Russia

Finland: Many challenges can arise in replacing Russian wood

After the end of Russian wood imports, the Finnish forest industry will be looking for substitute wood mainly from Finland [...]

Current softwood log inventories at Chinese ports

    Softwood log inventories at the China’s main ocean ports totaled 5.7 million m3 on [...]

Japan to offer financial aid to companies switching from imported to domestic lumber

    Japan's Forestry Agency plans to offer financial aid to companies switching from foreign to domestic [...]

Logging in Russia drops due to export restrictions; lumber prices drop

  During the first quarter of 2022, logging in Russia fell by 2.4%, from 70.7 million cubic [...]

Stora Enso completes exit from Russia

Finland's Stora Enso has divested the last of its Russian operations, three corrugated packaging plants, to local management, the [...]

Stora Enso’s CEO: Company’s plants will continue to be located in the Nordic region

The majority of Stora Enso's mills will continue to be located close to raw materials, ie in the Nordic [...]

Japan’s lumber industry under pressure due to ban on Russian wood

    The global lumber industry has been through a tumultuous period over the past year or so [...]

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 [...]

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 [...]