News in international markets

An expected increase in new forestry activity in Ireland could inject more than €27 million (US$28.39 million) into the rural economy next year, the Irish Independent reported.

Sveaskog and Mellanskog announced that they have signed a letter of intent regarding the sale of Sveaskog’s holding in Setra Group to Mellanskog.

Greenply Industries announced a temporary shutdown of manufacturing operations at the MDF plant of its wholly owned subsidiary, Greenply Specialty Panels Private, CNBC-TV18 reported.

Canfor has increased its ownership of VIDA to 77% by acquiring an additional 7% of outstanding shares from minority shareholders.

USNR recently shared that is has acquired Sågteknik i Södermanland, a sawmill technology company in Sweden.

Timber Development United Kingdom (TDUK) released its Q3 2024 timber import volumes report on December 6, 2024. The report highlights […]

The US exported 839,226.4 metric tons of wood pellets in October, down from 898,128.2 metric tons in September, a Biomass Magazine review of USDA data shows.

Metsä Group has decided to close down the operations of the birch plywood mill by the end of 2025Q1, and operations at the spruce plywood mill will end by the end of 2026 at the latest.

The UK is expected to import a record 9.641 million metric tons of wood pellets in 2024, Biomass Magazine reported.