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…
Заместитель Губернатора Михаил Глазков сегодня посетил с рабочим визитом предприятие «Вологодский лес», которое занимается реализацией крупного инвестиционного проекта. Вместе с руководством и представителями компании он осмотрел площадку, на которой будет запущено производство фанеры объемом до 40 тысяч м3 в год. «Новое производство по выпуску клееной фанеры будет располагаться на площадке…
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…
