Australasia's home for timber news and information

Whole neighbourhood of wood

16 March 2022
Amsterdam has confirmed plans to build an entire neighbourhood out of wood, a renewable material that the region hopes will be key in reducing building emissions. Source: Bloomberg The new quarter, dubbed the first such neighbourhood in a Dutch city in several centuries, reflects a br
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Russian wood trade ban’s negative impact on the EU and shipping stops

16 March 2022
Most of the focus in the past weeks has been on European reliance on Russian fossil fuels and the way this affects the economies on the continent however, there are other markets where Russia is an important player, chief among them – the wood industry. Sources: The Mayor EU, Timberbi
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Russia is planning massive deforestation of Ukrainian forests

16 March 2022
According to the Ukrainian News Agency cutting down Ukrainian forests was stated in a letter from Russian Defense Minister Sergei Shoigu “On the possibility of cutting down on defense lands” to Russian President Vladimir Putin, which was published by the Main Intelligence
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Timber Trade Federation UK advises members to cease trade with Russia

11 March 2022
The financial sanctions from multiple Governments to exclude many Russian banks from the international SWIFT payment system has effectively shut a lot of firms out of international trade as payments cannot be made or received; the UK Government has requested British ports to refuse en
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Lumber prices surge post Russian invasion

11 March 2022
Lumber prices are continuing to surge amid Russia’s invasion of Ukraine, and traders could soon see even bigger price swings. Source: Business Insider Futures have been on a wild ride since the onset of the COVID-19 pandemic, and they soared to a record high of US$1,711 per thou
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More blocks to Russian trade, so Russia hits back

11 March 2022
The FSC International Board of Directors confirmed that it will suspend all trading certificates in Russia and Belarus and block all controlled wood sourcing from both countries. Source: Timberbiz Controlled wood (CW) requirements explicitly require an assessment of whether a country’
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Komatsu, Ponsse, Tigercat and UPM suspend operations with Russia

09 March 2022
Due to the situation in Ukraine, the disruption in the supply chain surrounding Komatsu has become extremely difficult and the impact on the financial and economic situation remains uncertain. So, in line with its crisis management policy, Komatsu has set up an emergency task force he
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Supply pressures on pallets and packaging in Europe due to Ukraine conflict

09 March 2022
The European Federation of Wooden Pallet &Packaging Manufacturers (FEFPEB) has expressed its deep sympathies and support for the people of Ukraine and advised that the conflict in Ukraine is expected to cause significant pressure on the supply of wood, and therefore pallets and pa
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Webpage dedicated for FSC updates on the Ukraine-Russia crisis

09 March 2022
FSC has launched a page dedicated to all announcements, statements and other updates related to the current Ukraine-Russia crisis. Source: Timberbiz FSC’s leadership is currently discussing the war Russia is leading in the Ukraine. We want to be clear that we are strongly opposed to t
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International stakeholders invited to offer feedback on Responsible Wood certification

09 March 2022
Stakeholders from around the world have been invited to give feedback on the revised Responsible Wood Forest Certification System. Deadline for comments is 28 April 2022. Source: Timberbiz Responsible Wood revised the national forest certification system for Australia and New Zealand
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