Russian Timber Journal 09-2021: Interview with Tapani Kiiski, President and CEO of Raute Corporation; current situation in the roundwood market, industry’s opportunities and restrictions from 2022; Segezha Group agrees to acquire forestry assets in Siberia for $515 million; Ikea expects shortages due to supply-chain crisis until mid-2022; Oktyabrsky LZK is going to invest over 1 billion rubles to build a sawmill in the Irkutsk Region
Russian Timber Journal 09-2021: Tapani Kiiski, President and CEO of Raute Corporation: “The Russian market has been among the most important ones for Raute over the past 10 years”; current situation in the roundwood market, industry’s opportunities and restrictions from 2022; Segezha Group will acquire 100% of the share capital of Inter Forest from Bonum Capital Ltd for $515 million; Ikea gave a bleak outlook for the retail industry, saying it expects shortages from the supply-chain crisis to remain an issue through the middle of next year; Oktyabrsky LZK is going to invest over 1 billion rubles to build a sawmill in the Irkutsk Region
Featured Article:
– Interview with Tapani Kiiski, President and CEO of Raute Corporation
– Сurrent situation in the roundwood market, industry’s opportunities and restrictions from 2022
– Segezha Group agrees to acquire forestry assets in Siberia for $515 million
– Ikea expects shortages due to supply-chain crisis until mid-2022
– Oktyabrsky LZK is going to invest over 1 billion rubles to build a sawmill in the Irkutsk Region
Global Timber Markets News:
– Sweden: Expected high gross felling in 2021
– Koskisen to build Euro €48 million sawmill in Finland
– West Fraser to agree Angelina Forest Products mill
– Georgia-Pacific announced that it is modernizing its Pineland Lumber Complex
– Binderholz plans take over of BSW Timber
– USNR and Wood Fiber Group to merge
– Strong demand continues to push North American lumber prices up
– Valutec to supply €10 million lumber kilns to Vida
– Germany: Price of pellets up 9.1% YoY in October 2021
– Drax to start construction on second biomass pellet plant in US
– European wood furniture production down 5% last year
– In September 2021, U.S. housing starts decreased compared to the previous month
– In August 2021, wooden housing construction in Japan increased by 16.1% YoY to 44,6 thousand units
– Metsä Tissue builds new tissue mill in UK
– EIB provides €300 million loan for SCA’s mill in Obbola
– US containerboard production up 9% in 3Q 2021
– UPM sells its paper mills in Europe
– Pulp makers scrutinised over possible cartel
– Several paper mills have announced price increases for corrugated base paper
– Stora Enso shuts down paper production at Kvarnsveden and Veitsiluoto mills
– Paper shortage hits American retailers when they need It most
– Central/West Africa: Sawnwood exports disrupted due to lack of containers
– Ahlstrom-Munksjö launches PS packaging tape product range
– Metsä Board introduce a 100% recyclable paperboard cup lid
Russian News:
– Russia provided explanations to Finland regarding roundwood haulage by the Saimaa Canal
– Ustyansky LPK (ULK Group) started upgrading its forest selection and seed center
– Sveza to begin its own timber harvesting in Perm Region
– August 2021 saw an active demand for birch pulpwood in the logs market
– Sveza’s facility in St. Petersburg resumes operation after scheduled equipment maintenance
– Segezha Group completes consolidation of ownership of Novoeniseisk Wood Chemical Complex
– Automatic plywood sorting line installed at Cherepovets Plywood and Furniture Mill
– 980 million rubles will be invested in building a timber processing plant in the Tyumen Region
– ULK Group upgraded its green sawn timber sorting line at Pestovsky LPK
– Shortage of high-grade plywood will continue in September 2021
– Segezha Group Has Shipped Products through Singapore for the First Time
– Kama Karton LLC completed investment project implementation in the Perm Region
– Mondi Syktyvkar is planning to invest €300 million in production over the next 3.5 years
– A corrugated cardboard producer from Kemerovo is going to invest 74 million rubles in equipment upgrading
– Russian enterprises are actively increasing their wood pellet production capacities
– ULK Group upgraded its wood pellet loading area at Ustyansky LPK (Arkhangelsk Region)
– Promtech-Invest received EN Plus certificate
– In January-August 2021, Russia increased furniture imports by 34.4%
– Sudoma sawmill opened the biggest furniture boards production site in the Pskov Region
– Bankruptcy proceedings in relation to AVA Company have been terminated
– Arbor Nova is investing 200 million rubles in upgrading furniture elements production
– Kastamonu introduced Class 34 laminate flooring to the Russian market
– Sveza’s Saint Petersburg production facility makes the first batch of maximum size plywood sheets
– In January-July 2021, wood pulp export from Russia decreased by 4.2%
– In January-July 2021, Russian plywood export increased by 12.9%
– In January-July 2021, Russia reduced its export of sawn timber by 3.1%
– In January-August 2021, Russia increased wood pellets export by 5.4%
– In January-August 2021, the Murashinsky plywood plant produced 72,000 m³ of large-format birch plywood.
– The Federal Service for State Registration, Cadastre and Cartography (Rosreestr) included the Russian Pellet Union in the register of Self-Regulating Organizations
– 40 million rubles will be allocated to support timber industry enterprises in Bashkiria
– Ivan Valentik was appointed General Director of Kraslesinvest JSC
– “Sveza” announced a rebranding
– LLC “TIK” (Primorsky Krai) completed the construction of a pellet plant with a capacity of 5,000 tons per year
– Komi resumed subsidizing of biofuel producers
– Segezha Group’s fuel briquettes receive FSC certification
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