The economic downturn noted by the market research institutes is also reflected in Germany’s producer prices for commercial wood products in March and April. While a clear upward trend compared to the same month of the previous year was recorded in February, it is crumbling in March, and eleven of the…
Since 1st May 2019, EPAL has had its first licensee for producing CP pallets on the Indian subcontinent. The producer of wooden pallets and box pallets applied to also assemble CP pallets as well as to produce and repair EPAL Euro pallets. EPAL’s newest licensee is located in the state…
Romania plans to suspend timber, log and firewood exports until August 31, according to a draft Emergency Ordinance which the Ministry of Environment, Water and Forests launched for public debate. The Government will adopt it this week during the Wednesday meeting, said Prime Minister Victor Ponta. Until then, it’s trying…
Cascades inaugurated its newest and most modern containerboard packaging plant, a US$76 million investment in state-of-the-art equipment. Located in Piscataway, New Jersey, the new plant is 450,000 sq. ft. With 170 employees, the facility has an annual production capacity of 2.4 billion square feet. The operation will allow Cascades to…
In the first quarter of 2019, the prices for packaging timber dropped significantly in Germany. This is shown by the HPE index of the Federal Association of Wood Packaging, Pallets, Export Packaging eV (HPE). The index values for wood-based materials fell much more sharply than those for solid wood. Solid wood for…
Economic growth in the euro area will be weak this year. After 0.2% in the first quarter of 2019, it will only reach 0.3% in the following quarters. This is stated by the three institutes Ifo from Munich, KOF from Zurich and the Istat from Rome. Industrial production will stagnate in the…
Having increased its sales by 26% and multiplied its profits by several times over in 2018, Lithuanian wood processing company UAB Juodeliai launched the construction of the world-class packing elements plant with capacities twice as high as those of the currently operating company. The new packing elements plant is to…
In 2018, German producer prices for industrial wood products followed only one direction: upwards. Around the turn of the year, this trend has stalled. For the first time in February, there is a clear downward trend in the month-on-month comparison. Compared to the same month last year, the upward trend is still…
The European Pallet Association eV (EPAL) reports 121.8 million produced and repaired EPAL pallets in 2018. Compared to the previous year, this represents an increase of 5.2% (2017: 115.8 million units). Looking at production and repair separately, a total of 93.9 million EPAL pallets were produced in 2018, 6.3% more than in…
The deputy governor Glazkov Mikhail visited today the Vologda Wood enterprise which is engaged in implementation of the large investment project with working visit. Together with the management and representatives of companies he examined a platform on which production of plywood up to 40 thousand m3 in a year will…
