Russian Timber Journal 06-2024: Interview with Chongqing Chensen Timber, a Chinese sawn timber trader; Rosleskhoz published final harvesting volumes performance by Russian regions; U.S. nearly doubles duty on Canadian softwood lumber; Sveza purchased Kama PPM; Segezha Group will issue new shares; Ministry of Industry and Trade included a wood processing project by Forest Travel LLC in the list of priority projects; new plywood production facilities were commissioned in the Khabarovsk Region; a Chinese investor will start producing veneer and plywood in the Perm Region by the end of 2024; furniture production in the Northwestern Federal District grew by over 20% in H1 2024
23 September 2024 ` 15:58
Russian Timber Journal 06-2024: Interview with Chongqing Chensen Timber, a Chinese sawn timber trader: “The supply of sawn timber currently exceeds the demand”; Rosleskhoz published final harvesting volumes performance by Russian regions: the Russian timber harvest has been reducing for two consecutive years; the U.S. is dramatically increasing the duty it charges on softwood lumber imports from Canada, setting the rate at 14.54%; Sveza announced the purchase of Kama PPM; the Segezha Group’s management team had decided to issue new shares, the details are to be provided in the fall; the Ministry of Industry and Trade of the Russian Federation included an investment project by Forest Travel LLC in the list of priority investment projects in the forest sector; Tuminsky Priisk LLC commissioned a plywood production shop and a sawn timber drying line within the implementation of a priority investment project; Zhong Hua LLC, an enterprise founded in June 2023 by the Chinese businessman Li Chuanming, is planning to start producing veneer, plywood, wood-based panels, and panels in Lysva by the end of 2024; in H1 2024, enterprises from the Northwestern Federal District increased their furniture production by 20.2%, up to 22.45 billion rubles.
Featured Article:
— Interview with Chongqing Chensen Timber, a Chinese sawn timber trader;
— Rosleskhoz published final harvesting volumes performance by Russian regions;
— U.S. nearly doubles duty on Canadian softwood lumber;
— Sveza purchased Kama PPM;
— Segezha Group will issue new shares;
— Ministry of Industry and Trade included a wood processing project by Forest Travel LLC in the list of priority projects;
— New plywood production facilities were commissioned in the Khabarovsk Region;
— A Chinese investor will start producing veneer and plywood in the Perm Region by the end of 2024;
— Furniture production in the Northwestern Federal District grew by over 20% in H1 2024.
Global Timber Markets News:
— Finland: Roundwood harvest rise up 4% in June
— Interfor sells Philomath sawmill to Timberlab
— Vietnam increases exports of wood and wood products to China
— Canfor announces closure of sawmills in Vanderhoof and Fort St. John
— Plywood manufacturers in India have agreed price increases
— Brazilian exports of wood-based products grew by 7.4% in June 2024
— China’s particleboard production continues to rise
— EU imports from tropical countries shifting away from primary wood products
— In May 2024, Japanese plywood imports down 11% MoM
— EU imports of tropical sawnwood at a low ebb this year
— EU imports of tropical hardwood veneer down 20% in January-May 2024
— U.S. hardwood lumber exports to MENA up 6% in H1 2024
— S.Kijchai orders a 3rd MDF plant from Siempelkamp
— North American lumber supply and demand balanced as Labor Day approaches
— Canadian lumber production drops 10.9% in June
— Suzano completes purchase of 15% stake in Lenzing
— Andritz successfully starts new pulp mill for Suzano
— Nippon Paper Group to reorganize its production system
— US housing starts fall sharply in July
— Canadian housing starts rise 16% in July
— China: Home prices and interest rates fall
— Japan’s housing starts fell 0.2% in July
— Italian wood-furniture sector: continued slowdown in H1 2024
— EU tropical wooden furniture imports rise after a slow start to the year
— In Q2 2024, pellet production stagnates in Germany
— Mayr-Melnhof improves results in Q2 2024
— Interfor reports results for Q2 2024
— Louisiana-Pacific reports sharp rise in net sales in Q2 2024
— SCA reports positive results for Q2 2024
— Stable sales for Boise Cascade in Q2 2024
— Weyerhaeuser reports strong earnings in Q2 2024
— Canfor reports results for Q2 2024
Russian News:
— Rosleskhoz: the time of reviewing forest use reports reduced from 5 to 4 work days
— Russian budget received 26.2 billion rubles for forest use in H1 2024
— VLP Podporozhye reached its design harvesting capacity
— Production of Russian plywood increased by 10% in H1 2024
— Data on particleboard production in June is probably greatly overstated — WhatWood
— ULK Group resumed production of planed moldings at Ustyansky LPK
— Arkhbum Tissue Group resumed production of flushable toilet roll tubes in Russia
— Polotnyano-Zavodskaya Bumazhnaya Manufaktura and Auchan will start producing paper bags from recyclables
— KAMA purchased tank containers for chemicals transportation in China
— A cardboard recycling site will open in the Sakhalin Region
— Segezhsky PPM conducted a scheduled shutdown
— Russian producers of wood-based biofuel are shifting their focus to wood briquettes
— Segezha Group reports the implementation of bioenergy projects in the Krasnoyarsk Region
— Ugra Timber Holding will start building a furniture production plant in 2025
— Pervaya Mebelnaya Fabrika increased its sales revenue by 1.5 times
— Ministry of Construction is planning to finish the testing of CLT houses in August
— Timber trading volume at SPIMEX reached 3.34 million m³ in January—July 2024
— Onega Sawmills shipped the first batch of sawn timber to Egypt during the 2024 navigation season
— Segezha Group announced its Q2 2024 financial and operational performance
— Plitwood launched production of RUF wood briquettes
— Plitwood started producing 5×10 size plywood
— Kostroma Region exported 55,000 m³ of plywood
— 2.4 million m³ of sawn timber was exported from the Krasnoyarsk Region in January—July 2024
— Arkhangelsk Region exported 881,000 m³ of timber products
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