Miscellaneous

Chinese CSG Group has bought MAKA Systems

11.10.2018 − The listed Chinese company CSG Smart Sciene & Technology has acquired the CNC plant manufacturer MAKA Systems. » more

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Sveza completes preliminary design for pulp project

09.10.2018 − The Russian plywood and particleboard manufacturer Sveza Group has substantiated its plans to enter the pulp production market.» more

Jartek participates in Roséns Maskin

08.10.2018 − The Finnish engineering company Jartek has acquired an unspecified, notable stake in the Swedish sawn timber grading plant manufacturer Roséns & Co Maskin. » more

Mercer International to take over pulp producer DMI

08.10.2018 − With the acquisition of the activities of Daishowa-Marubeni International (DMI), Mercer International is increasing its pulp capacity by 645,000 tons to approximately 2.2m tons per year. » more

Russia: Wood industry production to increase significantly

02.10.2018 − The production volumes of the Russian forestry and timber industry are expected to increase significantly by 2030. » more

In July, construction order intake increased by 2.7%

02.10.2018 − Seasonally, working day- and price-adjusted order intake in the German construction industry increased by 2.7% in July compared with the same month of the previous year. » more

Auctus buys majority stake in Bürkle from Nimbus

01.10.2018 − Auctus Capital Partners is set to purchase a majority stake in the machinery and plant producer Robert Bürkle from the Dutch investment firm Nimbus. » more

Homag CEO Paasivaara appointed to Dürr Board

28.09.2018 − Pekka Paasivaara, CEO of Homag Group since mid-June 2015, will join the Board of Management of the superordinate Dürr Group on January 1, 2019. » more

German wood industry aiming to double sales growth

28.09.2018 − On the basis of the 3.0 % growth to 18.206m € achieved in sales revenue by the end of June, the German wood industry also wants to achieve a comparable growth in the year as a whole.» more

US housing starts increased by 9.2% in August

27.09.2018 − In the USA, housing starts in the twelve-month period up to and including August increased by 9.2% to 1.282m units compared with the twelve-month period up to and including July.» more

Germany: Building permits turned positive in July

24.09.2018 − In July, the construction of 30,181 apartments in new residential buildings was approved in Germany; this corresponds to an increase of 17.3% compared to the same month last year. » more

Kingfisher: Turnover up by 3.4% in second quarter

21.09.2018 − Kingfisher increased turnover in the first half of the current 2018/2019 financial year (31 January) by a total of 1.2% to £6.080bn. » more

USA to extend tariffs against China from 24 September

20.09.2018 − China began imposing additional duties on US timber imports in August.» more

Peri to set up plywood distribution in every country

20.09.2018 − All international subsidiaries of German Peri GmbH are to have a sales segment specialised in shuttering board and plywood products by 2020. » more

Bellesbumprom: Production and exports have risen

19.09.2018 − The companies belonging to the Belarusian wood and paper group Bellesbumprom increased production significantly in the first half of the year than in the same period last year. » more

Valmet wins contract from Burgo to rebuild PM 9

13.09.2018 − Italian Burgo Group awarded Finnish Valmet a contract to rebuild PM 9 in Verzuolo at the end of July. » more

Schoten elected as board chairman of Westag & Getalit

06.09.2018 − Matthijs Schoten, Joris Beerman and Stefano Mion were newly elected to the Supervisory Board of Westag & Getalit at the Annual General Meeting held on 31 August at the Rheda-Wiedenbrück headquarters. » more

Further increase in turnover at TABS Holland

03.09.2018 − Dutch Timber and Building Supplies Holland (TABS Holland), which emerged from the former PontMeyer, increased its net sales by 7% to €373m in the first half of the year.» more

The Home Depot increased sales and earnings

30.08.2018 − The Home Depot increased its sales by 8.4% to US$30.463bn in the second quarter of fiscal 2018/2019 (end of January).» more

Turkey imposes additional duties on US timber imports

28.08.2018 − With its publication in the Official Journal on 15 August, Turkey imposed additional duties on US imports. » more

Stockfish becomes new CEO of Weyerhaeuser

28.08.2018 − Effective January 1, 2019, Devin Stockfish will succeed Doyle Simons as CEO of Weyerhaeuser. » more

High reference values push order intake into minus

27.08.2018 − According to the Federal Statistical Office (Destatis), the seasonally, working day and price-adjusted order intake in the construction industry in June was €7.4bn, 4.3% lower than in the previous month.» more

RISI owner Euromoney acquires Random Lengths

22.08.2018 − At the beginning of August, Euromoney Institutional Investor acquired the business information service Random Lengths, which focuses primarily on price reports for sawn timber and wood-based panels.» more

Housing permits fall short of previous year's figure by 8.8%

17.08.2018 − In June, housing permits in Germany fell by 8.8% year-on-year to 25,178 units. This means that the opposite trend of the previous months is continuing. » more

Order intake at Homag has fallen by 14%

12.08.2018 − The Homag Group received orders worth a total of € 286.1m in the second quarter. » more

Pfeifer expands works at Lauterbach, Chanovice and Imst

10.08.2018 − In addition to the already known investments in Schlitz (CLT-plant), Chanovice (pellets and formwork panels) and Kundl (plant headquarters), Austrian Pfeifer Group yesterday announced additional investments.» more

Biesse significantly increased sales and earnings again

08.08.2018 − The Italian machine and plant manufacturer Biesse increased its sales by 7.5% to €356.0m in the first half of the year compared to the same period last year. » more

Burgo converts PM 9 to containerboard production

03.08.2018 − The Italian paper group Burgo Group will convert PM 9 at the Verzuolo mill from LWC to the production of recycled corrugated case materials by the end of 2019. » more

Opposing sales trends at Westag & Getalit

31.07.2018 − In the second quarter, Westag & Getalit AG's sales developed in the opposite direction in the two business divisions as well as in Germany and abroad. » more

Weyerhaeuser continues to benefit from high OSB prices

30.07.2018 − US-American Weyerhaeuser Group increased its OSB sales in the second quarter by 19% year-on-year to US$509m.» more