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Article archive

Inwido: Slight turnover growth in fourth quarter

In the fourth quarter of 2015, Inwido AB, Malmö, the Swedish producer of doors and windows, showed renewed growth in turnover similar to that seen in the third quarter, at roughly 3.5% to SKR1.470bn (Oct.-Dec. 2014: 1.421bn). However,... more


Moody’s and Standard & Poor’s

upgrade Pfleiderer’s rating

Following the conclusion on 20 January 2016 of the takeover of all shares in Pfleiderer GmbH, Neumarkt (Germany), by Pfleiderer Grajewo S.A., Grajewo (Poland), Moody’s Investor Service and Standard & Poor’s Ratings Services... more

EU Commission OKs merger

of CF Industries and OCI

The Directorate-General for Competition of the European Commission has raised no objections to the planned merger of important partial divisions of the Dutch company OCI N.V., Amsterdam, with the US-American fertilizer producer CF Industries... more

Accsys says BP Ventures to join Tricoya consortium

The British oil company BP plc of London is planning to participate in the construction of the world’s first Tricoya plant for manufacturing acetylated woodchips through its holding company BP Ventures (BPV). This was announced by the... more

Arauco and Sonae Industria

register transaction

On 2 February 2016, the South American wood and pulp concern Celulosa Arauco y Constitutión, Santiago de Chile, and Sonae Industria SGPS S.A., Maia (Portugal), registered the establishment of a joint venture previously announced at the... more

Alno: Reorganisation to result in about 60 job losses

The kitchen company Alno AG, based in Pfullendorf, is to shed about 60 administrative positions at its three locations in Pfullendorf, Enger and Coswig (all in Germany) in connection with a structural reorganisation launched last year. These... more

Norbord to almost double OSB capacity

in Inverness over the next two years

The Canadian OSB manufacturer Norbord Inc., based in Toronto, Ontario, intends to finalise a replacement project in Morayhill near Inverness, Scotland over the next two years. This work had long been planned but was shelved when Norbord merged... more

Sawmills increasingly diverting shipments to

Italy due to lack of orders from North Africa

As the sales situation in the countries of North Africa and the Middle East has only improved for a few Austrian sawmills in the last two months, businesses without any follow-on contracts for these regions are still endeavouring to boost their... more

Softwood prices rolled over in Spain until end of March

The prices that had applied for spruce and pine lumber in the fourth quarter have generally been rolled over in the contracts concluded in December for volumes scheduled for delivery this quarter. Besides delivery of the volumes under contract,... more

Softwood log prices holding steady in the UK

Softwood log prices in the UK are steady at the beginning of the new year at the low level they had reached by December. Prices for softwood sawlogs have fallen by 15-20% since March 2015. The cause of the price decay is the surplus in the... more