Business

Canada grants Conifex Timber Inc. a $30 million loan via the LETL facility to help navigate market and trade pressures in Mackenzie, BC. Conifex Timber-Amid continuing trade disputes in the…

Stora Enso concludes negotiations on the permanent closure of Veitsiluoto sawmill Stora Enso has finalised discussions regarding the permanent shutdown of its Veitsiluoto sawmill located in Kemi, Finland. The production…

UK timber and panel product imports remained below last year’s levels during the first half of 2026, with weaker softwood and plywood volumes weighing on the market, according to the…

The global roundwood softwood market is facing a range of challenges, with projections indicating an annual growth rate of only about 0.5% through 2035, which is below expectations. The Global…

The current weakness in UK roundwood demand is real, but it is more complicated than simply “there isn’t enough demand for timber.” The main problem is that demand from the…

Tero Järvinen has decided to step down as Perttu Aho is appointed as the CEO of Nordic Traction Group Tero Järvinen has decided to step down as Chief Executive Officer…

In the face of a tough market, Ponsse saw a solid order intake and their manufacturing capacity remained robust. Ponsse 2026 report frorm 1st of January to 30th of June…

In an exciting move for the timber industry, the European sawmilling powerhouse Binderholz Group has announced its acquisition of Finnish sawmiller Kuhmo Oy. This strategic partnership promises to bolster Binderholz’s…

Britain should seize the prime minister’s pledge to implement the largest council housebuilding program since the post-war era as a chance to promote homegrown timber and revitalize the UK’s forestry…

Between January and May 2026, Sweden exported about 5.5 million cubic meters of sawn softwood products, the lowest volume recorded for this period since 2019.. Swedish Softwood exports of sawn…