Wood Markets News


Koskisen Oy Investing in Kärkölä, Finland Sawmill

Koskisen Oy has entered into a supply agreement with Hekotek AS for new sawmill equipment to be delivered to their new wood processing unit in Kärkölä, Järvelä, Finland. Koskisen’s production facilities in Järvelä form Finland’s biggest mechanical wood processing integrates, where almost 100% of the wood raw material is used in its own processes.

Bureau of Economic Analysis Reports Real GDP in Q4 2021 Increased at an Annual Rate of 6.9% In Its “Third and Final Estimate”

The Bureau of Economic Analysis (BEA) released today (3-30-21) its “third” estimate of real gross domestic product (GDP) for Q4 2021. According to the BEA, in Q4 2021 the GDP increased at an annual rate of 6.9%. For all of 2021, real GDP increased 5.7%, unrevised from the second estimate, in contrast to a decrease of -3.4% in 2020.

Skelleftea, Sweden Tackling the Climate Crisis One New Building at a Time

Skelleftea, a city in Sweden, is tackling the climate crisis one newbuilding at a time by bucking the trend of the customarily carbon-heavy construction industry. One such example is the new Sara Culture Centre that opened its doors is September 2021. Those behind the Sara Cultural Centre—the second tallest wooden tower in the world—claim the skyscraper will capture nine million kilograms of carbon dioxide throughout its lifetime