Wood-based Panels

Impact of sanctions on the Russian forest industry

    Russia is home to one-fifth of the world’s forest and further exploiting this resource [...]

UPM suspends purchasing of wood in and from Russia; ceases operations at Chudovo plywood mill

    UPM will suspend purchasing of wood in and from Russia as well as the UPM Chudovo [...]

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 [...]

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 [...]

Ukraine war and its effect on European timber imports

    In what feels like a return to the dark days of the Cold War, the ongoing [...]

Other Finnish forestry companies continue to operate in Russia

Except Stora Enso, the two other Finnish forestry giants have not announced any changes in their operations in Russia. Timber [...]

Kronospan seeks approval to acquire Pfleiderer Polska

On 15 February 2022, the European Commission received a notification of a proposed concentration in the wood-based panels market [...]