Metsä Board will open change negotiations on temporary layoffs at its Joutseno and Kaskinen BCTMP mills in Finland, covering ~120 employees; layoffs could run beyond 90 days in several periods during 2027, with talks starting no earlier than week 45 and lasting about three weeks (Fordaq)
Metsä Group's Q3 comparable EBITDA rose to €100M from €39M on sales of €1,267M (down from €1,440M) with a net loss of €50.8M; the €300M savings programme hit a €200M profit impact ahead of schedule, Middle East-linked oil and diesel costs cut earnings by ~€47M, and the group confirmed a ~€25M Muoto packaging line at Äänekoski (start 2028) plus €21M of state aid for a Rauma CO₂-capture plant (Papnews)
Update: Under Mercer's prepackaged Chapter 11, bondholders take 91.5% of the reorganised equity, the filing is due by Monday Nov. 9, the cash need peaks at ~US$428M next July, and the Rosenthal pulp mill's October wastewater shutdown is estimated to cost ~US$15M this quarter; Q3 results are due after the close today (Wood Central, StockTitan)
Greif's fiscal 2026 adjusted EBITDA rose 11.7% to US$625.7M on sales of US$4.38B, though Q4 adjusted EBITDA slipped 3.1% to US$163.0M; run-rate savings reached US$105M a year early (target lifted to US$150M by end-FY2027) and the Sweetwater paperboard mill in Austell, Ga. is closing (Papnews)
Lenzing's nine-month revenue was €1.93B with adjusted EBITDA flat at €353M (margin up to 18.3%; Q3 alone 17.3% vs 13.3%), and CEO Georg Kasperkovitz says further steps to optimise the product portfolio and production network will come by year-end (PULPAPERnews)
Q3 pulp trade: Canada's wood pulp exports fell 3% y/y to 1.72M t (China still the top destination, India +14.9%, Indonesia –18.8%) while U.S. exports dropped 9.6% to 1.29M t as shipments to China collapsed 47.9% and Mexico took the lead (Lesprom, Lesprom)
Forestry & Timber
Commerce opened antidumping and countervailing-duty investigations into wooden fence pickets from China on a petition by Alta Forest Products, Sierra Pacific Industries and Mendocino Forest Products alleging dumping margins of up to 296% (Lesprom)
Rayonier's Q3 adjusted EBITDA rose 27% to US$144.6M on the PotlatchDeltic timberlands and sawmills; net income was US$123.3M including a US$90.6M Washington timberland-sale gain, lumber shipped 327 MMBF at US$528/MBF (highest since Q3 2022), Q4 is guided to 295–305 MMBF at lower prices, and a new US$300M buyback was approved (Lesprom)
Clatskanie Scion is moving ahead with a new industrial-lumber sawmill in Clatskanie, Ore. (crates, shipping materials, custom cuts) backed by US$30M of USDA-guaranteed financing through First Interstate Bank, expanding Sheridan-based Myers Woodline; at least 35 jobs, start-up in ~18 months (Timber Processing, KLOG)
Q3 lumber trade: Canada's softwood lumber exports fell 5.9% y/y to 6.39M m³ (US share +0.7 pts, Mexico +60.3%, Japan –15.4%) and U.S. softwood lumber imports dropped 6.6% to 6.71M m³ with Germany down 18.1% (Lesprom, Lesprom)
Croatia's state forester Hrvatske šume will raise timber-assortment prices by ~10% on average from Jan. 1, 2027, citing labour and production costs and alignment with regional prices (Fordaq)
Australia's agriculture department told Senate Estimates it has tested no consignments for Russian wood and runs illegal-logging compliance with 2.2 FTE; Nationals cited tests in which 37 of 74 imported products mismatched their declared origin, and AFPA estimates up to 100,000 m³/yr of imports may contain Russian fibre (Wood Central)
New Zealand's National Party pledged a timber-first consideration for new government buildings and a 2034 target to double value-added timber exports (sector exports now NZ$6B+/yr on a 31M m³ harvest) ahead of Saturday's election (Wood Central)
Japan's lumber imports fell to 3.9M m³ in 2025 (from 4.2M), with Europe supplying 52% in Jan–Aug 2026 versus 21% for the US/Canada and 13% for Russia; domestic timber now covers 52.9% of building-use wood, per Sumitomo Forestry's ISC presentation (Fordaq)
Wood Pellets & Biomass
Germany produced 1.14M t of wood pellets in Q3 2026 (DEPI): 91.3% from sawmill residues, 97.4% softwood, 98.3% ENplus A1, with ~90% sold domestically (Fordaq)
U.S. wood pellet exports rose 6% y/y to 2.85M t in Q3 (UK still the top buyer but share –4.2 pts; Denmark –33.8%), while September shipments were 857,137 t, down 5% m/m and 1% y/y per USDA FAS (Lesprom, Biomass Magazine)
Canada's wood pellet exports grew 6% y/y to ~809,000 t in Q3; the UK's share rose 11 points, France more than doubled and Japan fell 42% (Lesprom)
El Dorado County, Calif. gave conceptual approval to a FLOYD BioEnergy woody-biomass CHP system at the Placerville Jail — two ~70 kW gasification modules burning ~950 BDT/yr of chips behind the meter, ~US$1.6M net after incentives — drawing on a county study that found ~106,000 BDT/yr of forest residuals (Wood Bioenergy)
Fort Frances, Ont. received $92,500 from Ontario's Forest Biomass Program for phase one of a biomass-to-energy facility in the town (Biomass Magazine)
