Keyword: Russia

BSW Group stops purchasing Russian raw material

    BSW Group has decided to stop purchasing any raw material which originates from Russia due to [...]

China to become “virtually the only available market” for Russian timber

    Faced with a blockade of cargo transportation to foreign countries, the Russian domestic timber industry is [...]

Timber from Russia and Belarus considered ‘conflict timber’ by PEFC

All timber originating from Russia and Belarus is ‘conflict timber’ and therefore cannot be used in PEFC-certified products, the [...]

Wood likely to become scarce due to war in Ukraine and EU sanctions

    Last week, the EU announced sanctions restricting trade with Russia and Belarus. The trade in wood [...]

Russia’s war on Ukraine could triple ocean shipping rates

    Russia's invasion into Ukraine is likely to send ocean and air shipping rates skyrocketing at [...]

UPM and Metsä Group hit pause in Russia

    UPM will cease its deliveries to Russia for the time being.    While [...]

IKEA ceases operations in Russia and Belarus

IKEA has decided to temporarily pause operations in Russia. This means that: Inter IKEA Group has taken the decision to [...]

Stora Enso will start replacing wood procurement in Russia immediately

    Replacing Russian wood will increase domestic demand, logistics may become a bottleneck.     [...]

Ponsse and John Deere Forestry suspend operations in Russia

    Ponsse Oyj has decided to suspend all export operations to Russia and Belarus for the time [...]