Jerry Konter, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Savannah, Ga., issued a statement supporting legislation that would ban timber imports from Russia and Belarus.
Prior to Russia's invasion of Ukraine, Russia was a leading supplier of wood-related products such as hardwood plywood to U.S. woodworking facilities. But, will that continue post-invasion? In a small sampling of WoodworkingNetwork.com readers, more than 57 percent said that they did not buy any hardwood plywood or other wood-related products from Russia. Of the 43 percent of those readers who previously purchased products from Russia, 23 percent said that they would no longer do so.
Lumber exports by Russia have fallen for two consecutive quarters, with first quarter 2016 shipments being almost ten percent lower than in the third quarter of 2015. Only China and Japan increased their purchases.
Sanctions on Russia and the fall in oil prices by over 50 percent in the world market have shaken Russian financial institutions, changing the outlook for production and exports of forest products in 2015.
Switzerland investors, GS Group report the Sudoma timber mill, part of a production facility complex for logging, wood processing and reforestation in the village of Dedovichi, Russia, was recognized as strategic by the local Investment Commission
Members of European Producers of Laminate Flooring(EPLF) had multiple reasons to celebrate during the association’s 20th meeting in Bad Oeynhausen, as upward market trends served as a backdrop for thea milestone anniversary.
After five intensive trade fair days, the Rooms Moscow/Moscow International Furniture Show (MIFS) closed its doors having registered good results. 335 exhibitors from 17 countries showcased future furniture and supplier trends, attracting a total of 21,542 visitors (2013: 21,120) to the leading Moscow trade fair grounds – Crokus Expo.
Wood manufacturing and lumber industry publishing execs were given an exclusive preview today of LIGNA 2013. The biennial global woodworking trade show will be held in Hannover, Germany May 6-10.