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Daily News / Global Trends / Market Analysis / Forestry / Lumber / Pulp & Paper / Sawmilling / Wood Products / Europe / Global / Russia
August 16, 2022

Russia’s energy roulette threatens the German forest industry

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 background of the price increase shows how dependent Europe is on Russian energy. For example, almost half of the natural gas used in EU countries is imported from Russia.    It is precisely the availability of natural gas that is now associated with significant uncertainties, which also affect the forest industry. The situation varies depending on the country. In Finland, natural gas has accounted for less than a tenth of the energy consumption of the pulp, paper ...

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