Kronospan Luxembourg S.A. in a recent news release announced the successful production of its first panel of particleboard (PB) made […]
News in international markets
Brazilian Exports of Wood-Based Products Increase Year-Over-Year in May
Brazilian exports of wood-based products (excluding pulp and paper) increased 2.7% in value in May, the ITTO reported.
Australia’s Victoria State-Owned Government Forest Authority – VicForest – Officially Out of Business
It is official, as of Monday, July 1st, 2024, Australia’s Victoria’s state-owned government authority – VicForest no longer exists. The […]
European Wood-Based Panel Production Declined 6.3% in 2023
The European Panel Federation said European wood-based panel production declined by a “disappointing” 6.3% in 2023, Timber Trades Journal reported.
US-Based Carbon Sequestration Firm Running Tide to Shutdown Global Operations
US-based carbon sequestration firm Running Tide recently announced it will be shutting down its global operations, Iceland Review reported.
EU Countries Approve Nature Restoration Plan
On Monday, European Union countries gave final approval to a major and long-awaited plan to better protect nature in the 27-nation bloc, ABC News reported.
Metsä Group and ANDRITZ Consider Building a Carbon Capture Facility in Connection With a Bioproduct Mill
Metsä Group and the technology company ANDRITZ will jointly investigate the possibility of building a carbon capture facility in connection with the bioproduct mill.
UK Imports Down but Prices Stabilize in Q1, Timber Development UK Reports
Timber imports saw weaker volumes during Q1 than in 2023Q1, and greater price stability for many timber and panel products has continued in recent months, TDUK reported.
US Wood Pellet Exports Decline Month-Over-Month but Rise Year-Over-Year in April
The US exported 819,341.5 metric tons of wood pellets in April, down from 938,662.3 metric tons in March, a Biomass Magazine review of USDA data shows.
EU Formally Adopts Extension of Birch Plywood Antidumping Measures for Kazakhstan and Turkey
The EU has formally adopted the extension of anti-dumping measures on birch plywood imports to include those from Kazakhstan and Turkey, Timber Industry Magazine reported.