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WhatWood agency is the only Russian consulting company with core specialization in the timber industry analytics. Within five years of timber market research we have provided services to 130 clients in 15 countries from Finland to Canada, from UK to Korea: industrial companies, banks, investors, government agencies, scientific organizations, and individual entrepreneurs. We have unique contact and knowledge base, as well as deep understanding of the regional industry and market in Russia. We give presentations at major industry events and are cited by the main Russian business media. To get in touch with us, please visit the About Us page. You can also browse the catalogue of our products.

Russian Forest Industry Review 2019-2020: downward price trends, lower financial indicators, a slowdown in the Russian timber industry, and new ‘black swans’

During the entire year of 2019, prices for forest products were remaining on a downtrend appeared at the end of Q3 2018. ‘Super profits’ received by timber enterprises at peak prices of Q1-Q3 2018 allowed companies to form...

Wood-based panels consumption in Russia is at its peak, construction industry is in a state of uncertainty and furniture production has shown an increase of 30%.

May 31, 2019 ` 14:15  
Russia: wood-based panels market in 2018-2019 The consumption of wood-based panels in Russia in 2018 set another record in modern history and amounted to 12.9 million m3 (+12% YoY). The consumption growth was mainly driven by an increase...

Andritz had solid business development in 2Q 2020

August 6, 2020 ` 18:31  
The international technology group Andritz reports a largely solid business development for 2Q 2020 taking into consideration the very difficult general economic conditions. While incoming orders fell sharply YoY (-42.2% to € 1.18 billion), sales rose slightly (5.7%...

Kaamos Timber to establish a new sawmill in Belarus

August 6, 2020 ` 18:06  
The Estonian wood industry company Kaamos Timber entered into a 15 million € loan agreement with the European Bank for Reconstruction and Development (EBRD) whose support will be used to establish a new sawmill owned by the Estonian...

Solomensky Lesozavod LLC received a loan from VTB for a wood pellet production project

August 5, 2020 ` 17:02  
VTB Bank provided Solomensky Lesozavod LLC a loan in the amount of RUB 376 million for a period of three years, reports “Interfax-North-West” with reference to VTB. The interest rate for using the loan has not been specified....

International Paper reports 2Q 2020 results

August 4, 2020 ` 19:08  
International Paper Company IP reported 2Q 2020 net sales declined to $4,866 million in 2Q from the year-ago quarter’s $5,667 million. The reported figure also missed the Zacks Consensus Estimate of $5,124 million. Adjusted cost of sales was...

Segezha Group is selling Medvezhyegorsky LPH for 102 million rubles

August 4, 2020 ` 18:52  
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...

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

August 4, 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...

Germany reports record pellet production in H1 2020

August 3, 2020 ` 16:06  
Despite the corona crisis, in 1H 2020, Germany produced 1.502 million tonnes of wood pellets, thus breaking a new record. The German Energy Wood and Pellet Association eV (DEPV) justifies this with the increasing demand for climate-friendly fuel...

Luzales continues implementation of large-scale investment projects

July 30, 2020 ` 17:33  
The coronavirus situation slowed down some activities but the work at company’s plants never stopped, Valentin Rozhok, Director General at Luzales LLC, reports. “We are continuing construction and startup of new facilities. An area for dry sawn timber...

The Ministry of Industry and Trade has included wood pellets in the list of products under the state support program

July 30, 2020 ` 16:52  
On July 29, 2020, the Ministry of Justice of the Russian Federation registered an order of the Ministry of Industry and Trade of July 2, 2020 “On the approval of the list of products for the purpose of...

Mikhail Gavrilov, Vice President at Saint Petersburg Bank, became a majority co-owner of Soyuz Group

July 29, 2020 ` 16:25  
Mikhail Gavrilov owns a 55% share. The remaining 45% belongs to Yulia Bagieva, niece to Anatoly Serdyukov, report several federal-level mass media. Since 2015, Mikhail Gavrilov has owned a share in Karelia Pulp LLC (the largest Russian exporter...

Mondi Paper Bags acquires paper bag lines from cement producers in Egypt

July 29, 2020 ` 16:17  
Mondi Paper Bags, part of Mondi Group, a leading global packaging and paper manufacturer, has acquired two paper bag lines from Helwan Cement Company and InterCement Sacs, two major cement producers in Egypt. The acquired production lines will...

Wood pellets production will be opened in the Nizhny Novgorod region

July 28, 2020 ` 17:17  
Ros Group of Companies began construction of a plant for the production of wood pellets in May 2020, the press service of the regional government reports, citing First Deputy Governor Yevgeny Lyulin. The production capacity will be 36.000...

About WhatWood project

WhatWood agency is the only Russian consulting company with core specialization in the timber industry analytics. Within five years of timber market research we have provided services to 130 clients in 15 countries from Finland to Canada, from UK to Korea: industrial companies, banks, investors, government agencies, scientific organizations, and individual entrepreneurs. We have unique contact and knowledge base, as well as deep understanding of the regional industry and market in Russia. We give presentations at major industry events and are cited by the main Russian business media. To get in touch with us, please visit the About Us page. You can also browse the catalogue of our products.