investments
Monolit-Stroy is investing 6.8 billion rubles in new production venues
August 2, 2024 ` 17:58
Vladimir Mazur, Governor of the Tomsk Region, and the management team of Monolit-Stroy LLC (Latat trademark) signed an agreement on creating new production venues within the industrial cluster “Forest, Timber Processing, and Forestry Chemistry”, as reported by the...
Ilim Group is planning to implement two investment projects in the Irkutsk Region
June 25, 2024 ` 18:27
The management team of Ilim Group shared its plans of implementing two new investment projects on production upgrading in the region at a working meeting with Igor Kobzev, Governor of the Irkutsk Region. Signing of the agreement between...
In January – April 2024, Rosleskhoz approved 4 priority investment projects on timber industry development
June 24, 2024 ` 14:51
The Federal Forestry Agency (Rosleskhoz) is planning to provide forest areas with an annual timber harvest of about 10 million m³ for the implementation of the approved investment projects. The approved projects are aimed at upgrading of operating...
Russian Timber Journal 04-2024: Interview with Nadezhda Ryazantseva, Analytics Director, Segezha Group; European Union imposes anti-dumping duties on birch plywood from Kazakhstan and Turkey; VLP Group purchased all assets of Metsä Group in the Leningrad Region; Sheksna Wood-Based Panels Plant launched a new MDF production line; after a two-month growth, the plywood production in Russia dropped by 6.2% MoM in April; Ilim Group is planning to implement two investment projects in the Irkutsk Region; in Q1 2024, furniture production grew considerably; in Q1 2024, the roundwood export from Russia grew by 14.6%; birch veneer export from the Vologda Region surged by almost one third
June 17, 2024 ` 16:40
Russian Timber Journal 04-2024: Nadezhda Ryazantseva, Analytics Director, Segezha Group: “In Q1 2024, we saw an increase of demand and prices in some locations”; the European Union announced the imposition of anti-dumping duties on Kazakhstan and Turkey of...
Russian Timber Journal 03-2024: Interview with Evgeny Peshin, Head of Neoparma LLC; a shortage of high-quality raw material for plywood may emerge in the Russian market; Segezha Group published its financial and operational performance results for Q4 2023; International Paper acquires DS Smith for $7.2 billion; Russian timber harvest reached 188 million m³ in 2023; built-in furniture may be included in the mortgage amount; in 2024, Ilim Group is planning to increase its product shipments to China to 2.4 million t; in 2023, investment in the Russian timber industry dropped by 4.8%, down to 188.8 billion rubles
May 2, 2024 ` 15:49
Russian Timber Journal 03-2024: Evgeny Peshin, Head of Neoparma LLC: “Our line is designed for small and medium companies, and this category of entrepreneurs has no access to investment funds”; a shortage of high-quality raw material for plywood may emerge...
Sveza will invest 600 million rubles in its plants in the Kostroma Region
March 18, 2024 ` 19:20
In 2024, Sveza is planning to invest over 600 million rubles in its two plants in the Kostroma Region, which is three times more than its 2023 investments. As reported by the company’s press office, the money will...
Rosleskhoz approved 27 investment projects on timber industry development in 2023
February 8, 2024 ` 16:53
In 2023, The Federal Forestry Agency (Rosleskhoz) approved 27 investment projects on timber industry development (reviewing 15 new applications and endorsing amendments in 12 more projects). These investment projects are aimed at creating new timber processing facilities and...
Upak Group is planning to produce packaging in the Krasnodar Region
January 17, 2024 ` 20:10
Upak Group LLC and the Administration of Armavir have signed an investment agreement that stipulates building a packaging materials plant with a total investment value of 580 million rubles and 140 new jobs. The company produces and sells...
Construction of a packaging plant worth 19 billion rubles began in the Moscow Region
January 17, 2024 ` 20:02
L-PAK started building Phase I of the corrugated cardboard and packaging products production plant in the Kashira Special Economic Zone. The investor has already procured the corresponding permit. This was reported by the press office of the Ministry...
Ilim Group completed the construction of a pulp-and-cardboard mill
January 17, 2024 ` 19:55
The construction of a pulp-and-cardboard mill by Ilim Group finished in Ust-Ilimsk, as reported by the State Residential Construction Supervision Authority of the Irkutsk Region that issued a statement of compliance with the facility’s design documentation requirements. The...
Russian Timber Journal 10-2023: Interview with Andrey Krivoshein, Vice President of the Chamber of Commerce and Industry of Komi; Russia’s wood pellet industry: from a rapid growth to challenging times; US housing starts unexpectedly rise to a six-month high; Russian roundwood price growth accelerated in November; A large particleboard production site is planned in the Penza Region; Russian plywood output increased in October 2023; Komi is planning to double its wood pellet consumption due to boiler houses upgrading
December 27, 2023 ` 15:59
Russian Timber Journal 10-2023: Andrey Krivoshein, Vice President of the Chamber of Commerce and Industry of Komi: “Conversion from fuel oil and coal to biofuel will have a huge synergy effect”; Russia’s wood pellet industry: from a rapid growth to...
Russian Timber Journal 09-2023: Interview with Oleg Fokin, Director for Timber Export at Technonicol; Demand for furniture boards exceeded the supply in October; Global pulp prices have fallen steadily since late 2022, when they reached record highs; Timber products export by trucks to Mongolia and China was allowed for two more years; Segezha Group announces financial and operating results for Q3/2023; Ministry of Industry and Trade suggested cancelling the export duty on pulp and paper products; Russian furniture output surged; Over 9 months of 2023, the Russian roundwood export to EEU countries grew by almost 15%
December 5, 2023 ` 16:51
Russian Timber Journal 09-2023: Oleg Fokin, Director for Timber Export at Technonicol: “Now is a good time to invest in the woodworking industry”; Demand for furniture boards exceeded the supply in October; Global pulp prices have fallen steadily since late...