News in international markets

Russian timber harvesting firms are closing faster than new ones open, with registrations down 19.9% and liquidations up 9.6% through August.

Brazilian exports of wood-based products (excluding pulp and paper) totaled $251.2 million in August, up 14% from a year earlier, the ITTO reported.

Stora Enso plans to discontinue CLT production at its Gruvön sawmill in Sweden by yearend.

Paraguay and J.P. Morgan Natural Capital announced an approximately US$200 million investment to develop a large-scale sustainable forestry platform.

Europe’s timber industry faces prolonged weak construction demand, industrial recession, and regulatory pressure as companies focus on efficiency and exports.

Russian timber companies are seeking changes to forest management rules taking effect in September 2027, citing delays, rising costs, and lease risks, Kommersant reported.

Primatræ, a timber company in East Jutland, Denmark, has entered bankruptcy proceedings after just over four years in operation and three years of losses, Interior Daily reported.

The EU has updated its deforestation-free products regulation (EUDR), with compliance beginning December 30 for large and medium operators.

Stora Enso has completed negotiations to permanently close its sawmill in Kemi, Finland. Production has been curtailed since August and will now be permanently discontinued.

Latvia’s State Forest Service estimates nearly 500,000 cubic meters of trees were damaged by the August 22–23 storm.