Following an almost two-week production stop, the Italian plywood manufacturer Reni Ettore, which has run into financial difficulties, resumed production at a further reduced level on 30 October 2012. Sources close to the company report ...
Tags: market view, plywood
Central European particleboard markets turned out to be much weaker than expected in September and October. Particleboard manufacturers’ order intake had gradually improved during September. However, this improvement in demand was ...
Tags: market view, particleboard, demand
Irrespective of what will probably be a 10% lower output of softwood lumber this year, forest owners in Austria were still registering consistently heavy demand for softwood sawlogs at the end of October. The majority of the sawmills are ...
Tags: market view, Softwood log
Weinig will extend its product range, which is primarily aligned to machinery and lines for the processing of solid-wood, by an own double-end tenoner. The relevant basic decision had already been made in 2010. Development and design were ...
Tags: market view, solid wood
Klenk Holz is launching a new search for investors and has taken Dr Hans Peter Dohmen, the new chief restructuring officer (CRO), on board for this purpose. The declared aim of the procedure is to find a buyer in the framework of a share ...
Tags: market view, wood
Whereas development in prices for softwood logs was stable in Norway in August and September, those for industrial soft and above all industrial hardwood continued to fall below the previous months’ levels. Data from the Norwegian ...
Tags: market view, hardwood
Export turnover at Westag & Getalit declined further in the third quarter of 2012. Following a minus of 1.6% in the first half of the year, the nine-month period from January to September showed a fall of 2.1% to €37.1m. In contrast to ...
Tags: market view, Westag&Getalit
On 26 October 2012, the Swedish Setra Group announced a reduction in sawing at its Vimmerby pine sawmill from two-shift to one-and-a-half shift operations until further notice. As a result, the mill‘s annual performance will be down ...
Tags: market view, sawmill
The conspicuous growth in incoming orders since the fourth quarter of 2011 has been increasingly reflected in the Finnish machinery producer Raute's turnover figures since the third quarter of 2012. At 9.9m (Jan. -Sept. 2011: 21.6m) ...
Tags: market view, timber
Finnish timber-giant UPM-Kymmene achieved an improved operating profit of m in its Forest and Timber business division in spite of lower sales and shipments in the third quarter. Without consideration of extraordinarycosts for the ongoing ...
Tags: market view, timber
According to estimates made by the Federation of the European Parquet Industry (FEP), the trend on European parquet markets in recent months has tended to weaken slightly. At its last meeting on 17 October in Brussels, the federation's ...
Tags: market view, Parquet
In the UK, prices for British and imported softwood lumber had stabilised at a low level by the end of October. Owing to slack demand and an inflated supply, prices had been under pressure since July. Business is generally being shaped by ...
Tags: market view, lumber, price
The US flooring group Mohawk Industries is to acquire the Pergo European and North American laminate flooring operations from Pfleiderer. The share deal encompasses Pergo LLC and Pergo AB as well as patent rights pooled in Pergo’s ...
Tags: market view, flooring
Huntsman Corporation reported third quarter 2012 results with revenues of $2,741 million and adjusted EBITDA of $401 million. Peter R. Huntsman, our President and CEO, commented: "Our third quarter 2012 Adjusted EBITDA of $401 million ...
Tags: Huntsman, polyurethanes, EBITDA, chemicals
The slight reduction emerging in demand for medium assortments of oak lumber since the middle of September continued unabated in the first two weeks of October and even gathered pace in some places. The delivery volumes of these assortments ...
Tags: market view, oak lumber