Woodworking

In January-October 2020, the exports value of forest industry products totalled in real terms € 8.60 billion. Compared to the same period previous year the exports value decreased by 16% (deflated using wholesale price index). In January-October 2020,...

Ugra Timber Holding will put into operation an LVL beam impregnation line and modernize its boiler house. Investments will amount to 131.9 million rubles, of which 46.17 million rubles can be financed by the Industrial Development Fund (IDF)...

EvrofangruppSibir LLC (EFGS) invests 1.5 billion rubles in the construction of Anzhersk Plywood Mill (in the town of Anzhero-Sudzhensk, Kemerovo region). The start-up is scheduled for the end of 2021, the production capacity will be 60,000 m³ per...

The investment project is being implemented by Lesnoy Soyuz LLC. The enterprise is engaged in timber sawing and planing in the village of Novoslobodsk of the Kaluga region. The Industrial Development Fund (IDF) has approved a loan of...

Metrie, a North American manufacturer and distributor of interior millwork, has announced its acquisition of Pacific MDF Products Inc. and Canadian MDF Products Company, collectively known as Pac Trim, located in Rocklin, Calif., and Edmonton, AB, respectively. Metrie...

Imports of sawn tropical hardwood rose only 2% in October as imports for 2020 continue to lag far below those of 2019, reports ITTO. The 13,491 m³ imported was more than 38% below the volume imported in October of...

Russian retail prices for particleboards began to rise in November 2020. In Moscow, the price for particleboards of the most popular thickness among furniture makers – 16 mm – rose by 40% YoY to 13,578 rub. per m³...

The company headquartered in Switzerland will build an OSB plant in the town of Sharya, the total investments are about 20 billion rubles. The memorandum of understanding has been signed by Governor Sergey Sitnikov and Martin Brettenthaler, Chairman of...

The Ministry of Industry and Trade has declared the priority investment project in the forest sector for the renovation of the production facilities of Kharovsklesprom completed. The investments have totaled 2.38 billion rubles, 181 jobs have been created....

The Administration of the Vladimir region and one of the largest timber harvesting and processing companies in Russia, Luzales (Komi Republic), have signed a framework agreement on cooperation for the construction of a woodworking plant. Luzales is ready...

Novator +52 project is included in the list of priority regional investment projects with the provision of tax incentives. It was decided unanimously at the Gubernatorial Investment Council of the Vologda region. The investment project is estimated at...

Russian Timber Journal 11-2020: by the directive of the Sakhalin regional government, it is planned to construct one of the largest wood processing centers in all of Russia; Russian retail prices for particleboards began to rise; Yury Shishkunov: “If...