News in international markets

BTG Pactual Timberland Investment Group and Conservation International have reached a significant milestone in their Latin American reforestation strategy.

Finland has approved Stora Enso’s acquisition of Junnikkala, a Finnish producer of sawn timber and processed wood products.

Swedish forestry companies have had a tougher start to 2025 than expected, according to High North News, citing a report from the Swedish Forest Industries Federation.

The labor dispute between UPM Plywood in Finland and the Industrial Union remains unresolved, and the strike at UPM’s Finnish plywood mills will continue.

Brazilian exports of wood-based products (excluding pulp and paper) totaled $278.6 million in February, down 8.5% year-over-year, the ITTO reported.

Firefighters in Scotland are continuing to tackle a wildfire that has spread over a large area of forest in Scotland, The Guardian reported.

The US exported 796,490.2 metric tons of wood pellets in February, down from 825,269.9 metric tons in January, the USDA and Biomass Magazine reported.

Brazilian exports of wood-based products (except pulp and paper) in February decreased 8.5% in value year-over-year, the ITTO reported.

UPM Plywood and the Industrial Union have failed to reach an agreement on a new employer-specific collective agreement, UPM announced.