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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...

Turkish company Kastamonu Entegre, one of the largest global producers of wood-based panels, launched a large mill in the Alabuga special economic zone (Tatarstan) on 24 September. The volume of investments into the project amounted to $600 million,...

Dear colleagues, September 21 in Russia is Forest Industry Workers’ Day. We wish everyone a stable investment and political climate and success in every project you do! Happy holiday!

On 5 September, the official ceremony took place at the Boguchansky LPK mill in the Krasnoyarsk region. The first stage of the project, a sawmill line, came online. This plant is part of a major investment project, which...

The Russian government has made changes in the rules of granting subsidies to the forest-based enterprises for implementation of investment projects. The corresponding regulation #862 dated 27 August 2014 was published on the official website. Experts draw attention...

Asia-Les sawmill in Khabarovsk region will start production of pellets from sawmill wastes with a capacity of 70,000 tonnes by 2015. The company will also install a biofuel cogeneration CHP with electrical capacity of 4.5 MW and thermal...

Given the favourable market conditions, the Russian Forest Service intends to hike forest rent in order to increase the profitability of forestry, as Russian Forestry News reported. In 2009-2014, these rates remained unchanged. The draft resolution provides for...