.0% year-over-year in value in February, the ITTO reported.