Miscellaneous

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

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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

Slight reduction in Siempelkamp’s receipts of orders

05.08.2019 − The orders received by the “Machine and plant engineering” division of G. Siempelkamp in its business year 2018 remained slightly short of the previous year’s figure at 594.8m €.» more

7.9% decline in housing construction approvals in May

05.08.2019 − In May building approvals for dwellings in new residential buildings in Germany dropped by 7.9% vis à vis the comparative month of the preceding year to 26,265 units. » more

CRH: third divestment in building materials division

05.08.2019 − The sale of the Europe Distribution business division to USA private equity company Blackstone Group L.P., which was agreed in mid-June, is the third largest divestment for CRH within the last two years. » more

Results forecasts adjusted by Homag and Dürr

01.08.2019 − According to the provisional figures published by Homag Group on 22 July, the development in receipts of orders in the second quarter was also poorer than expected.» more

Vyncke’s receipts of orders doubled in 2018

29.07.2019 − The power plant manufacturer Vyncke Energietechniek more than doubled its receipts of orders in 2018 against those of a year earlier to 187.8m €. » more