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The State Duma adopted amendments to the federal law “On wastes of production and consumption”, which will greatly facilitate the collection of raw materials for the production of recycled cardboard, according to the League of wastepaper processors (part...

Swedish company RusForest announced sale of Arkhangelsk assets in Northwest Russia for approximately $31 million, including the related debt. The company executed a definitive sale and purchase agreement with several buyers, including Lesozavod 25 (Arkhangelsk, belongs to Titan...

The decline in consumption in the Russian market along with the favourable situation on export markets has led to a redistribution of trade flows, according to a message from Sveza Group. In the first half-year, domestic sales declined...

Turkish company Kastamonu has presented products made at its new Russian mill located in the special economic zone “Alabuga” (Elabuga, Republic of Tatarstan). The presentation was held in the framework of the 26th international furniture exhibition “Mebel-2014” in...

Kama PPM, a former asset of Investlesprom, changed its owners to the Vice-President of PIK Industry Mikhail Tyasto and the top managers of Latvian Irita-Lat, Kommersant business paper reported. The sources of the newspaper believe that the ultimate...

Mostovdrev JSC (Belarus) is looking for an investor for the development of furniture production, said the General Director of the company Sergey Ososov. The company has completed the implementation of the investment project of MDF/HDF mill and has...

Deliveries of Russian softwood lumber to the export markets for the first nine months of 2014 increased by 8% to 16.3 million m3, according to analysts of WhatWood agency. The highest growth was shown by Egypt (+23% to...

The Japanese Sojits Building Materials Corporation may become a shareholder of BM Sakhalin, as Interfax – Far East news agency reported with a reference to the BM Sakhalin CEO Konstantin Beznosyuk. BM Sakhalin is now building a large...

PMF (“First furniture factory”) belonging to entrepreneur Alexander Shestakov formed a joint venture (50/50) with the German furniture manufacturer Alno (belongs to Whirlpool concern), as reported by Delovoy Peterburg paper. During the year, the partners will invest €50...

Kronospan holding has launched Russia’s fourth OSB mill in in Egorievsk, Moscow region (after Hillman, Novovyatsky LK and DOK Kalevala) with a capacity of 350,000 m3, this is stated in the updated study by WhatWood agency “OSB market...

Entrepreneurs from Finland are interested in a monthly supply of 16,000 m3 of hardwood chips from Totemsky district of the Vologda region, this was discussed at the meeting of the head of the district Sergey Selyanin with potential...

First Vice-Governor of Primorsky region Vasily Usoltsev met with the Director of the Department for international development of the Japanese Iida Group Holdings Ishi Kumagai, as announced by the regional administration. The Japanese company intends to build a...