Timber industry research & analytics 
Plitny Mir completed overhaul of process flow 2 for fiberboard production
July 22, 2020 ` 17:39
On June 11, 2020, overhaul of process flow 2 producing fiberboard was completed at the plant owned by Plitny Mir LLC (located in Emva, Komi). In three weeks, a large scope of work was implemented to repair, do...
European Organization of the Sawmill Industry (EOS) anticipates double-digit production losses
July 20, 2020 ` 17:57
The situation of the European sawmill industry was analyzed by its representatives on June 10 during the first online general meeting of the European Organization of the Sawmill Industry (EOS). The effects of the coronavirus pandemic obviously determined...
Holmen acquires Martinsons
July 20, 2020 ` 16:22
Holmen signed an agreement to acquire Martinsons, one of Sweden’s leading players in sawn and processed wood products. The purchase price is SEK 1.0 billion ($110 million) for 100 per cent of the shares. The acquisition will almost...
EBRD will give loans to Belarus timber industry
July 17, 2020 ` 16:31
European Bank for Reconstruction and Development made a decision to support VMG Group’s business in Belarus. VMG Industry FLLC located in Mogilev Special Economic Zone and Swoods Export FLLC from Borisovo will receive loans. Specifically, the company from...
AVA Company assets were purchased by a new investor
July 17, 2020 ` 16:14
100% of the authorized capital of the woodworking plant, AVA Company LLC, which is currently undergoing bankruptcy proceedings, has changed hands, report several regional-level mass media. The former owner, Longoria Finance Corp. (BVI), sold the asset to Profit...
Russian Timber Journal 06-2020: interview with Thomas Meth, Executive Vice President of Sales and Marketing at Enviva Partners; plywood export from Russia demonstrates confident growth; according to Rosleskhoz data, timber harvesting in Russia reduced by 8% in 2019 by final Rosleskhoz data
July 17, 2020 ` 15:28
Russian Timber Journal 06-2020: interview with Thomas Meth, Executive Vice President of Sales and Marketing at Enviva Partners; plywood export from Russia demonstrates confident growth; according to Rosleskhoz data, timber harvesting in Russia reduced by 8% in 2019...
Setra announces its 2020 1H Results
July 13, 2020 ` 18:14
In 1H 2020, sales of the Swedish Setra Group decreased by 7.4% YoY to SEK 2,203 million ($ 239 million). Operating profit fell 49.6% YoY to SEK 59 million ($ 6,4 million). The effects of the COVID-19 virus continue...
Ilim Timber targets European markets
July 13, 2020 ` 15:42
The three leaders exporting plywood to Europe are Ilim Timber, Zheshart Plywood Mill, and UPM-Kyummene Chudovo. The positions of the largest exporter were transferred to the supplier of softwood plywood Ilim Timber with a volume of 87,300 m3...
Trust Les LLC to start production of wooden veneered panels in the Leningrad region
July 3, 2020 ` 18:03
The expert council of the Industrial Development Fund (IDF) approved a loan of 284.2 million rubles for the implementation of Trust Les’s project (in the town of Mga, Leningrad region) for the creation of export-oriented production of wooden...
In May 2020 Finland reduced timber harvesting by 14%
July 3, 2020 ` 17:45
In May 2020, 3.5 million m³ of roundwood was harvested for use by the forest industries in Finland. This removal volume was down 14% from the previous year and 4% above the ten-year May average. Sawlogs accounted for...
European plywood imports slump
July 2, 2020 ` 17:34
According to analysis of latest UK Government and Eurostat statistics, total plywood imports by the EU27+UK (excluding internal trade) dropped by 16% YoY to 1.58 million m3 from January-April 2020. This follows a dip of 5.3% YoY to...
WRI: The Coronavirus has not stopped the global trade of forest products
July 1, 2020 ` 18:34
The Coronavirus Epidemic has negatively impacted the supply chains for numerous industry sectors worldwide the past few months. Many commodity products saw reduced trade during March and April, a result of reduced demand, closures of manufacturing facilities to...
