Panels - Market news and analysis

12 hours ago

Metsä Group raises its result guidance for the 4Q

Metsä Group raises its result guidance for the 4Q 2017, which was announced in the interim report for January - September 2017.The previous guidance was: Metsä Group’s comparable operating result is in the 4Q 2017 expected to be to be roughly at the same level as in the 3Q 2017.The new guidance is: ...
13 hours ago

Metsä Wood to invest Euro 52 million in Kerto LVL production line in Punkaharju , Finland

Metsä Wood has decided to build a new Kerto® LVL production line, with an annual capacity of 65,000 cubic metres, at its Punkaharju mill in Finland. The value of the investment is approximately Euro 52 million. The expansion of the mill will begin in early January 2018, and the new line will start u...
yesterday

American Wood Council elects Roseburg Forest Products CEO Allyn Ford as chairman

The American Wood Council (AWC) elects Roseburg Forest Products CEO Allyn Ford as the AWC chairman for a one-year term, effective in January 2018.Danny White, a director of T.R. Miller Mill Company, was elected the first vice-chairman, and Neil Sherman, executive vice president of siding at LP Corpo...
yesterday

Metsä Wood renews its supply agreement with Tilling Timber in Australia

Metsä Wood has renewed its supply agreement with Tilling Timber in Australia. The extent of the contract is in total some 60,000 cubic metres of Kerto® LVL during the next three years, as the company says in the press release received by Lesprom Network. Metsä Wood has been supplying Tilling with sp...
December 8, 2017

Peruvian wood products down in August

According to ADEX, as of August 2017, the FOB value of exports of Peruvian wood products amounted to $77.1 million down on the $88.3 million recorded in the same period in 2016.China continues as the main export market for the wood products sector (50%) while Mexico is in second place with a 14% sha...
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