News in international markets

Danish lawmakers agreed on a deal to plant 1 billion trees and convert 10% of Denmark’s farmland into forest and natural habitats over the next two decades, AP reported.

The Council of the EU gave final approval to a regulation establishing the first EU-level certification framework for permanent carbon removals, carbon farming, and carbon storage in products.

Arauco, the world’s second-largest manufacturer of wood-based panels, has commissioned DIEFFENBACHER to supply an OSB plant to replace an existing MDF line.

Timber imports to the UK have continued to stabilize during 2024, following very similar patterns to those seen in 2023 for the first eight months of the year, TDUK reported.

The Egger Group recently announced a multi-stage investment to upgrade its 22nd plant located in Markt Bibart, Germany, Woodworking Network reported.

The US exported 898,128.2 metric tons of wood pellets in September, up from 775,296.1 metric tons in August, a Biomass Magazine review of USDA data shows.

ABC News featured Australian timber industry advocates calling for extra scrutiny after a quarter of products tested in a verification trial were found to be “potentially misleading.”

Ahlstrom, a fiber-based specialty materials company, has closed the sale of its Aspa pulp mill in Sweden to Sweden Timber, Packaging Gateway reported.

Brazilian exports of wood-based products (except pulp and paper) in September increased 20.0% in value year-over-year, ITTO reported.

Stora Enso announced that it has entered into an agreement to acquire 100% of the Finnish sawmill company Junnikkala Oy.