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
Trees are a sustainable and renewable source of timber. Wood processing is a general term to describe the different types of methods to utilise wood. The timber can be used for construction, heating, producing electricity and fuel. Wood fibre is used for manufacturing clothing and some of the food that we eat.
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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
Fast Markets reports that soaring wood prices, tariff uncertainty, and currency fluctuations are squeezing margins in H1 2025 for Big Six Nordic Timber Firms (Photo Credit: Alexandre Patchine via Alamy
Metsä Group’s carbon capture pilot underway – Investigation of a demo plant beginning In June, a carbon capture pilot plant came online at Metsä Group’s Rauma mill, where the company
DEVELON has introduced its new DX270WMH-7 wheeled material handler. The model is powered by a Develon six-cylinder, turbocharged DL06V water-cooled diesel engine, providing an output of 141kW (189 HP) at
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
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
Canfor Corporation’s subsidiary, Vida AB, has announced the acquisition of AB Karl Hedin Sågverk Canfor Corporation’s subsidiary, Vida AB, has announced the acquisition of AB Karl Hedin Sågverk for SEK
UK softwood markets experienced a period of strong trading during the first two months of Q2, supported by a rise in demand that gained momentum throughout both April and May.
AFRY has been tasked by Arctic Sisu, a Finnish e-fuel company, to conduct a feasibility study for a large-scale e-methane production facility in Kotka, Finland. The project, planned in three
Neil Horton, Sales Director at BSW Timber Explains Why Now Is the Time to Back British Timber in construction Back British Timber-The conversation around sustainable construction is continuing to get