Koskisen announced that it is investing in a new thin plywood press at its thin plywood production unit in Hirvensalmi, Finland, increasing pressing capacity by approximately a quarter.
News in international markets
DIEFFENBACHER to Supply New Zealand’s Fletcher Building With Complete CEBRO OSB Plant
Germany’s DIEFFENBACHER received an order from New Zealand’s Fletcher Building to deliver a complete CEBRO plant for the production of Fine OSB.
Mühlböck to Install Its Largest Ever Belt Dryer at Moelven Group’s New Pellet Plant in Sweden
Moelven Group recently announced that it has commissioned Mühlböck to deliver a 320 m3 belt dryer for Moelven’s largest site in Sweden.
Victoria, Australia, Announces Expansion of Forestry Worker Support Program
The Victoria, Australia, government announced additional support for timber workers and their communities ahead of a looming industry shutdown, Sky News reported.
Koskisen Announces Additional Investment at Its New Sawmill in Järvelä, Finland
Koskisen Corporation announced that it was making an additional investment of EUR 15 million at its new sawmill located in Järvelä, Finland.
UK to Continue to Support Biomass Energy Even With Stronger Sustainability Rules
BNN Bloomberg is reporting that the UK government has said it will continue to support biomass energy, though it failed to provide specific details on how it would subsidize the country’s biggest utility using the fuel.
US Wood Pellet Exports Up Month-Over-Month and Year-Over-Year in June
The US exported 865,995.4 metric tons of wood pellets in June, up from 820,057.5 metric tons in May, according to the USDA and analysis by Biomass Magazine.
Chinese Companies Continue to Increase Sawn Timber Purchases via the Belarusian Universal Commodity Exchange
Between January and July, Chinese companies have increased purchases of sawn timber through the Belarusian Universal Commodity Exchange by approximately 2.5 times when compared to the same time period in 2022.
Brazilian Exports of Wood-Based Products Declined Year-Over-Year in June
According to the International Tropical Timber Organization (ITTO), in June, Brazilian exports of wood-based products (except pulp and paper) declined 39.0% year-over-year in value to US$292.0 million in June.
US Dept. of Commerce Adds Antidumping and Countervailing Duties to Certain Hardwood Plywood Products Exported From Vietnam
The US Department of Commerce recently issued its final determination that plywood exported from Vietnam using inputs sourced from China is a product of China and is therefore subject to the antidumping duty and countervailing duty orders on hardwood plywood exported from China.