In January 2019, the German producer prices for wood products show two different trends. Compared to the same month last year, there is still a clear upward trend. Compared to December, only half of the values increased, for the most part only minimally. Compared to January 2018, some there are some falling…
Mayr-Melnhof Packaging has closed the acquisition of TANN Group, as the company announced in a press release. TANN Group prints on and finishes externally sourced fine paper to produce tipping paper (cigarette filter paper) and is the global market leader in this area. Annual sales of approximately Euro 230 million…
In addition to the launch of the cross laminated timber plant in Schlitz in mid-2019, Michael Pfeifer spoke with Fordaq at this year’s BAU about a number of further investments by the Pfeifer Group over the coming months. On the one hand, a second pellet plant is being built at…
“The German economy barely escaped recession in 2018.” With this assessment, the German Institute for Economic Research (Ifo) CEO Timo Wollmershäuser has responded to the latest figures from the German Federal Statistical Office. “Crucial for the clear cooling of the economy is the German industry, which should have been in the…
If the US and China could reach a trade deal, President Donald Trump might consider postponing the March 1st deadline for tariffs, he said on the 12th of February. At the moment, the US has a team in China trying to reach a trade agreement, while Beijing also hopes for…
Since the beginning of 2017, prices for sawn timber and wood-based panels in the German wood packaging sector have only been one direction: upwards. With the exception of OSB, all HPE price index values have reached new highs. OSB has shown the highest inflation rates and has well recovered from its fall…
Conner Industries, Inc. announced that it will open a new manufacturing plant in Clarksville, Tennessee on February 1, 2019. This latest expansion comes on the heels of strong first quarter growth for the company and is one of several new investments Conner has made in recent months. New equipment expenditures…
On November 30, 2018, the European Timber Industry Association CEI Bois organized a seminar in Lisbon on the future of the wood industry in Europe. The 70 participants came from European associations and companies in the wood industry. The organizers were CEI Bois, as the European umbrella organization for the wood industry,…
The 2nd Seminar of the Joint European Confederation of Woodworking Industries (CEI-Bois), EuropeanFederation of Building and Woodworkers (EFBWW) and European Wood-based Panels Federation (EPF) European-funded project “Perspectives and challenges of the Woodworking Industries in Europe” took place on the 30th of November 2018 in Lisbon. It was preceded, on the…
Smurfit Kappa Group has significantly strengthened its presence in Western France with the acquisition of two Europac sites in Brittany. Smurfit Kappa Group has acquired the Caradec Box Plant in the Morbihan County and the Saint Pol de Léon site in the Finistére County, reinforcing its capabilities in the fruit…
