Archives: May 2023

9 Lithuanian companies accused of importing timber from Russia and Belarus in violation of EU sanctions

Lithuanian authorities have submitted to prosecutors evidence against nine Lithuanian companies which violated EU sanctions by falsely presenting Russian and [...]
May 31, 2023 Latest Trends

Södra anticipates rising timber demand in summer and autumn and raises prices

Södra is now carrying out price increases on several timber ranges. For example, the price of spruce timber and [...]
May 31, 2023 Latest Trends

EUDR: Overview and key considerations for companies

The European Union has adopted the new EU Deforestation Regulation, whereby applicable companies must implement a rigorous due diligence process [...]
May 31, 2023 Latest Trends

Russian timber exports witness steep decline as EU sanctions take effect

Foreign sales of Russian timber experienced a further decline in the first quarter of this year, dropping by over 20 [...]
May 31, 2023 Latest Trends

Indian wood import market thrives as country recovers to pre-Covid levels

India's remarkable recovery from the COVID-19 pandemic has brought about a resurgence in various industries, with the wood [...]
May 30, 2023 Latest Trends

China’s softwood lumber imports shift to Russia and Europe; N. American suppliers losing ground

China's softwood lumber imports have undergone a significant shift, with a preference for suppliers from Russia and Europe. This [...]
May 30, 2023 Latest Trends

Robbins Lumber to acquire two sawmills

Robbins Lumber, Inc. announced the acquisition of two sawmills, expanding the company’s footprint from two locations to four locations [...]
May 30, 2023 Latest Trends

New Zealand: Log export prices hit lowest level in nearly a year

New Zealand's export log prices have experienced a significant decline, reaching their lowest point since July last year. There [...]
May 30, 2023 Latest Trends

Homag Group acquires stake in timber house software specialist

The Homag Group acquires 26 percent of the shares in the Reutlingen-based software company granIT, thus strengthening its digital [...]
May 30, 2023 Latest Trends

Concerns persist over Russian wood pellet exports to Turkey evading EU ban

Russian wood pellet exporters are still shipping significant volumes to Turkey, underpinning concerns some may be repackaged and exported to [...]
May 27, 2023 Latest Trends