UPM Plywood is planning to restructure its organization and scale its operations to meet the reduced production capacity and the deteriorating market situation. The company will begin employee negotiations involving 262 salaried employees in the staff and global functions, in the sale
Ponsse’s and Epec’s technology concept PONSSE EV1 has been rewarded with the Finnish Society of Automation’s Automation prize. The prize is given every two years by society to reward significant research and development work done in the field of automation. Source: Timberbiz PONSSE EV
Forestry England will leave a lasting public legacy for people and nature by developing new ‘Coronation Woods’ to celebrate the Coronation of His Majesty King Charles III which is on 6 May. Alongside large-scale woodland creation, funding will also be provided for local co
Companies associated with Ingka Group, the largest franchisee of Ikea stores internationally, have received consent to buy more sheep and beef farming land in the South to convert to forestry. Source: Otago Daily Times Yesterday, the Overseas Investment Office released its April decis
Researchers at Linköping University Sweden and the KTH Royal Institute of Technology have developed the world’s first transistor made of wood. Their study, published in the journal PNAS, paves the way for further development of wood-based electronics and control of electronic plants.
Swedish concrete manufacturer Heidelberg Materials Precast Contiga and Finnish producer of engineered wood products Metsä Wood, have initiated a cross-industry collaboration to capitalise on the benefits of combining concrete and wood in future building structures. The ambition is to
As Combilift celebrates 25 years of innovation, the company plans to ensure that 2023 will be a year to remember, by launching multiple products across various exhibitions on a global scale. Source: Timberbiz To kick off, the newest product – the COMBi-CUBE was launched at the LogiMAT
A French delegation of forestry professionals recently visited the eastern states and Western Australia on a study tour. Source: Timberbiz The study tour was prompted by challenges in the French forest industry that included several consecutive summers of intense heat, low rainfall, a
Pallets and logistics giant Brambles lifted US prices by 19% in the past nine months, and its chief executive said there were signs that timber and transport inflation were starting to moderate. Source: Australian Financial Review Graham Chipchase said Brambles, which operates a pool
The global cross laminated timber market size is projected to grow from US$1.4 billion in 2023 to US$2.6 billion by 2028, at a CAGR of 13.7%, between 2023 and 2028. The adhesive bonded segment is expected to account for the largest share in 2023. Source: Timberbiz Cross laminated wood