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According to data from the Federal State Statistics Service (Rosstat) in January 2021, plywood production in Russia increased by 19.5% YoY to 341,000 m³. The output of fiberboard (including MDF/HDF/flooring) also increased by 5.8% YoY to 58.4 mln...

International Paper has entered into an agreement to sell the Kwidzyn pulp and paper mill and supporting operations to Mayr-Melnhof Karton AG for €670 million (approximately $812 million) in cash, subject to closing adjustments for net debt and...

Metsä Fibre, part of Finland-headed forest industry major Metsä Group, has announced that it has made the investment decision to build a new bioproduct mill in Kemi, Finland. The value of the investment is € 1.6 billion and...

With February looming, lumber prices popped back up to recover a drop toward the end of January. In the week ending Jan. 29, 2021, the price of benchmark softwood lumber commodity item Western S-P-F KD 2×4 #2&Btr jumped...

Russian Timber Journal 01-2021: WhatWood Agency interviewed Dmitry Rudenko, Vice President of Segezha Group, about the expectations for wooden housing construction and the CLT construction technology that is relatively new for Russia; WhatWood Agency summarizes key theses of the plenary...

Sveza has put a second CNC machine with programmed numerical control at its mill in St. Petersburg. The new equipment is capable of producing parts of any given configuration from large-format plywood sheets with a thickness of up...

International Paper has entered into an agreement to sell its 90.38% ownership interest in Olmuksan International Paper to Mondi Group for approximately € 66 million. The Olmuksan business includes corrugated packaging facilities in Turkey with an approximate annual revenue of TRY 1,093...

Softwood lumber production in Europe has increased steadily increased over the past five years. Consequently, additional volumes of sawmill by-products, including wood chips, shavings, and sawdust, have become available to other sectors in the forest industry. The added...

In 2020, the volume of wood pulp export from Russia grew by 12.9% YoY, reaching 2.316 million tons, as reported by the Federal Customs Service of the Russian Federation. The value of foreign supplies dropped from 0.5% to...

In 2020, Russia increased its plywood export volume by 5.8% YoY, reaching 2.9 million m³, as reported by the Federal Customs Service of Russia. Russian plywood shipments reduced by 1.6% YoY in monetary terms over the reporting period,...

In 2020, the volume of sawn timber exported from Russia reduced by 6.6% YoY and totaled 14.8 million m³, as reported by the Federal Customs Service of Russia. The value of foreign sawn timber shipments from Russia reduced...

In the framework of the project to arrange a new site for container handling, crane runways have been extended and a railroad track has been completed. The new logistics center has been expanded to perform loading from two...