Ponsse’s Prowess
Ponsse’s Prowess as they are ranked Finland’s second most reputable company Ponsse’s Prowess-According to the Trust & Reputation 2025 survey conducted by Reputation and Trust Analytics, Ponsse has been ranked…
Sanctions Affect Tobol Timber as Russia’s Forestry Deteriorates
Unpaid taxes and an increase in the value of the Ruble have led Siberia’s largest timber firm, Tobol Timber, to file for bankruptcy. Russia’s Federal Tax Service has submitted a…
EU Deforest Regulation could cost Germany €1.8 billion
The implementation of the EU Deforestation Regulation is expected to cost the German wood industry €1.8 billion, with ongoing annual costs of around €1.2 billion The EU Deforest Regulation (EUDR),…
Smuggled Russian timber has been discovered in UK homes.
Smuggled Russian timber—Think Timber—a UK packaging and distribution company—has introduced a QR-coded system to ensure traceability from forest to building site. Smuggled Russian timber-A recent forensic investigation has revealed that…
Drax Under Investigation by the UK’s Financial Watchdog
Energy company Drax is currently facing scrutiny from the UK’s financial watchdog regarding its practices in sourcing wood for biomass pellets. This investigation has been sparked by serious allegations from…
The Nordic Timber And Forest Industry Faces Challenges
Six of the major Nordic timber and forest industry companies posted largely challenging results for H1 2025Most companies reported declining profitability despite mixed sales performancesElevated raw materials costs, global trade…
Stora Enso’s billion-euro investment in renewable packaging
Stora Enso’s billion-euro investment in renewable packaging – Europe’s most modern consumer board production line inaugurated in Finland Stora Enso’s billion-euro investment in renewable packaging-The largest and most modern consumer…
US Duties on Canadian Softwood rises to 35.19%
US duties on Canadian softwood lumber rose to a total of 35.19 per cent, a move that has drawn sharp criticism from political leaders and industry representatives in Canada. US…
$1.2B to support Canadian softwood lumber industry
Canada’s new government pledges $1.2B to support Canadian softwood lumber industry $1.2B to support Canadian softwood lumber industry– The global trade landscape has fundamentally changed. To meet this moment, Canada’s…
UK Forestry Sector Urgently Needs Investment
UK Forestry sector urgently needs investment to address both current and long-term demands. After speaking with industry professionals, the consensus is that forestry is in the midst of a worrying…