Tag: investments

Russian timber industry news #10-2016

– The Russian market of laminate flooring in 2016 will remain on the last year’s level. According to the experts of Kastamonu, the total consumption of laminate flooring in 2016 will be about 80 million m2. “The stagnation...

Russian timber industry news #7/8-2016

– Ilim Group has announced the investment of $2 billion in development of its production facilities in the next five years. The company plans to increase annual output by 500 thousand tonnes during this time. – Chinese Hubei...

Russian timber industry news #6-2016

– Lesozavod 25 (Sawmill 25, Arkhangelsk region) is investing RUR 4.8 billion in the modernization of Arkhangelsk LDK-3 sawmill acquired in late 2014 from Rusforest. The project will be implemented until 2018 in two phases. The first one...

Russian timber industry news #2-2016

– At the end of December 2015, Plitspichprom activated the contract with Siempelkamp, which was concluded in 2014, for the supply of a complete particleboard plant including a Generation 8 ContiRoll press. – The Federal Antimonopoly Service of...

Global timber market review #2-2016

– In 2014, the DIY/home improvement world market turnover reached €424.85 bn. According to Fordaq quoting a report from the European Federation of DIY manufacturers (Fediyma), North America, with €269.6 bn, represents more than 63% of the world...

Russian timber industry news #21-2015

– RusForest announced preliminary Q3 2015 production and sales results. Sales to the Japanese market grew, and prices increased slightly, however, overall sales volumes of both sawnwood and sawlogs decreased due to sustained unfavorable market conditions in the...

Mostovdrev looking for investors for furniture production

Mostovdrev JSC (Belarus) is looking for an investor for the development of furniture production, said the General Director of the company Sergey Ososov. The company has completed the implementation of the investment project of MDF/HDF mill and has...

Russian government tightened conditions for obtaining priority investment project status

The Russian government has made changes in the rules of granting subsidies to the forest-based enterprises for implementation of investment projects. The corresponding regulation #862 dated 27 August 2014 was published on the official website. Experts draw attention...

Foreign investments into fixed capital of Russian timber companies reduce

Investments from abroad into the Russian forest-based industries are reducing, as the analytic service of WhatWood agency reported. In particular, the volume of foreign investments into the woodworking sector in the first quarter of 2014 fell by 42%...

WhatWood’s annual review: In 2013, Russian timber industry found its growth points

The last year has not brought any fundamentally new trends to the forest industry of Russia: companies tried to reduce the high cost of log procurement and production, also looking for new points of growth. Eventually export demand...

Sveza to launch pulpmill in Vologda region by 2020

Sveza company shared some details in the press about the project of softwood and hardwood kraft pulp mill in the Vologda region. The technological scheme of the mill was prepared by the consultants of Sweco (Sweden) and Poyry...

Dissolving pulp and second-generation biofuel: Solombalales presented an innovative investment project

Solombalales company presented its investment project at the session of the Russian Chamber of Commerce. Chairman of the Council on strategic development of Solombalales Nikolai Lvov noted that the project is in the stage of concept development and...