In Q1 2019, Segezha Group’s revenue increased by 19.4% year-on-year to RUB 14.5 billion
June 12, 2019 ` 09:20
OIBDA rose to 82.4% year-on-year and amounted to 4.0 bln RUB, OIBDA Margin was 27.4%, reported company’s press-service. As Mikhail Shamolin, President and Chairman of the Board of Segezha Group, noted, “in Q1 2019, Segezha Group reached a...
Russian Timber Journal 05-2019: WhatWood interview with CEO of Altailes; Causes of dropping prices for Russian plywood; Wood product exports hit by US tariffs; Rosleskhoz supported distant monitoring of forests; WhatWood’s study of Russian forest products exports and imports for 4 years; Sawmill profit margins fell substantially in North America
June 11, 2019 ` 11:30
Russian Timber Journal 05-2019: WhatWood interview with CEO of Altailes; Causes of dropping prices for Russian plywood; Wood product exports hit by US tariffs; Rosleskhoz supported distant monitoring of forests; WhatWood’s study of Russian forest products exports and...
VEB.RF declared a strategic partner for the construction of a new pulp and paper mill in Krasnoyarsk region
June 11, 2019 ` 08:00
VEB.RF and the investment company Rockwell Capital signed a Memorandum of intent to establish a holding company as part of the implementation of a joint strategy in the timber processing complex of Russia. As the first project, the...
The plant for the production of torrefied pellets will be built in the Novgorod region
June 10, 2019 ` 13:55
The agreement on the implementation of the investment project for the construction of a plant of torrefied pellets was signed on June 6, 2019, by Governor Andrei Nikitin and General Director of Sila Prirodu LCC Leonid Kondrashov. Under...
Naberezhnye Chelny cardboard and paper mill will produce large corrugated packaging on the Italian line
June 9, 2019 ` 17:40
The plant signed a contract with Engico in March 2018 for the supply of Jumbo line for the manufacture of large corrugated packaging, the corporate press service reported. The new project focuses on the production of the Chinese...
700 million rubles will be spent on the development of wooden housing in the Tambov region
June 8, 2019 ` 16:40
As part of the St. Petersburg international economic forum on June 06, 2019, the administration of the Tambov region and Tamak Holding AG (Republic of Austria) signed an agreement of intent to cooperate in the implementation of the...
Sveza is one of the few in the world launched a line of UV-varnishing plywood
June 7, 2019 ` 19:15
As reported in the press release, in the framework of a comprehensive program of modernization of production facilities, Sveza put into operation a new line of production of plywood with UV-coating at its plant in St. Petersburg. Processing...
Korea invests more than $100 million in the woodworking industry of the Sverdlovsk region
June 6, 2019 ` 15:30
As reported in the press release, the Corporation for the development of the Middle Urals at the site of the representative Office of the Governor of the Sverdlovsk region in the state authorities of the Russian Federation concluded...
An investment project worth over 522 million rubles is being implemented in the Ryazan region
June 6, 2019 ` 11:45
During a working trip to Sasovsky district, the Governor of the Ryazan region Nikolai Lyubimov got acquainted with the work of Toplivnue technologies LLC. The investment project for the creation of a new logging and wood processing enterprise...
Ilim Group has signed a contract with Voith to supply the world’s most powerful cardboard machine
June 5, 2019 ` 14:30
Ilim Group signed a contract with German engineering group Voith to supply cardboard machine XcelLine. Its commissioning is scheduled for the end of 2021 at the new pulp and cardboard plant in Ust-Ilimsk – the main project of...
Nikolay Nikolaev: “When information is distorted, objective decisions cannot be made»
June 3, 2019 ` 11:30
On June 03, 2019, the fourth stage of the National forest forum started in Yakutia. When discussing the state of the forest industry on one of the main thematic areas of the “Forest law in action” the Chairman...
International Paper announced its intention to sell its business in India
June 2, 2019 ` 19:00
On May 29, 2019, International Paper entered into an agreement with West Coast Paper Mills Limited (WCPM, India) to sell a controlling stake in International Paper APPM Limited, according to the press service of International Paper. International Paper...