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Ikea starts the process of selling Russian locations

Ernst & Young hunting buyer for a particleboard mill and three furniture plants

17 August 2022
|
Published in issue 33/2022
After temporarily suspending business activities in Russia and Belarus at the beginning of March 2022 and deciding to permanently exit these markets in mid-June, the Ikea Group has now started the process of divesting the...
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Companies

Rauch to axe 100 jobs in Freudenberg

Investor process initiated in April 2021 for plant 1 completed

17 August 2022
|
Published in issue 33/2022
Rauch Möbelwerke GmbH intends to axe around 100 jobs at its headquarters in Freudenberg. According to CEO Rainer Hribar, who succeeded managing partner Michael Stiehl in June 2022, the job cuts will mainly affect the...
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Companies

Thünen Institute reckoning with reduction in felling

17 August 2022
|
Published in issue 33/2022
The Biodiversity Strategy 2030 (EUBDS) published by the EU Commission in May 2020 can entail a significant reduction in felling. In its study entitled “Assessment of Possible Production Leakage from Implementing the EU...
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Roundwood/Sawnwood

Recent slight recovery in gluelam-board supply

Manufacturers to pass on increasing energy costs from autumn onwards

17 August 2022
|
Published in issue 33/2022
Restrictions in the supply of hardwood gluelam panels faced by many manufacturers since 2021 have improved slightly during the course of the summer so far. In the case of beech and oak panels, manufacturers do not necessarily have...
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Wood products

Companies finding varying alternatives to natural gas

Surface manufacturers switching to coal, thermal oil or liquid gas

17 August 2022
|
Published in issue 33/2022
Manufacturers of decor paper and other speciality paper, decor printers, finish foil producers and treater operators are far more affected by the current gas crisis than the wood-based panel industry. While most wood-based panel...
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Surfaces

Sharp downturn in demand trickling down to decor paper manufacturers’ workloads

Several machines to stand idle for one to two weeks in August

10 August 2022
|
Published in issue 32/2022
Mounting cutbacks in production at printers, foil manufacturers, treater operators and now at particleboard and MDF/HDF manufacturers too have slammed the brakes on demand for decor paper in recent weeks. During the second...
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Surfaces

Three major projects in Russia halted

10 August 2022
|
Published in issue 32/2022
As expected, the Fifth Package of Sanctions that the Council of the European Union adopted against Russia on 8 April has had an impact on investment activity within the Russian wood-based panel industry, as well. Exports of...
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Wood-based panels

WBP industry keeps scaling back production

10 August 2022
|
Published in issue 32/2022
A slump in demand that emerged for OSB before spreading to particleboard and MDF/HDF and mounting wood supply problems in many regions has meant that Central European wood-based panel producers faced growing production constraints...
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Wood-based panels

Reduction in West Fraser’s sawn-softwood output

Bottlenecks in logistics in western Canada eased to some extent recently

10 August 2022
|
Published in issue 32/2022
During the course of the second quarter of 2022, a total of 1.467bn bdft (April-June 2021: €1.555bn bdft) of sawn softwood was produced at the 34 sawmills of the Canadian wood-based panel and sawnwood manufacturer West Fraser...
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Companies

Egger to ramp up investments to around €400m

Wood-basedpanel production has risen by 1.6m m³ in two years

10 August 2022
|
Published in issue 32/2022
Egger Group, based in St. Johann, Austria, is poised to boost its investment activity towards €400m in the 2022/2023 financial year (30 April) after consolidation over the past two years. The single-largest projects are the...
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