Timber industry research & analytics 
Kovrovskie Kotly to supply biofuel-powered CHP to Singapore
June 14, 2013 ` 01:12
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 to acquire major Ukrainian chip producer
June 14, 2013 ` 01:08
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...
Hekotek to build pellet mill for RusForest in Arkhangelsk
June 14, 2013 ` 01:05
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 sawmiller Rorvik Timber opened wood procurement office in Russia
June 14, 2013 ` 00:52
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...
Wood chips export from Russia: volumes and prices
June 13, 2013 ` 06:57
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 managed to increase revenue and average lumber prices in Q1 2013
June 6, 2013 ` 05:20
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...
WhatWood analytic dep’t: Wood prices and inventories in Russia in April were stable
June 6, 2013 ` 05:14
For most logging companies in Russia, April was an inter-seasonal month, with winter harvesting finished and shipping season and summer harvesting yet to begin. During the inter-season this year, roundwood sales are hindered with regulation #47 of the...
Igirma lumber mill to reach rated capacity in 2013
June 6, 2013 ` 05:07
Irkutsk region governor Sergei Yeroschenko visited Igirma sawmill on May 27 where priority investment project is being implemented. According to deputy CEO of the mill Viktor Mukorez, in 2013 Igirma mill is to reach full capacity. The company...
Irkutsk Customs convicted local company in illegal log trade to China
May 29, 2013 ` 05:21
In Irkutsk region, a criminal investigation is initiated against a local company for illegal log exports and evasion of customs duties in especially big amounts. A company registered in Irkutsk supplied logs to Manchurian Trade Company based on...
Government abolished VAT on imports of equipment for OSB and MDF production
May 29, 2013 ` 04:46
At the website of the Russian Government, the Decree #419 as of May 15, 2013 is published. In accordance with the decree, the list of equipment which has no analogues produced in Russia and is therefore not subject...
RusForest sold Shenkursk and Ust-Ilimsk sawmills as non-core assets
May 26, 2013 ` 00:54
Swedish company RusForest operating in Russia has closed the sale of Shenkursk sawmill in Arkhangelsk region for $1 million. The sawmill has an annual capacity of 80,000 cubic metres of sawnwood, but it has no forestry leases nearby...
Pitkyaranta pulpmill declared bankrupt
May 21, 2013 ` 03:43
The Arbitration Court of Karelia admitted bankruptcy status of Pitkyaranta pulpmill, according to Forest Portal of Karelia. Thus, the court approved the application of the enterprise on its own insolvency. The mill opened bankruptcy proceedings for a period...
