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Tag: Japan

There has been a steady decline in the volume of Japan’s plywood imports in 1H 2020

2 September 2020 ` 17:54  
The volume of plywood imports dropped 28% YoY in 1H of 2020. Indonesia and Malaysia are the top shippers of plywood to Japan accounting for over 80% of all plywood imports. In June arrivals from Malaysia were down...

VTK Invest to launch the production of biofuel

24 August 2020 ` 17:00  
The Industrial Development Fund (IDF) has approved a loan of 99 million rubles to VTK Invest LLC (Jewish Autonomous Region, Russia), the press service of the IDF reports. With its help, the company plans to launch the production...

Japan significantly reduced imports of Russian veneer logs

21 August 2020 ` 15:44  
The Russian government has been promoting wood processing in the Russian Far East region and log export duty has been raised step by step, which reduced supply of larch logs for plywood manufacturing in Japan. The duty was...

Russian Timber Journal 07-2020: small enterprises are mastering OSB production; Russian Government gave new instructions for the development of the timber industry; Viktoria Abramchenko, Russian Deputy Prime Minister, proposes to combine the powers of forestry and timber industry in one federal body

Russian Timber Journal 07-2020: small enterprises are mastering OSB production, interview with the head of Rozas LLC, an OSB production newcomer; Russian Government gave new instructions for the development of the timber industry; Viktoria Abramchenko, Russian Deputy Prime...

Japan’s plywood imports from China over 20% lower in May 2020

4 August 2020 ` 18:26  
Until March 2020 Japan reported a slight increase imports of plywood from the top three shippers, Indonesia, Malaysia and China. Starting in April and so far statistically recognized also in May import volumes trended down. Plywood imports from...

Japan’s imports of wooden kitchen furniture slumped in April 2020

21 July 2020 ` 16:47  
Year on year, the value of April imports was down 29% and compared to the value of March imports there was a 22% decline in April. The most notable change month on month was in the value of...

Setra announces its 2020 1H Results

13 July 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...

Declining of sawn timber exports from Russia: 2008-2009 Vs 2020

19 June 2020 ` 12:30  
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...

Russian Timber Journal 05-2020: how the current decline in exports of timber products caused by COVID-19 is similar to the situation of the 2008-2009 crisis; the Russian Government granted a six-month deferral to priority investment projects in the forest sector; DNS Les started producing OSB in Primorsky region

Russian Timber Journal 05-2020: comparing the 2008-2009 crisis with the current decline of forest products exports during the pandemic; in the Russian Far East was opened the first OSB production; the Russian government has granted a six-month deferment to...

In 1Q 2020, China’s plywood exports fell 85%

20 May 2020 ` 13:02  
According to China Customs, in 1Q 2020, China’s plywood exports were 1.85 million m³ valued at US$787.6 million, a drop of 85% and 82% respectively over the same period in 2019. The main markets for plywood exports in...

RFP Group, the largest company in the Russian Far East, may change of ownership

13 May 2020 ` 18:25  
The main shareholders of the RFP Group Roman Abramovich, Alexander Abramov and Alexander Frolov want to cut their shares in the company, Kommersant reports. This refers to finding a new investor who is ready to acquire an equity...