Russian timber giant ULK hit by tax freeze, sells assets

Russia’s Federal Tax Service has frozen the bank accounts of one of…

Lumber market outlook 2025: Steady price gains and production stability expected

Market participants across North America and Europe anticipate that 2025 will witness…

Kruger innovates and diversifies production at its Wayagamack Mill

Kruger innovates and diversifies production at its Wayagamack MillAndrew Snook Kruger Inc.…

AHEC faces funding crisis as USDA freezes export promotion grants

The American Hardwood Export Council (AHEC) is confronting a major funding shortfall…

Södra reports solid Q4 performance with sawn timber prices showing early recovery

Södra has maintained a stable financial performance throughout 2024, despite market uncertainties.…

Södra raises timber prices as demand continues to improve

Södra is once again increasing timber prices as demand remains strong across…

Sanctions squeeze Russian timber industry, wiping out billions in exports

The Russian lumber industry is reportedly unravelling under the impact of sanctions…

Millari Group expands with acquisition of Juken, boosting Australian timber supply

Australian wood products firm Millari Group has acquired Juken New Zealand’s (JNL)…

Finnish sawmills increase output, industry calls for secure wood supply

Sawn timber production in Finland reached 10.9 million cubic meters in 2024,…

HS Timber modernizes drying in Finnish sawmill

HS Timber Group is upgrading drying operations at its Luvian Saha sawmill…