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Tag: duties

Global timber market review #22/23-2016

31 December 2016 ` 22:21  
– Latvijas Finieris Group opens a new birch plywood mill in Kohila (Estonia), launching products with RIGA logo there, Fordaq reported. After two investment phases worth €80 million in total, a world-class birch plywood mill has been created:...

Russian timber industry news #21-2016

31 December 2016 ` 15:55  
– AFK Sistema owned by billionaire Vladimir Yevtushenkov made a public proposal of the purchase of all shares of Finnish house-building company Honkarakenne at the price of €1.5 per share. According to Finnish newspaper Helsingin Sanomat, the CEO...

Global timber market review #20-2016

22 November 2016 ` 02:40  
– According to ITTO, the bankruptcy of the Hanjin shipping line has thrown ports and retailers around the world into confusion. Recently written notices were received from shipping companies and agents that the prices for ocean shipping from...

Global timber market review #18-2016

17 October 2016 ` 18:08  
– Austria-based timber group Binderholz is positioning itself to make greater inroads in the UK’s sawn and planed softwood market following the formation of a new UK division, TTJ reported. The company is looking to sell the products...

Global timber market review #10-2016

3 June 2016 ` 15:51  
– With declining log inventories at the Chinese ports (about 40% lower than the same time last year) and an uptick in demand for wood in the domestic market, importation of logs has been trending upwards in the...

Global timber market review #6-2016

7 April 2016 ` 18:19  
– A new deal is being negotiated for sawn softwood exports from Canada to the US market, after the 2006 Softwood Lumber Agreement expired last October, ITTO reported. The US president and Canadian prime minister announced at a...

Russian timber industry news #18-2015

5 October 2015 ` 13:49  
– The Ministry of economic development has decided to ban the export of wastepaper from Russia for four months, as well as to reduce the rate of import duty on coated paper down to 5% for 1.5 years....

Russian timber industry news #17-2015

14 September 2015 ` 22:44  
– RusForest announces plans to develop harvesting operations in its Ust-Ilimsk forest lease areas. The company has recently been subcontracting forest lease areas in Ust-Ilimsk for harvesting by third party. While the subcontracted volumes have been successfully increased,...

Global timber market review #11-2015

18 June 2015 ` 15:17  
– Södra raised the price for standard pine and spruce sawlogs by SEK 20 (EUR 2,16) per cubic metre since 25 May, but a temporary contracting premium of SEK 20 will be introduced to stimulate early contracting. –...

Russian timber industry news #9-2015

4 June 2015 ` 00:22  
– LesInvest and Russian Timber Group signed a cooperation agreement, under which will work together to attract investments to Russia, develop technologies and organizational solutions, designed to improve the competitiveness of enterprises, and cooperate in solving environmental problems....

Russian timber industry news #6-2015

7 April 2015 ` 14:28  
– On March 17, 2015, Lesozavod 25 commissioned a second pellet production line of 60,000 tons per year at its Tsiglomen site. – According to Karelia Pulp CEO Pavel Kalugin, growth of domestic lumber demand led to production...

Russian timber industry news #4-2015

11 March 2015 ` 14:16  
– In the autumn of 2015, three new pellet mills delivered by Hekotek will be put into operation in the Irkutsk region. – The EU requested the establishment of a dispute settlement panel at the World Trade Organization...