MARCH 10 @ 8:00 AM – 9:00 AM The conflict between Russia and Ukraine has escalated quickly and with severe economic sanctions that stand to impact birch plywood supply to the domestic engineered wood flooring industry. As importers, distributors and flooring manufacturers try to quickly determine their next move, a multitude of questions and concerns exist. The Floor Covering Institute and National Wood Flooring …

A worrying development has emerged in recent weeks as TDUK members have reported increasing offers of Birch Plywood coming from the far east, particularly China. It has been nearly six months since Russia’s awful invasion of Ukraine, with few signs the conflict is going to abate anytime soon. Though grain exports began to leave Ukraine this week for the first …

The Russian plywood industry, hit hardest by EU sanctions, continued to decline. Russia’s domestic plywood market has seen excess capacity as exports fell by 16%.    Analysts say the situation could lead to the collapse of small businesses. Even with the Russian government’s pledge to prevent bankruptcy, experts don’t expect the situation to stabilize until the end of the year.    In the first half of …