Klausner manages to increase percentage of debtors that agree to new terms
2 offers were on the table for bondholders of Klausner Holding Deutschland
GmbH to convert their existing 5,25% bonds. They could convert into a new
bond paying 1,86% on the same …
The timber market continues to be somewhat unstable. There is currently some demand on the market, but it only concerns very specific products and wood species..
"Market actors are playing Mikado: whoever moves first loses." That’s how a timber merchant B2B describes the current situation on the hardwood log market. In Germany, the trade with beech, oak and ash hardwood logs for the 2009/10 season is only slowly taking its course..
On October 13, the Commercial Court of Colmar/France announced that the Swiss company Schilliger Holz AG , Küssnacht (Zurich) took over the sawmill of Klenk in Volgelsheim. After the bankruptcy of Klenk SAS in the spring of 2009, four companies have submitted offers: both leaders in the French softwood business, SIAT Braun and…
As of October 1, German and Austrian pellet manufacturers implemented a slight price raise. In fact, according to the manufacturers present at the Interpellets 2009 Fair in Stuttgart, pellet prices have been slowly increasing for several months now..
In order to transport containers with maritime pine blow-downs to Rotterdam and Hamburg, at the end of July container giant CMA-CGM deployed yet another freighter in the port of Bordeaux..
Prices for sawn softwood logs in North Rhine-Westphalia have increased significantly, while prices for industrial timber have decreased.
Had it not been for the logs placed in water storage after storm Kyrill in January 2007, the log procurement situation for most sawmills in North Rhine-Westphalia would have been even worse. As in other German federal states, the quantity of bark beetle infested logs is far beneath the expected one. However, this situation can easily turn around after a period of warm weather. The Forest Protection Unit within the…
Empty log yards, financial challenges for jointly owned forest associations and curtailments for forest entrepreneurs show there are no winners on the current Bavarian logs market. Sawmills look with anxiety to rising prices in Tyrol...
