All articles by Stephen Powney
Stephen Powney
Sveaskog to sell its shareholding in Setra Group to Mellanskog
Setra’s owners, Sveaskog AB and Mellanskog, have made an announcement regarding the sale of Sveaskog’s stake in Setra Group AB to Mellanskog.
TDUK import stats reveal UK timber import boost
The latest TDUK import stats reveal that UK timber and panel product imports were much higher in October 2024, resulting in an overall 15% uplift in imports.
Liverpool timber merchant Edmund A Stephens Ltd adds additional site with NatWest funding package
Family-run Liverpool timber merchant Edmund A Stephens Ltd has acquired an additional site to expand its operations following a seven-figure funding package from NatWest.
B&Q agrees to stock LUMIN TRP
In partnership with UK panel products distributor Altripan UK Ltd, plywood manufacturer LUMIN has announced that its LUMIN TRP is now available in more than 40 B&Q stores throughout the UK.
HS Timber Group acquires Vika Wood SIA
The Austrian HS Timber Group has signed an agreement to acquire 100% of the shares in the Latvian wood processing company Vika Wood SIA from the Swedish owner Bergs Timber AB.
Clifford Jones Timber sold out of administration
Clifford Jones Timber Ltd’s business operations have been sold out of administration in a pre-packaged sale, saving 48 jobs sat the Ruthin-based sawmiller.
TDUK and Indonesia Embassy hold UK timber stakeholders meeting on EUDR
The Embassy of the Republic of Indonesia in London, together with Timber Development UK, held a meeting to engage with key UK timber stakeholders on the implications of the EU Deforestation Regulation (EUDR) and the UK Forest Risk Commodities Regulation.
Timber-based Connect Modular Ltd enters administration
Scottish timber-based modular housing manufacturer Connect Modular has entered administration just over a year after doubling its turnover.
Stora Enso pre-close Q4 2024 update outlines non-cash impairments of €724m
Stora Enso has signalled that it will record non-cash impairments of approximately €724m million in its IFRS operating result in the fourth quarter of 2024.
FEP welcomes proposed European duties on Chinese parquet imports
The European Parquet Federation (FEP) has welcomed the European Commission’s proposed provisional anti-dumping duties on imports of parquet from China.