Drax announces 350 job cuts in UK and US
Power giant Drax announces 350 job cuts in UK and US in major restructuring Drax Group, a prominent power company, has announced a significant restructuring initiative that will result in…
Canada’s Forest Sector Facing A Tough Year
A federal task force announced earlier this month will attempt to save Canada’s stricken forest industry from further decline through product and market diversification. Canada’s Forest Sector- A federal task…
Ingka Investments (IKEA) completes forestland acquisition from Södra
Ingka Investments, the world’s largest IKEA retailer, has integrated 152,000ha of Södra’s forest assets in Latvia and Estonia. Ingka Investments, the investment arm of Ingka Group, has completed the acquisition…
Glennon Brothers Acquires Hereford Sawmilling Group
Glennon Brothers has announced the acquisition of the Hereford-based Pontrilas Group, adding £120m of turnover to its business. Glennon Brothers has announced the acquisition of the Hereford-based Pontrilas Group, adding…
BSW Group Strengthens its Position in UK Forestry
BSW Group strengthens 2026 position with major investments across fleet BSW Group, the UK’s largest integrated forestry and timber business, and a member of Binderholz, has made significant investments across…
Huws Gray takes over timber yard which collapsed into administration
Huws Gray has launched its own timber merchants in Ayr, at the site formerly operated by National Timber Group (NTG) under its Thornbridge brand. Photo Huws Gray Huws Gray has…
German Timber Prices Rise Sharply in 2026
German Timber Prices are Rising Sharply and Sawmills pay forest owners new record prices On the timber market, German Timber prices for spruce and pine in 2026 are higher than…
Three former Ethical Forestry Ltd directors admit to £70million fraud
Three former directors of Ethical Forestry Limited plead guilty following a Serious Fraud Office (SFO) investigation into a £70 million investment scheme fraud. Former Ethical Foreetry Ltd Directors, Matthew Pickard,…
ResourceWise-2026 Predictions for Pulp, Paper, and Forest Products
ResourceWise provides an analysis of their key insights and forecasts regarding the anticipated performance of global forestry in 2026. ResourceWise-The pulp, paper, and forest products industry endured another year of…
National Timber Systems Rescued from Administration
National Timber Systems is Rescued from Administration and 160 jobs are saved National Timber Systems, a once-thriving entity in the timber industry, faced a significant downturn and ultimately collapsed last…