Archives: 2022

Mondi Group to sell its Russian assets

The board of Mondi Group announced its decision to divest the group’s Russian assets. According to the group, as [...]

Estonia: Log prices set record high in Q1/2022

The war in Ukraine has pushed up timber prices in Estonia to unprecedented heights. All assortments became more expensive and [...]

UK’s lumber imports return to pre-Covid levels

A slow-down in house-building and housing repair in the first quarter of 2022 is being reflected in lumber [...]

Russian factories continue to produce IKEA’s furniture under their own brands

  Once IKEA left Russia, the local furniture factories continued to produce IKEA’s furniture under their own brands [...]

Consequences of the war in Ukraine on Poland’s timber industry

Poland's wood industry expects a shortage of wood raw materials mainly caused by the current war in Ukraine.   [...]

Strong lumber prices boost Canfor Q1 profits 25 percent

Canfor Corp. is reporting a 25 percent increase in net profits in its latest quarter on near record high North [...]

Czech Republic: Wood prices are at the highest level in 20 years

  Wood prices in the Czech Republic are at the highest in two decades due to high demand. Prices [...]

Pellet prices considerably higher in W. Europe on a year ago

The price of wood pellets is considerably higher in some Western European as compared to a year ago.   [...]