Russia will drop its planned hike in timber export tariffs to Finland, the Russian Prime Minister Vladimir Putin told Finnish Prime Minister Matti Vanhanen on Wednesday, as reported by Norwegian BarentsObserver newspaper.

Importation of logs to Japan has declined for four consecutive years and was in 2008, 34 percent lower than the previous year and 50 percent lower than in 2004, reports the Wood Resource Quarterly.

Canfor Corporation announced that due to the continued poor softwood lumber markets, it will be taking one week curtailments at 6 sawmills in British Columbia and Alberta, Canada.

Craft-Art Company, the national leader in custom, high-end, solid wood countertops, announced today the retirement of company founder Ken Williamson. Craft-Art, a multi-million dollar enterprise, began in the basement of Williamson-s Atlanta home just over 10 years ago.

Chinese Shangdong Longsheng Import jointly with wood and packing company Honest Timber will acquire struggling French plywood maker Plysorol for an undisclosed sum, as ADP News informed Lesprom Network.

The hardwood market in China may remain weak this year due to the global financial crisis, which negatively impacted furniture demand, according to the American Hardwood Export Council (AHEC), which represents over 100 U.S. hardwood exporters, as China Knowledge informed Lesprom Network.

RISI, the leading information provider for the global forest products industry, today announced the opening of a new office in Helsinki, Finland. The office will serve as an information base for RISI-s Nordic clients as well as complement RISI-s suite of global forest industry information products.

At this year-s European Coatings Show (ECS), ISP introduced a new line of coatings ingredients designed to protect wood from degradation and yellowing caused by UV radiation.

The Juken Nissho plywood mill in Kaitaia, Northland, New Zealand, is cutting costs and hours worked by contractors, as Radio New Zealand informed Lesprom Network.

Norrbotten County Governor Per-Ola Eriksson and SCA CEO Jan Johansson inaugurated SCA’s new window components plant at the Munksund Sawmill in Piteå, Sweden. The investment of nearly SEK 100 million ($12.5 million) creates 24 new jobs, as the company informed Lesprom Network.

An additional 15 sawmills will close across the U.S. South in 2009, removing 750 million board feet of lumber production from the market. This reduction represents a 7% decline over 2008, as Forest2Market informed Lesprom Network.

The UK's first exhibition dedicated to wood energy takes place later this month in the North East of England.

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