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Global cross laminated timber market to reach US$3.72B by 2030, after growing at 14.54% CAGR from US$1.11B in 2021; key players include Stora Enso, Pfeifer Group, Hasslacher, Mayr-Melnhof Holz, Binderholz: Polaris Market Research

RBC highlights wood products news for week of March 4: OSB prices up across all regions; Weyerhaeuser announces carbon sequestration exploration agreement with Lapis Energy; Hasslacher Group acquires stake in Element5, Ontario-based mass timber producer

Austria's Hasslacher Group acquires stake in Canadian mass timber producer Element5 to expand North American market footprint; partnership to develop new glulam line at Element5's St. Thomas, Ontario, facility, for production of beams, columns, assemblies

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