Biofuel

Prices of wood pellets have been extremely consistent in Europe over the past decade. For instance, the average annual growth of wood pellet prices in Germany was only 0.24% from 2012 to 2021. The prices have actually dropped...

According to Rosstat, in January-August 2022, the volume of Russian wood pellet production decreased by 12.7% YoY to 1.424 million tons. Production in August compared to July decreased by almost 13% — this is the highest percentage decrease...

Alexander Chepik, Prime Minister of the Government of the Republic of Karelia, held a meeting with representatives of the wood pellet industry. Previously, the products of the regional timber industry were mainly supplied to Europe. Under the new...

The closure of European sales markets contributed to a sharp decline in Russian biofuel production. According to Rosstat, in July 2022, the volume of fuel pellet production in Russia fell by 34.8% YoY. In January-July 2022, production decreased...

In the period from January to July 2022, Sveza’s plywood mill in St. Petersburg produced 2,331 tons of premium quality RUF wood briquettes. Large retail chains, traders, construction depots, and end users such as bathhouses, saunas, and individuals,...

As of July 10, the export of wood pellets to the European Union, which used to consume 90% of wood pellets made in Russia, stopped. Over 6,000 people employed in the wood pellet industry may lose their jobs...

Drax Group plc released financial and operational results for the first half of 2022, reporting significant increases in both operating profit and wood pellet production when compared to the same six-month period of 2021. Drax produced approximately 2...

Russian Timber Journal 05-2022: Alexander Shangin, CEO, Vologodskiye Lesopromyshlenniki Group: “Substantial assistance to systemically important federal-level enterprises is currently non-existent”; roaring demand in 2021 caused a consumption/supply imbalance in the Russian MDF/HDF market; Rosleskhoz urges for reduced liability of forest users...

Stora Enso has entered into an agreement to divest its two sawmills in Russia. The Company’s Nebolchi and Impilahti sawmills will be divested to local management. In addition, the divestment includes Stora Enso’s Russian forest operation which through...

Russian Timber Journal 02-2022: Jean-Francois Guilbert, Managing Director of FrenchTimber: “Sawn timber prices have been stable for 20 years so they’re catching up now”; WhatWood surveyed its clients — actors in the Russian timber industry market – in order...

In January 2022, the volume of wood pellets output in Russia grew by 13.6% YoY, reaching 204,000 tons, as reported by Federal State Statistics Service (Rosstat).

The largest Danish energy company Orsted has announced a halt in purchases of Russian coal and biomass (including wood pellets) for its power plants. In 2021, Denmark became the largest consumer with a market share of 39% of...