Imports of plywood to Japan expanded 16%.
Plywood
Imports of wood veneer to India contracted 19%.
The revenue decline was primarily due to lower sales volumes.
The average price per cubic meter of plywood decreased by 13%.
Exports of plywood from Russia to the U.S. lost 7%.
Sales of wood products increased by 1.9%.
New regulation targets circumvention practices, imposing retrospective duties.
Price for plywood imported to United Kingdom grew 11%.
This initiative seeks to broaden the production capabilities of Tolko Industries' mill, moving beyond commodity plywood to encompass specialty, industrial, and engineered wood products.
Richmond Plywood Corporation announces ribbon-cutting ceremony for new panel repair system.
Exports of plywood from Brazil grew 7%.
Surges from fourth to first in rankings, birch plywood makes up 77% of Q1 2024 shipments.
Project deliveries excel despite economic uncertainties and market pressures.
Imports of plywood to Japan rose 4%.
The Finnish Competition Authority has approved a business arrangement whereby Metsä Group will integrate the maintenance operations of its plywood and Kerto LVL mills in Finland into its own organisation as of 1 October 2024.
The smallest available thickness of StringPly, the ultra-lightweight plywood produced and launched by Paged is just 1.5 mm.
Segezha Group's revenue declined 9% in 2023, leading to a net loss of about $197 million.
Still trails 2022 levels by 16.2%
Key contributors to the quarter's results included the UPM Paso de los Toros pulp mill, which operated at 83% of capacity, and the successful sale of the Steyrermühl site in Austria.
At the end of 2023, the total plywood production capacity in China was about 205 million m3 per year.