Asia & Middle East

Acquisition of Russia’s RFP Group by Japanese holding unclear

Iida Group Holdings acquired a 75% stake in Russian lumber producer RFP Group for 60 billion yen ($525 million) at [...]

Top global softwood lumber producers

    In 2021, the 25 biggest softwood sawmills in the world produced more than 85 million m [...]

Skyrocketing wood prices in Japan due to Ukraine war

The war in Ukraine has inflated the cost of timber in Japan.    Russia’s retaliatory measures [...]

Global port congestion improves, freight rates will remain high

High freight costs, congestion at terminals, earlier peak seasons and due to strict Covid-19 lockdown measures have had a [...]

India: Current trends in the log import market

    About nine bulk shipments of logs are expected in Kandla port in June; five from Uruguay [...]

EU tropical wood import value at highest level for a decade

    In the first three months of this year, the value of EU imports of tropical wood [...]

Vietnam’s Mekong Wood orders full MDF line from Siempelkamp

      The Vietnamese Mekong Wood MDF Joint Stock Company has placed an order for a [...]

Japanese corporations take over global forest investor

New Forests, a Sydney-based Australian investment company that invests in natural assets worldwide, including sustainably managed forests, is to [...]

India: Wood import market blocked due to cargo issues and fumigation rules

Kandla port is forecast to be very busy with four log vessels arriving from Uruguay and Argentina as well as [...]

Japan’s lumber industry under pressure due to ban on Russian wood

    The global lumber industry has been through a tumultuous period over the past year or so [...]