Tag: Segezha Group

Russian Timber Journal 08-2020: Ranking of Top 100 Russian timber industry companies in 2019: slowing down as global economy growth decelerates; interview with Management at Metadynea – Russia’s largest synthetic resins producer; the Russian wood-based panel sector is trying to recover from the recession of the coronavirus crisis

Russian Timber Journal 08-2020: the total revenue of the Top-100 forestry companies in 2019 amounted to RUB 1.19 trillion, which in current prices is only 0.44% more than in 2018, and this is the minimum growth rate over...

Segezha PPM sets a record of paper shipments in July 2020

In July 2020, Segezha Pulp and Paper Mill (Segezha Group, part of AFK Sistema) increased paper shipments by 50% YoY to 36.000 tons, the press service of Segezha Group reports. The company’s management notes that this is a...

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...

Segezha Group is selling Medvezhyegorsky LPH for 102 million rubles

Segezha Group put up for sale Medvezhyegorsky LPH — a sawn timber production plant located in Medvezhyegorsk, Karelia).  The holding estimates its asset at 102 million rubles. The total land plot area exceeds 172,000 m², the production capacity...

New scarfing line launched at Sokolsky DOK

A new scarfing line designed by Austrian-Slovenian Company Ledinek Engineering has become operational at Sokolsky DOK of Segezha Group (part of PJSC Sistema) in the Vologda region. The line capacity is 25 m³ of laminated products per hour....

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

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...

Russian plywood prices grew for the first time since February 2019

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...

Segezha Group announces IFRS results for Q1 2020

The Company’s revenue dropped by 1.1% to RUB 14.3bn. OIBDA in Q1 2020 is down 33.6% YoY to RUB 2.6bn. The key factor that had a negative impact on the Group’s financial results is the decrease in paper...

In 1Q 2020, Sokolsky PPM sales rose by 8.7%

In 1Q 2020, sales profit of Sokolsky Pulp and Paper Mill (part of the Segezha Group) increased by 39.8% YoY to 35.2 million rubles. Revenues for the same period increased by 8.7% YoY to 295.2 million rubles. The...

In January-April 2020, Onega LDK (part of Segezha Group) increased the sawn timber export by 30%

In January-April 2020, Onega LDK increased the sawn timber production by 3.1% yoy to 79,344 m³, exports for the same period increased by almost 30% to 51,360 m³, Segezha Group reports. The plant ships sawn timber to containers...

Russian Timber Journal 04-2020: Opinion poll of Russian timber companies on the impacts of the coronavirus on outputs and sales; the Government of the Russian Federation approved a list of systemic timber enterprises and measures to support them; how the spread of COVID-19 affects operations of world timber companies (update)

Russian Timber Journal 04-2020: in mid-May 2020, WhatWood agency conducted an express survey of the largest timber industry players about how the coronavirus epidemic affected their production activities and the sales situation; the Government of the Russian Federation approved...

Segezha Group is on the rise of log supply chain

At the beginning of 2020, Segezha Group acquired a sawmill asset of Karelian Wood Company, which has leased forest areas (please refer to the issue Russian Wood Resources Report 01-2020). In addition to additional 205,000 m3/y by AAC,...