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Russia

Norway boosts softwood log exports to EU countries filling Russian supply gap

Norway became the largest supplier of softwood logs to the EU instead of Russia which had a share of 49 [...]

Mounting concern over European wood supply

    After announcing a ban on imports of wood products from Russia and Belarus in April, Estonia [...]

Global trade of softwood lumber slowed in early 2022

Global trade of softwood lumber slowed in early 2022, in particular lumber headed to China, the US, and Germany, where [...]

Koskisen sells sawmill operations in Russia

Koskisen’s wood processing company has sold its sawmill operations located in Russia to Cherepovetsles. Koskisen’s Russian operations were [...]

Russian timber exporters seek new markets in Middle East and Asia

The Russian Ministry of Industry and Trade recently told local media that the Middle East, Asia and Latin American countries [...]

Will the production of wood pellets be stopped in Russia due to sanctions?

Starting July 10, the Russian wood pellet exports to Europe will be completely stopped. From this date, EU sanctions will [...]

Because of sanctions against Russia, firewood is becoming a new energy source for European countries

The surge in gas and electricity prices has sparked interest in Europe for a long-forgotten fuel, common firewood. Excessive [...]

European plywood market will be taken over by Brazil, as Russia is out

Russia, as a major producer and exporter of birch plywood, is a major supplier to European countries. Data show that [...]

Acquisition of Russia’s RFP Group by Japanese holding unclear

Iida Group Holdings acquired a 75% stake in Russian lumber producer RFP Group for 60 billion yen ($525 million) at [...]

Russia reduces production of wood pellets by 10% due to lack of export markets

At the end of 2021, about 2.5 million tons of wood fuel pellets were produced in Russia. However, in [...]