Russian Timber Journal 11-2021: Interview with Metin Mete, General Manager at HAYAT Russia; U.S. has decided to almost double the duties on Canadian softwood lumber; U.S. homebuilding surged to an eight-month high in November 2021; Government of the Russian Federation approved the purchase of 75% of RFP Group by a Japanese investor; Russian Railways reports a significant reduction of timber cargo export from Russia in December
January 28, 2022 ` 15:43
Russian Timber Journal 11-2021: Metin Mete, General Manager at HAYAT Russia: “The whole market of paper tissue products is growing by an average of 5% a year”; U.S. has decided to almost double the duties on Canadian softwood lumber...
EU challenges Russian export restrictions on wood at WTO
January 25, 2022 ` 22:14
The EU has requested consultations with Russia at the World Trade Organization (WTO) concerning export restrictions placed by Russia on wood products. The export restrictions consist of significantly increased export duties on certain wood products and a drastic...
Prices for roundwood keep declining на Belarusian commodity exchange
January 12, 2022 ` 22:57
Prices for industrial timber continue to decline at the Belarusian Universal Commodity Exchange, Belarusian Universal Commodity Exchange (BUCE) reported. “In Q4 2021, the price for roundwood in the domestic market continued to decline. For example, prices for high-quality...
Sistema completes sale of minority stake in Segezha Group
December 30, 2021 ` 21:26
Sistema PJSFC announces the closing of the sale of 8.7% of the ordinary shares of PJSC Segezha Group to Bonum Capital Ltd for $150 million. Following the closing of the transaction, Sistema PJSFC stake in the share capital...
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...
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...
Ponsse to open new service centre in Tomsk, Russia
November 22, 2021 ` 18:36
Ponsse has invested more than €2 million in the construction of a new service centre in Tomsk, Russia. The investment aimed to create a modern service centre with a current repair area and a logistics centre with a...
In January-September 2021, timber harvesting in Russia increased by 7.8 million m³
November 17, 2021 ` 12:09
According to the state forest register, timber harvesting in Russia for 9 months 2021 increased by 6.5% YoY (7.8 million m³) to almost 128 million m³, Rosleskhoz reports. The largest growth was observed in the Central and Northwestern...
Ustyansky LPK (ULK Group) started upgrading its forest selection and seed center
October 29, 2021 ` 22:23
The forest area was registered and the forest nursery’s footprint was expanded. They are simultaneously signing contracts for production and delivery of six new greenhouses and construction of 17 hardening sites.
Russian Timber Journal 09-2021: Interview with Tapani Kiiski, President and CEO of Raute Corporation; current situation in the roundwood market, industry’s opportunities and restrictions from 2022; Segezha Group agrees to acquire forestry assets in Siberia for $515 million; Ikea expects shortages due to supply-chain crisis until mid-2022; Oktyabrsky LZK is going to invest over 1 billion rubles to build a sawmill in the Irkutsk Region
October 28, 2021 ` 15:02
Russian Timber Journal 09-2021: Tapani Kiiski, President and CEO of Raute Corporation: “The Russian market has been among the most important ones for Raute over the past 10 years”; current situation in the roundwood market, industry’s opportunities and restrictions...
Russia provided explanations to Finland regarding roundwood haulage by the Saimaa Canal
October 27, 2021 ` 20:24
The comment regarding Decree of the Russian Government (which is excluding roundwood haulage stations, specifically the Saimaa Canal, from the list as of November 1, 2021) was given by Denis Manturov, Minister of Industry and Trade of the...