Raute receives massive M93€ order from Metsä
Raute has secured a historic order worth M93€ for Metsä Wood's upcoming LVL mill in Äänekoski, Finland. This marks the largest order in Raute's history. Scheduled deliveries from Raute are…
VMG Lignum inaugurates its new LVL mill Lithuania
VMG Lignum has opened its new plant in the Akmene Free Economic Zone in the northern part of Lithuania. The company hosted an opening ceremony for nearly 500 people in…
Latvijas Finieris open for investments outside plywood
In a Dienas Bizness interview, Mr. Mārtiņš Lācis from Latvijas Finieris states that despite the uncertainty in the birch plywood market, the company is still proceeding with its investment plan.…
Metsä builds LVL mill to Äänekoski
The Finnish Metsä Group has decided to build a LVL plant in Äänekoski in Central Finland. The product range includes beam and panel products for the construction industry. The investment…
Latvijas Finieris has delivered LNG plywood for 20 years
Latvijas Finieris began delivering birch plywood to LNG (liquefied natural gas) shipyards in the early 2000s. Today, five of its mills in Latvia and Estonia are certified to the production…
UPM Plywood plans to restructure and scale down
UPM Plywood begins employee negotations to scale down operations to match the reduced production capacity and lower demand. Among the negotiations are 262 salaried employees at headquarters, in the sales…
Latvijas Finieris expands its Verems mill
Latvijas Finieris has signed a 29 million euros contract with machinery supplier Raute. The deal concerns technology delivery to Latvijas Finieris’ Verems mill in Latvia. With the investment, Verems’ production…
Metsä Wood supplies LVL to wind turbine towers
Swedish wood technology company Modvion will produce wind turbine towers of LVL produced by Finnish Metsä Wood. According to Modvion LVL results lighter towers with less need for expensive reinforcements.…
UPM sells its Chudovo plywood mill in Russia
UPM has sold its Chudovo plywood mill to Gungnir Wooden Products Trading. The companies do not disclose the details of the transaction. Chudovo plywood mill is located in Novgorod Region…
ProPopulus promotes poplar plywood as birch alternative
ProPopulus, a European consortium of poplar wood stakeholders, promotes poplar plywood as an alternative to Russian and Belarusian birch plywood. Propopulus says that the sanctions against Russian and Belarusian wood…
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