Miscellaneous

Cairngorm takes over more English builders’ merchants

04.11.2019 − By taking over the builders’ merchant Chandlers Building Supplies, Cairngorm Capital Partners is continuing its acquisition activities in the timber, building supplies, and construction element segments.» more

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Wood-based panel industry implementing CoC standard

31.10.2019 − Over the past few months, wood-based panel companies have started implementing ISO 38200:2018 to standardise information-sharing along the product chain (chain of custody, CoC). » more

Westag & Getalit relinquishes stake in AKP Carat

25.10.2019 − Westag & Getalit AG of Rheda-Wiedenbrück is selling the 49 % share it has held in the worktop manufacturer AKP Carat-Arbeitsplatten since the beginning of 2006 back to the company. » more

HolzLand: Centrally processed revenues increase by 2.7%

24.10.2019 − The timber trading cooperative HolzLand has reported adjusted centrally processed revenues of €622m at the end of the third quarter – a 2.7% year-on-year improvement.» more

Hornbach pressing ahead with expansion abroad

21.10.2019 − In the last few weeks, Hornbach Baumarkt has opened two more stores abroad.» more

Knauf wraps up purchase of AWI activities

21.10.2019 − Knauf International acquired activities in the EMEA region and Pacific rim from Armstrong World Industries (AWI) at the end of the third quarter. » more

New emission regulations increase freight rates

18.10.2019 − Since September shipping companies have announced surcharges on container freight rates. » more

Several transactions concluded by Saint-Gobain

16.10.2019 − Compagnie de Saint-Gobain has concluded the sale its specialist building materials retail division trading under the name of (SGBDD agreed by contract in mid-May, to Danish Stark Group on 30 September.» more

GreCon continuing to make Formators in Alfeld

14.10.2019 − In July, Fagus-GreCon Greten purchased the expertise for the segmented scalpers previously made by Binos after the latter firm filed for insolvency and subsequently discontinued operations.» more

Ghana: acceleration in timber export decline

14.10.2019 − In the second quarter the Ghanaian timber industry was confronted by a decline in its export volume of 19.0% to 71,315m³.» more

New issue of the English-language EUWID special

11.10.2019 − Today the meanwhile seventh issue of the English-language special edition "EUWID Special: Wood-Based Panels" will be dispatched.» more

Building permits decline for third consecutive month

10.10.2019 − In July building permits for dwellings in new residential buildings in Germany fell by 9.2% vis à vis the comparative month of last year to 27,410 units. » more

US housing starts recover somewhat up to August

09.10.2019 − In the USA housing starts in the twelve months up to and including August increased by 12.3% to 1.364m units by comparison with the twelve-month period up to July. » more

526 Media Group takes over Surface and Panel publisher

04.10.2019 − 526 Media Group concluded the acquisition of Bedford Falls Communications (BFC) at the end of August.» more

Cordes concentrating timber imports in Bremerhaven

27.09.2019 − The Cordes group is concentrating its timber importing activities. » more

Further decline in UPM-Kymmene’s plywood sales

27.09.2019 − After the minor reduction in the volume of sales in the last business year, the plywood deliveries of UPM-Kymmene have been fallen in 2019. » more

Homag shareholders receiving higher payments from Dürr

23.09.2019 − The cash compensation offer and the guaranteed dividend for shareholders of Homag Group are each being raised by 2 cents against the control and profit transfer agreement concluded in March 2015.» more

Temporary lay-offs at Raute have started

13.09.2019 − Finnish Raute scaled back the number of people working at its Nastola headquarters with effect from 1 September. » more

JAF eyeing 4.5% growth in revenues to €830m in 2019

11.09.2019 − Austrian JAF Group has set its sights on boosting revenues by about 4.5% to €830m in its 2019 financial year. » more

FSC reviews resumption of Vietnam Rubber Group

02.09.2019 − FSC International has agreed to talks with the Vietnam Rubber Group (VRG) about an end to the suspension implemented in 2015. » more

Home Depot suffered slight decline in earnings

30.08.2019 − In the second quarter of its 2019/2020 financial year (end of January), the US DIY group The Home Depot suffered a slight decline in earnings for the first time in quite some time.» more

Lumber Liquidators adjusts forecast for 2019 downwards

30.08.2019 − US flooring and timber trading company Lumber Liquidators has adjusted its forecast for the entire period of 2019 downwards. » more

Klöpferholz intends to invest around €35m

29.08.2019 − Timber wholesale company Klöpferholz is currently restructuring various sales and storage locations and, in parallel, making extensive investments.» more

CEO Sundström to leave Stora Enso

27.08.2019 − CEO Karl-Henrik Sundström yesterday informed the Board of Directors of Finnish Stora Enso of his intention to leave the company during the first quarter of 2020.» more

Holz-Her: Reid becomes President North American

26.08.2019 − Within the Weinig Group, Brett Reid was appointed President of the newly created North American region for Holz-Her.» more

Chinese companies snapping up fewer firms in Europe

21.08.2019 − A downturn in Chinese acquisitions in Europe that has emerged since 2017 actually intensified during the first half of 2019. » more

RAM: forest products operating loss deteriorates

19.08.2019 − Following an operating loss in the first three months of, the forest products business division of US wood group Rayonier Advanced Materials Inc. (RAM) plummeted even further into the negative zone.» more

Weinig posts record sales revenue of 463m € in 2018

14.08.2019 − At a total of roughly 463m €, Weinig group not only achieved 9.5 % growth in sales revenue against 2017 in its business year 2018 but reached a new record figure as well. » more

Nurminen: more frequent block trains to China from July

09.08.2019 − In the second half Nurminen Logistics is intensifying container train services between Helsinki and the Chinese city of Hefei.» more

Weyerhaeuser returns to profitability

09.08.2019 − Weyerhaeuser was back in the black with a US$128m profit in the second quarter of 2019 after booking a sizeable net loss of US$286m in the first three months. » more