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News of the Russian forest-based industries: forestry, logging, woodworking, pulp and paper, biofuel, and construction.

Vologodsky Les is planning to invest 3.5 billion rubles in expanding its woodworking facilities

December 7, 2021 ` 17:45  
Vologodsky Les intends to invest 3.5 billion rubles in upgrading its plywood production site and creating new timber processing facilities, as reported by the official web portal of the Government of the Vologda Region. The investment project received...

3.8 billion rubles will be invested in OSB and glued wooden structures production in the Vologda Region

December 7, 2021 ` 17:49  
BioLesProm is planning to build a woodworking enterprise for 3.8 billion rubles in the Verkhovazhsky District of the Vologda Region. The investment project that received a priority status includes commissioning an OSB production site with the capacity of...

Government of the Russian Federation approved the purchase of 75% of RFP Group by a Japanese investor

December 7, 2021 ` 17:38  
On November 29, the Government Committee on Foreign Investments Control chaired by Mikhail Mishustin, Prime Minister of the Russian Federation, approved the sale of 75% of RFP Group, a timber industry group from the Far East, to Iida...

Russian Wood Resources 11-2021: In November, the Russian logs market witnessed a higher demand for and a local shortage of the roundwood pulpwood group

December 6, 2021 ` 14:19  
Not all regions were able to start winter harvesting in November. Logs could not be hauled in the European part of Russia (in central and north-western regions) because of humid weather and the continuing period of impassable roads....

Arkhangelsk Pulp and Paper Mill will invest 500 million rubles in building a new tree seed center

December 3, 2021 ` 16:13  
The mill’s corporate selection and seed center whose area will exceed 10 ha will become one of the most contemporary in Russia. A greenhouse and a laboratory complex will be built in its territory, which will accommodate a...

A woodworking production site will be upgraded in the Tver Region

December 2, 2021 ` 19:41  
A project on upgrading Peno Woodworking Factory by Discovery-Peno LLC is included in the list of priority investment projects in the forest sector of the Russian Federation. It will be implemented by 2026 and create 85 jobs. The...

U.S. duties on Canadian softwood lumber to almost double

December 1, 2021 ` 19:55  
The United States has decided to almost double the duties on Canadian softwood lumber from most producers to 17.9%, Canadian Trade Minister Mary Ng said on Wednesday, adding that Canada is “extremely disappointed.” The current rate for most...

Sveza starts shipping plywood for Kögel GmBH

November 30, 2021 ` 17:36  
Sveza has shipped first batches of plywood to Kögel GmBH, one of the world’s largest producers of cargo trailers, from its mill in St. Perersburg, Russia. Earlier, Kögel successfully tested Sveza’s trailer flooring plywood at its manufacturing facility...

Rising Q3/2021 log prices in Sweden

November 26, 2021 ` 19:12  
In 3Q 2021 shows rising sawlog prices in Sweden both on a monthly basis as well as on a yearly comparison. Pine logs cost now an average of SEK 496/m³ (€ 49.6/m³) a 1% rise over Q2/2021, while...

Russia increased sawn timber production in January-October 2021

November 25, 2021 ` 19:17  
According to data from the Federal State Statistics Service (Rosstat) in January-October 2021, Russia increased sawn timber production by 2.5% YoY to 25.4 million m³.

Russia increased wood-based panels production in January-October 2021

November 25, 2021 ` 18:37  
According to data from the Federal State Statistics Service (Rosstat) in January-October 2021, plywood production in Russia increased by 7.8% YoY to 3.7 million m³. The output of fiberboard (including MDF/HDF/flooring) also increased by 14.5% YoY to 611...

Interfor to acquire Eacom Timber

November 24, 2021 ` 23:59  
Interfor Corporation has reached an agreement with an affiliate of Kelso & Company to acquire 100% of the equity interests of Eacom Timber Corporation. The purchase price is CAD 490 million, on a cash and debt free basis,...