News Archive
Archive of industry news from the global wood industryNews By Date
May 2023
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European wood-based panel production dips 5% in 2022, provisional stats suggest
European wood-based panels production fell by more than 6% in 2022 according to provisional figures released by the European Panel Federation (EPF) at the Interzum fair in Cologne.
Latvijas Finieris reports strong 2022 financial results
Latvijas Finieris Group has announced that its turnover reached €350m in 2022, which is 36% higher than the previous year, while EBITDA increased by 54% to €55.5m.
Ligna wows again after four year absence
The Ligna woodworking technology fair has ended in Hannover after 700 world premieres of machinery/technology and 80,000 visitors from across the world.
New partnership heralds big step forward in waste MDF recycling
PAL of the international wood manufacturing technology IMAL PAL GROUP has announced a new partnership with MDF Recovery (MDFR).
UPM Plywood division reports sales decrease
UPM Plywood has reported a fall in sales for Q1, 2023
Thebault Group invests €100m in new LVL site
Leading French plywood producer the Thebault Group has announced the creation of a €100m new LVL manufacturing unit.
Roseburg Announces Historic US$700m investment
Roseburg Forest Products has announced that it plans to invest US$700m over the next four years to upgrade and expand its panel manufacturing operations in Southern Oregon.
April 2023
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Wood-based Panel Symposium remains in Hamburg for 2023
After the success of the 12th European Wood-based Panel Symposium in October 2022, organisers have announced that the event will remain in Hamburg for the 2024 edition.
Bio-based particleboard launched in France
A French partnership of bio resin producer Evertree and wood-based panels manufacturer Seripanneaux have launched what they claim is the first 100% Made-in-France bio-based particleboard.
Egger takes over recycling company M+P Umweltdienste
Egger has acquired the German recycling company M+P Umweltdienste GmbH for an undisclosed sum.
New Metro Ply Group plant produces first board
The Metro Ply Group has produced the first board on its new Siempelkamp particleboard plant at the Surat Thani site, Thailand.
March 2023
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Arauco orders new MDF plant in Mexico
The Arauco Group has placed an order for a complete plant for the production of MDF in Mexico.
New Managing Director for Dieffenbacher Energy GmbH
Wolfgang Lashofer has taken over operational management of the former BERTSCHenergy and is new managing director of Dieffenbacher Energy GmbH.
Stora Enso partners with Polish plywood producer on lignin binder
Stora Enso’s lignin product – Lineo – is being used by Polish plywood manufacturer Paged to replace fossil-based glue in plywood.
LP reports US$1.4bn annual profits but sees slide in OSB price performance
Engineered wood products giant Louisiana Pacific Corporation (LP) has reported US$1.4bn earnings (adjusted EBITDA) for the full year 2022, with the final quarter of the year seeing a massive reverse in the OSB division’s performance.
February 2023
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Huber Engineered Woods drops Minnesota new OSB mill plan due to permit delays
Huber Engineered Woods says delays in gaining permits for a new OSB mill in Minnesota had led it to withdraw its plans there and switch to another US state instead.
Greenpanel buys third Dieffenbacher MDF plant
Indian MDF producer Greenpanel Industries Ltd is to install a new Dieffenbacher CEBRO thin-board line in Routhusuramala, Andhra Pradesh.
Smartech receives Egger order for four additional Smartwax Systems
Israeli-based Smartech, which develops innovative engineered systems to reduce raw materials use, has received a new order from Egger Group to deliver four additional Smartwax Systems in 2023 with an option for four supplementary systems in 2024.
West Fraser sees Q4 earnings dip, but healthy full-year results
The world’s largest OSB producer West Fraser saw a sharp moderating of its performance in the fourth quarter of 2002 as more challenging market conditions started to bite.
Arauco’s profits slip in Q4,2022
Chilean-based panel products manufacturer Arauco recorded a 30% reduction in Q4 2022 earnings compared to the previous quarter.
