NEWS

Continuously replanting after harvest offsets removals and keeps the average carbon stable across forested lands. Continued investment in sustainably managed forests can increase forest carbon storage while providing a continuous supply of wood for future needs.

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Raute, a leader in plywood and LVL production technologies, has begun a controlled shutdown of existing agreements with Russian customers who are not under sanctions. EU's sanctions against Russia included export prohibitions which are likely to affect some of Raute's deliveries to Russia.

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The National Forest Certification System of Belarus has been suspended by the PEFC International Board after a request from PEFC Belarus. The suspension is effective as of April 18 and will last until the revised system documentation is submitted—at least for six months.

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Timberbiz: Belarus certification suspended

The Chinese Minister of Finance will extend tariff exclusions for U.S. hardwoods through November 30, reported the Hardwood Federation, stating that "business will carry on as usual with no Chinese tariffs on U.S. hardwood lumber and log exports for the next six months."

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The U.S. Department of Commerce has postponed the deadline for issuing its final conclusion on the investigation into possible evasion of anti-dumping and countervailing duties involving hardwood plywood imported from Vietnam. The agency will publish its conclusion by October 17 instead of April 20.

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