Woodworking

According to the Federal State Statistics Service, the average producer’s price of Russian plywood in the domestic market in May increased by 7.8% YoY to 26,595 rubles / m³ ($ 365). Export prices up to 12.4% YoY to...

The company is going to increase wood processing by 50,000 m³ per year and thereby raise the output of dry birch boards and furniture blanks by 1.5 times. Additional investments of about 50 million rubles will be required.

In January-April 2020, Russian sawn timber exports decreased by 6% YoY to 9.96 million м3. In April 2020, exports decreased by 13.3% YoY to 2.77 million м3. The largest importer of Russian sawn timber – China, in January-April...

UPM Plywood is planning to permanently close its Jyväskylä plywood mill, which is producing spruce and birch plywood. The company starts a consultation process concerning the entire personnel working at the mill. The Profitability of Jyväskylä plywood mill...

The main problem of accounting for the export of unprocessed roundwood and primary processed timber is, according to the authorities, the difference in customs duties on different commodity items of timber. For example, unprocessed or roughly processed wood,...

Norwegian timber holding company published a report on the results of work in 1 quarter. 2020, Norske Skog revenue declined 13.7%. The company’s revenue for the reporting period amounted to about $ 284.4 million. EBITDA for the first...

In the global financial crisis the downward trend lasted for six consecutive quarters in 2008-2009 (from Q4 2007 to Q1 2009). The strongest decline was in the European direction: exports from Russia dropped by 27% (which was the...

Despite the difficult epidemiological world situation in Q1 2020, particleboard exports from Russia grew by 21% and amounted to 458,000 м3. For example, in 1Q 2019, there was a decrease particleboard exports by 5.5% YoY to 378,000 м3....

In 1Q 2020, softwood and hardwood logs exports from Russia to Finland decreased by 8.8% to 1.12 million m3. However, exports of hardwood raw materials almost did not change: there was just a slight decrease of 1.4% to...

According to the Federal State Statistics Service (Rosstat), plywood production in Russia in January-May 2020 decreased by 5.9% YoY to 1.6 million m³. The production of fiberboard (including MDF / HDF / floorings) also decreased by 15.2% YoY...

As the media office of the Industrial Development Fund (IDF) reports, its expert council approved a loan for the implementation of Holz House’s project in the Kirov region. Holz House will organize production of glued beams, wood pellets,...

Les-Export company is creating a harvesting infrastructure in Aleksandrovsky and Kargasoksky districts along with the facilities for integrated wood processing in the village of Krasny Yar. The project is expected to be implemented before 2024, investments will amount...