Miscellaneous

H.B. Fuller to take over of Royal Adhesives & Sealants

18.10.2017 − US-American H.B. Fuller is aiming to take over Royal Adhesives & Sealants from American Securities. A corresponding agreement had already been announced on 4 September. » more

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Ghana’s timber exports still well below last year’s level

16.10.2017 − Wood imports from Ghana fell in the second quarter by 21.2% to 80,119 m³. Development in the second quarter was thus similar to that in the first in which a reduction of 21.4%. » more

Austrian wood industry’s foreign trade surplus up

12.10.2017 − At 4.16bn €, the foreign trade surplus of the Austrian forest and wood industry in 2016 was well above the long-term average and roughly 8% than last year. » more

Kadant acquires Nicholson and Valon Kone

20.09.2017 − The US plant manufacturer Kadant completed its acquisition of the Forest Products division from NII FPG, on 5 July. » more

Woodworking industry turnover growth levels off

20.09.2017 − Following higher rates of increase in the entire periods of 2014 to 2016, turnover of the German woodworking industry increased by 1.7% to €17.675bn in the first half of the year.» more

Timber trade’s mid-year sales revenue 1.7% up on last year

07.09.2017 − The results of the monthly business comparison performed by the German timber trade federation (GD Holz) show that the German timber trade slightly raised its sales revue in June by 1% against a year earlier.» more

Slump in new residential construction accelerating

01.09.2017 − The number of building permits issued in Germany continues on a downward path, although the downturn seen in the first quarter had picked up the pace by mid-year. » more

Westag & Getalit adjust results forecast for 2017

28.08.2017 − The trends in turnover which had already been seen in the first quarter at Westag & Getalit continued in the second quarter. » more

In the second quarter, positive trend continued at Raute

15.08.2017 − Finnish Raute again showed considerable increases in order receipts and turnover in the second quarter. » more

Fletcher Building dismisses CEO Adamson

14.08.2017 − On 20 July, following further losses in the Construction division, the board of directors at New Zealand Fletcher Building dismissed CEO Mark Adamson, who had held that position since October 2012. » more

Germany: Housing permits decreased by 3% in May

11.08.2017 − In May housing permits of 30,529 units were granted in Germany. This corresponds to a 3% decrease vis à vis the comparative month of the preceding year. » more

Södra Wood improves its key performance figures

05.08.2017 − Södra Wood generated positive key performance figures again in the second quarter. » more

Stagnation in sales in CRH building supplies segment

03.08.2017 − In its business year 2016, the sales revenue generated by the “Building materials distribution” division (BMD) of Irish CRH more or less matched that of the year before at €6.381bn. » more

Wolseley selling Silvan DIY chain to Aurelius

28.07.2017 − British Wolseley is to sell the Danish DIY chain Silvan to Aurelius Equity-Opportunities. » more

Slovakia can subsidise Mondi Ružomberok expansion

25.07.2017 − On 13 July, the European Commission approved the €49m subsidy of Mondi SCP's pulp mill in Ružomberok (Slovakia). » more

Spacva planning to invest around HRK60m by 2019

21.07.2017 − Croatian Spacva began implementing an investment programme in June this year after having announced it in March. » more

Versowood using break-bulk shipping to China

19.07.2017 − Finnish Versowood began break-bulk shipping of softwood timber to China at the beginning of May. » more

Kingfisher: Revenues in France decline again

18.07.2017 − Kingfisher closed out the first quarter of the 2017/2018 financial year (31 January) with turnover growth of 5.0% to £2.860bn. » more

Äänekoski pulp mill starting operation in mid-August

13.07.2017 − The pulp mill and biorefinery in Äänekoski, Finland, of the “Metsä Fibre” division of Metsä Group commences production operations in mid-August. » more

Koskisen group implementing restructuring measures

07.07.2017 − Finnish Koskisen group is implementing the restructuring measures it had announced at the beginning of May. » more

Sandvik disposes of Process Systems division to FAM

06.07.2017 − As part of on-going consolidation of its business divisions Swedish Sandvik is to sell its partial division Process Systems to Swedish Foundation Asset Management (FAM).» more

Active Energy Group to hive off Wood Fibre division

26.06.2017 − British Active Energy Group (AEG), which is listed on the London Stock Exchange, is planning to hive off its business division AEG Wood Fibre. » more

Housing completions up by 12.1%

23.06.2017 − In 2016, completions of apartments in new and existing residential and non-residential buildings in Germany increased by 12.1% to 277,691 units, and by 7.0% in terms of budgeted costs, at €74.3bn. » more

Resolute suffers net loss of Can$47m

18.06.2017 − Closure and start-up costs, as well as unfavourable currency-exchange-rate effects led in the first quarter to a sharp year-on-year deterioration in results figures at Canadian Resolute Forest Products. » more

Rayonier Advanced Materials out to take over Tembec

13.06.2017 − US-American Rayonier Advanced Materials (RAM) is aiming to take over Canadian Tembec for a total of $807m. » more

Hornbach group: growth in both subgroups

12.06.2017 − German Hornbach Group was able, once again, to continue the growth trajectory recorded in the previous 2016/2017 financial year (end of February). » more

In 2017, JAF eyeing growth of almost 5% in revenues

09.06.2017 − Austrian JAF group intends to deliver growth principally through its timber wholesale locations in 13 European countries in 2017. » more

Weinig group expecting even greater growth in sales

02.06.2017 − On the strength of the positive development in business in the first four months of this year, Weinigl is planning to achieve even greater growth in its business year 2017 than it has in the past few years.» more

German timber trade shows 3% growth in turnover

22.05.2017 − According to General Timber Trading Association (GD Holz) the German timber trade achieved year-on-year turnover growth in the first quarter of 2017 of a good 3%.» more

SCA Wood doubles operating result

15.05.2017 − Despite higher raw-material and logistics costs, the Wood division of Svenska Cellulosa Aktiebolaget (SCA) achieved growth in its EBITDA in the first quarter of 67% to SKR145m.» more