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North America

US homebuilders urge the Biden administration to end lumber tariffs

Jerry Konter, Chairman of the National Association of Home Builders (NAHB) urged the Biden administration to increase domestic production of [...]

Forestry machinery manufacturers hit by delivery stop to Russia

The Ukraine war has had a significant impact on the global economy. The manufacturers of forest machines are also affected [...]

Russia proposes ban on wood exports to U.S. and EU until the end of 2022

The Ministry of Industry and Trade of the Russian Federation has proposed introducing a ban on the export of birch [...]

International Paper says it may sell 50% stake in Ilim Group

International Paper announced its intention to explore strategic options, including the possible sale, of its 50% ownership interest in Ilim [...]

Global log supply into China remains subdued, prices rising

The issues around Evergrande and the wider issues in the Chinese construction industry seem to be worrying, however demand is [...]

Impact of sanctions on the Russian forest industry

Russia is home to one-fifth of the world’s forest and further exploiting this resource could help the country [...]

Accoya to build new production plant in USA

Work will begin shortly to start ground works and construction of a new Accoya wood production facility in Kingsport, Tennessee [...]

Statement by 120 environmental groups: Timber imports from Russia must be stopped!

Over a 120 individual environmental rights groups have joined together and are calling for a ban on the use of [...]

Russia-Ukraine war aggravated already-soaring N. American lumber prices

North American umber prices are continuing to surge amid Russia's invasion of Ukraine, and traders could soon see even [...]