Kesko acquires three builders’ merchants in Denmark
Kesko has agreed to acquire three Danish builders' merchants: Roslev Trælasthandel A/S, Tømmergaarden A/S, and CF Petersen & Søn A/S, with combined net sales of approximately €400 million and 760…
Russia’s Zvezda shipyard finalizing Arc7 LNG carriers
Five Arc7 LNG carriers built at Zvezda shipyard in Russia have left drydock, according to High North News. However, their completion remains uncertain, particularly regarding the internal membrane containing the…
Wagnermaier aims for 3000 trailers annually
A new trailer brand, Wagnermaier, has emerged in Tatarstan, Russia. The company plans to operate in three shifts to achieve its targeted capacity of 3,000 units per year. Wagnermaier has…
Nefab opens new facility in Mexico
Nefab, the industrial packaging and logistics company, is expanding its presence in Mexico by opening a new manufacturing facility in Chihuahua. The new plant will produce wood and plywood crating,…
Kingspan buys majority stake in Steico
Kingspan Group plc, the insulation and building solutions company, acquires 51% of the shares of Steico SE. The deal includes an option to acquire a further 10% in the future. …
Report on US plywood imports from Russia
London-based environmental group EarthSight has made an investigation of Russian plywood sailing to the USA. EarthSight says that plywood is one of the remaining trading relationships America has with Russia.…
Stark Group acquires 600 branches in the UK
Stark Group has signed an agreement to acquire Saint-Gobain Building Distribution Ltd. In the UK Saint-Gobain operates more than 600 branches and distribution centres. The main brands included in the…
US hardwood flooring market report
According to the extensive wood flooring market report by Floor Focus magazine, Russian birch plywood is the most popular core material for engineered wood floors in Northern America. The report…
Consortium and Alliance battle of birch plywood
On 10 June 2021, European Commission set provisional anti-dumping duties for the Russian birch plywood. By 11 December, EC shall decide whether the provisional duties will be prolonged for a…
142 LNG carriers in order book
According to an article published at world-energy.org, the global gas demand reduced during 2020, because of the Covid-19 pandemic. Also the commissioning of the LNG-tankers witnessed a delay in 2020.…