UK’s Andusia enters into the wood export market, signing a new contract with Enva Wood Recycling Ltd. The contract agrees the movement of 20,000 tonnes of wood waste from Tilbury to Germany to be utilised as steam and energy for a paper production plant.
Homann Holzwerkstoffe GmbH acquired a qualified minority stake in wood-based panel producer Nile Wood SAE, based in Sadat, Egypt, through a holding interest in Global MDF. Homann Holzwerkstoffe is thus entering the fast-growing African and Middle East market.
Single-family permits decreased 4.6% to a 1.11 million unit rate in April. Nonetheless, the resale market lacks inventory, which is supporting demand for new construction.
Stora Enso invests in ACDF Industrie SAS and becomes a 35% shareholder of the French wood processing company. ACDF Industrie SAS’ investment in a second production line is developing according to plan. It will increase the capacity of mass timber elements and it will be ready in February 2023.
Canada’s share amounted to 83% of the U.S. total softwood lumber imports. The second-ranked supplier is Germany with 6% of total imports, while Sweden takes 3% and Brazil 2%.
In 2021, Willwood has already acquired flooring manufacturer GAPRO in Kalling, Sweden. Together with the new acquisition, the capacity of the nine production lines of the company is 4 million m2 per year.
LL Flooring announced the opening of seven new stores during the 1Q 2022, January–March. The new locations bring LL Flooring’s national retail footprint to 431 stores.
Russia was the third-largest source of U.S. hardwood plywood imports in 2021, exceeding 567 million square feet worth more than $334 million.
Välinge North America moved into their new headquarter in Alpharetta, Georgia. A total of eight people will work out of the new office covering finance, operations, marketing and customer service.
Ponsse’s Euro 2.5 million modern service centre in Joensuu will further improve the quality and efficiency of maintenance and service in Finland. There are a total of 13 employees at the Joensuu service centre.