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Keyword: Russia

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 [...]

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 [...]

Sanctions on Russia negatively impact Australia’s construction industry

With supplies of key laminated veneered lumber (LVL) and engineered wood products (EWPs) imported from Russia and Belarus, which accounted [...]

Russian sawmills hit by sanctions

Already in May 2022, Russian sawmilling companies were able to largely feel the impact of sanctions and restrictions on their [...]

Plywood plants of Russian Sveza work at 20-40% of capacity

Aleksey Mordashov, head of the board of directors of Severstal, which also owns the leading Russian birch plywood producer Sveza [...]

IKEA plans to sell its four plants in Russia

The Swedish retailer IKEA plans to sell its plants in Russia.    The group said its retail [...]

Russian timber industry is looking for ways to export through Belarus and Turkey

Russian lumber companies, forced to halt exports to the EU due to sanctions, doubled supplies to China and Kazakhstan in [...]

No sales market for Russian pellet exporters starting July

From July 10, the Russian wood pellet exports to Europe, the main market for Russian companies, will be completely stopped [...]