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Russian ULK Group to invest more than EUR 400 million in a mega sawmill in Russia

Russia's ULK Group is investing more than Euro 400 million in one of the country's biggest sawmill investments [...]

Estonia: Sawlog prices rise in April 2020, but still way lower yoy

The prices for roundwood in Estonia have mostly increased during April 2020, despite the coronavirus pandemic. However most prices are [...]

Will China ban the import of Canadian timber?

On June 16, China announced that pests were found in logs imported from Canada. This news triggered concerns in the [...]

Enviva to acquire two pellet plants

Enviva Partners LP announced on June 18 it has agreed to purchase a wood pellet plant located in Waycross, Georgia [...]

British Columbia looks to implement construction of mass timber buildings across the province

British Columbia Premier John Horgan has announced that the province is taking steps to strengthen its forest and timber industry [...]

Austria is launching € 400 million forest aid packages

On June 16, Austria launched a package for tax relief for agriculture and for investments in climate-friendly forestry in [...]

Growth in Vietnamese wood products exports slows in April

Statistics from Vietnam Customs shows that exports of wood and wood products (W&WP) during April 2020 were worth [...]

Malaysian timber industry in business during pandemic

The Covid-19 pandemic brought much of the world economies to a grinding halt. It was tough for businesses to [...]

Bergs Timber’s sold Swedish sawmills to switch operations towards more processed products

Bergs Timber signed an agreement with Vida Aktiebolag on the sale of Bergs's Swedish sawmill business.    [...]