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Archives: August 2022

Russia’s energy roulette threatens the German forest industry

Energy prices have risen sharply since Russia launched a large-scale attack on Ukraine in February of this year. The [...]

Estonia: Softwood log prices start to fall from absolute records

The large-scale war started by Russia in Ukraine and the creation of an energy crisis in Europe as a [...]

Hasslacher Group takes over Holzbau Hofer

The company Holzbau Hofer, which operates in Austria and throughout Europe, was founded in 1984 by Erich Hofer in Nu [...]

US Commerce Department rules Vietnam circumvented hardwood plywood duties

The Department of Commerce has ruled that hardwood plywood assembled and exported from Vietnam used Chinese core materials. After examining [...]

U.S. imposed a 35% tariff on Russian wood products

Starting from July 27, the United States imposed a 35% tariff on 570 items of goods imported from Russia, including [...]

Wood-pellet market booms amid Ukraine war

The wood-pellet market is on fire.    War has cut off the supply of compressed-wood [...]

B.C.’s big 3 lumber giants still making good profits

B.C.’s big three forestry giants had lumber and other wood product sales of $6.5 billion in the [...]

West Fraser Timber to cut production capacity at three mills in Canada

West Fraser Timber is permanently curtailing approximately 170 million board feet of combined production at its Fraser Lake and Williams [...]