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On June 19, Ilim Group has officially inaugurated its new pulp mill in Bratsk (Irkutsk region), the largest investment project completed in the Russian pulp and paper industry over the last 30 years and the world’s largest softwood...

AFK Sistema holds negotiations with VTB bank to acquire Investlesprom holding, one of the largest Russian forest industry companies, as RBK St. Petersburg agency said quoting major Sistema’s shareholder Vladimir Evtushenkov. He said the value of the deal...

Kondopoga pulpmill resumed production at one more papermaking machine, PM5, on June 13. Within first 16 days of June, the mill produced 23,684 tonnes of paper, including 23,213 tonnes of newsprint, out of which 82.5% were exported. Company’s...

Today’s infographics is dedicated to the market of imported softwood lumber in Japan: major commodity streams and price dynamics are presented. You can learn more on Japanese lumber import volumes and prices for planed and non-planed lumber of...

The official opening ceremony of a new sawmilling complex at Lesosibirsk LDK-1 (Krasnoyarsk region) is scheduled for 20 June. Annual raw wood consumption at the mill will grow to Russia’s record 1.5 million m3. Until recently, the mill...

Lesnoy Mir OJSC is going to build large woodworking mill in Kaliningrad region, as Vedomosti business paper reported. The project of constructing the mill, as well as customs & logistics terminal and warehouses, was presented on 7 June...

Biofuel boilers maker, Kovrovskie Kotly company based in Vladimir region, has concluded development & supply contract with SalimCarbEco Green Technology Pte Ltd. (Singapore) to deliver biofuel-powered mini-CHP with capacity of 6000 kWt. Electric energy will be generated with...

Active Energy Group plc (AEG, United Kingdom) has entered into a conditional agreement to acquire the entire issued share capital of Nikofeso Holdings, a Cypriot-registered trading and holding company with its principal subsidiary company, Nikwood, which specialises in...

AS Hekotek company will build a wood pellet production facility at RusForest’s LDK-3 sawmill in Arkhangelsk. The Swedish company has completed a review of its Arkhangelsk assets and has identified the region as a core focus. Following the...

Swedish company Rorvik Timber AB has opened wood procurement office in Russia. Mikhail Zhurba is appointed its administrator. The company is going to increase significantly wood deliveries from Russia to its lumber mills in southern Sweden. “Establishment of...

In this new visual graphics, export market for wood chips made in Russia is presented: major consuming countries and average statistic export prices in 2012, as well as price fluctuations for Russian wood chips in Finland in 2012-2013....

RusForest, a Swedish forestry company with operations in Russia, released its first quarter 2013 interim report. Revenue increased by 43% to SEK 156.9 million (€18.26 million), net profit after the bond restructuring amounted to SEK 188.1 million (€21.89...