Timber industry research & analytics 
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...
Russia may increase the number of border security checkpoints for transporting roundwood from Belarus
January 16, 2024 ` 19:09
Moscow sees no reason not to increase the number of checkpoints equipped for roundwood export from Belarus across the Russian territory; it only requires the corresponding infrastructure. This was announced by Alexey Overchuk, Deputy Prime Minister of the...
Rates of timber harvest decline relative to 2022 are decelerating
January 15, 2024 ` 21:14
After 9 months of 2023, the difference was -6% (-5% for softwood and -7% for hardwood harvesting), but after 10 months of 2023, the Federal State Statistics Service (Rosstat) has recorded a difference of -4% (-4% for softwood...
Financial performance of the Russian timber industry began to improve but is still far from the 2021 peaks
January 15, 2024 ` 20:59
Q1 2022 saw the historic high of timber enterprises’ quarterly revenue (740 billion rubles). The financial performance began to deteriorate drastically starting from Q2 2022 as European markets became unavailable. According to an estimate by WhatWood, in 2022,...
Russian Timber Journal 11-2023: Segezha Group’s financial and operating results for Q1-Q3, 2023 and scenarios for 2024; Financial performance of the Russian timber industry began to improve but is still far from the 2021 peaks; Rates of timber harvest decline relative to 2022 are decelerating; Russian plywood production reached 3 million m³ over 11 months of 2023; Construction of a packaging plant worth 19 billion rubles began in the Moscow Region; Ilim Group completed the construction of a pulp-and-cardboard mill
January 15, 2024 ` 10:40
Russian Timber Journal 11-2023: Segezha Group shared its performance over 9 months of 2023, WhatWood quotes the company’s key production and financial performance indicators and presents an adapted management report; According to an estimate by WhatWood, in 2022,...
A large particleboard production site is planned in the Penza Region
December 27, 2023 ` 19:04
RIA-Invest-Group LLC is planning to implement an investment project on building a woodworking plant in the Kuznetsky District of the Penza Region. During the first phase, the company intends to start up a laminated particleboard production line with...
Russian roundwood price growth accelerated in November
December 27, 2023 ` 18:58
The WhatWood agency was regularly receiving reports about the growing pricing activity in the roundwood market throughout November. Traders from the Volga and Central Federal Districts do not think this price change is an upward trend. This is...
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...
Demand for furniture boards exceeded the supply in October
December 18, 2023 ` 20:26
In October 2023, a regular high furniture season came, which coincided with the relatively high demand for furniture boards that had persevered throughout the summer. However, if the demand matched the supply of boards in summer, now the...
Altailes increased the value of investments in an MDF plant construction project in the Kemerovo Region
December 7, 2023 ` 23:15
Kemerovo Woodworking Plant (part of Altailes) continues implementing a previously announced new MDF production venue with a capacity of 250,000 m³ per year in the Kirovsky District of Kemerovo, as reported by Interfax referencing the regional Ministry of...
Rosleskhoz approved an investment project implementation request from the Arkhangelsk Pulp and Paper Mill
December 7, 2023 ` 23:12
The company is planning to increase its wood pulp output. Forest areas with an allowable annual cut of over 0.5 million m³ will be provided to the Mill for project implementation. Over 10 months of 2023, the committee...
Oleg Fokin, Director for Timber Export at Technonicol: “Now is a good time to invest in the woodworking industry”
December 7, 2023 ` 17:31
Technonicol is an example of how large Russian companies are trying to diversify their businesses by investing in timber industry assets. In January 2023, the group purchased four woodworking enterprises in different Russian regions for a total of...
