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Forestry & Logging

News on forestry and logging in Russia.

Segezha Group upgrades its logging trucks in Krasnoyarsk Region

April 15, 2021 ` 19:31  
Segezha Group (a Sistema JSFC company) is completing another investment project to upgrade its timber hauling fleet. The logging branches of Lesosibirsk LDK No. 1 falling within the Angarsky group are preparing to receive 10 tractor trucks and...

Tesla truck test for timber transport

April 14, 2021 ` 17:12  
As part of a pilot project in Canada, Tesla Semis are used to transport wood. Mosaic Forest Management, a forestry company based on Vancouver Island, intends to use electrification to pave the way for emission-free transport. Mosaic explains...

Revenue of Shuyales decreased by 2.7% YoY to 957.426 million rubles in 2020

April 12, 2021 ` 20:21  
Profit on sales of one of the largest timber harvesting enterprises in Karelia decreased by 83.2% YoY to 10.775 million rubles in 2020. The company’s net profit for the reporting period fell by 92.5% YoY and totaled 3...

Timber exporters from Irkutsk are experiencing difficulties in shipping products to China

April 7, 2021 ` 16:47  
When interviewed by FederalPress, Yury Logachev, president of the regional Union of Timber Industrialists and Exporters, said that the problem had been persisting for several months. “It leads to failures to fulfill contractual obligations, financial losses, decreased revenues...

Chinese hardwood log imports fell 17% in 2020

April 1, 2021 ` 19:08  
Chinese hardwood log imports in 2020 fell 17% to 12.64 million m³ (21% of the national total log imports). The average price for imported hardwood logs in 2020 was $232/m³ (CIF), down 6% on 2019.

German Federal Council agrees to restrict logging

March 29, 2021 ` 19:31  
On March 26, the German Federal Council approved the draft ordinance on the restriction of regular logging in the forestry year 2021 (HolzEinschlBeschrV2021). Thus, the permissible standard logging of spruce in the current forestry year – from October...

Investments in the Russian forest industry decreased by 9.8% in 2020

March 25, 2021 ` 19:11  
In 2020, investments in the Russian forest industry decreased by 9.8% YoY to RUB 136.7 billion. Investment in pulp and paper industry decreased by 20.8% YoY to RUB 22.55 bln; investments in forest harvesting fell by 5% YoY...

Russian Timber Journal 02-2021: interview with Russ Taylor, President of Russ Taylor Global; Russian sawn timber market in 2020, outlook for 2021; Metsä Fibre going ahead with € 1.6 billion Kemi bioproduct mill investment; Segezha Group acquires Novoyeniseiskiy Wood Chemical Complex; Uvadrev places an order from Siempelkamp

Russian Timber Journal 02-2021: interview with Russ Taylor, President of Russ Taylor Global; Russian sawn timber market in 2020, outlook for 2021; Metsä Fibre going ahead with € 1.6 billion Kemi bioproduct mill investment; Segezha Group acquires Novoyeniseiskiy Wood Chemical Complex; Uvadrev places an...

Sweden: Decrease in roundwood prices 2020

March 3, 2021 ` 18:09  
The report of statistics on Swedish roundwood prices in 2020 show decreasing delivery prices compared to 2019. The price of pulpwood decreased by 11% and the sawlog price by 7% compared to 2019, according to new statistics from...

Greif sells 28,000 ha of timberlands to Weyerhaeuser

March 2, 2021 ` 18:01  
Greif, Inc. announces an agreement to sell 28,000 ha of timberlands in southwest Alabama to Weyerhaeuser Company for approximately $149 million in cash. Proceeds from the transaction will be applied to debt repayment. While this transaction is subject...

Rosleskhoz will contribute to the experiment for the creation of a unified information system for land and real estate

February 24, 2021 ` 19:59  
The RF Government decided to conduct an experiment to create a unified information system for land and real estate in four Russian regions – in Tatarstan and in the regions of Krasnodar, Perm, and Irkutsk. Eleven federal ministries...