L-PACK Kashira LLC will invest 2 billion rubles in producing corrugated cardboard in the Moscow Region
December 5, 2022 ` 21:01
The company intends to build a factory worth 2 billion rubles to make corrugated cardboard and a whole range of other products, including secondary corrugated packaging for milk and juices in Kashira, a town in the Moscow Region,...
Russian printing houses may shut down due to a shortage of western equipment
December 5, 2022 ` 20:55
Top managers of printing houses told Vedomosti that their companies were facing a shortage of equipment and spare parts because of the sanctions and the fact that producers from Europe, North America, and Japan were refusing to supply....
Rosselkhozbank: the volume of the Russian packaging market may increase by 30% by the end of 2025
December 5, 2022 ` 16:49
Analysts from the Center of Macroeconomic and Regional Analysis and Forecasting at Rosselkhozbank estimate that the volume of the Russian packaging market may increase by 30% and reach 1.7 trillion rubles by the end of 2025. Eco packaging...
Segezha Group reviewed the priority of building new pulp and paper mills in Karelia and the Krasnoyarsk Region
December 2, 2022 ` 17:34
Elena Romanova, Head of Investor Relations at Segezha Group, said at Smartlab Conference that Segezha Group had reviewed the priority of projects on launching new pulp and paper mills in Karelia (Segezha West) and the Krasnoyarsk Region (Segezha...
VLP Group reports a crisis in woodworking in the Northwestern Federal District
December 2, 2022 ` 17:31
Alexey Churkin, Chair of the Board of Directors at Vologodskiye Lesopromyshlenniki Group, spoke at the meeting of the Union of Timber Manufacturers and Exporters of Russia and highlighted the acute problems currently faced by the woodworking industry in...
Alexey Mordashov handed over control of Sveza Group to its top managers
December 2, 2022 ` 17:28
After the Russian billionaire Alexey Mordashov was included in western countries’ sanction lists, he decided to hand over his controlling interest in Sveza Group. The timber company previously owned by Severgroup LLC was transferred to the top management...
Fewer countries are importing Russian particleboard
December 1, 2022 ` 13:28
According to WhatWood estimates, the particleboard export over 8 months of 2022 was about 1.1 million m³, which is 11% less than in the same period of 2021. The number of countries importing particleboard made in Russia reduces...
Egypt imports Russian plywood at record-setting rates
December 1, 2022 ` 13:21
After July 8, 2022, when supplies of almost all timber products from Russia to EU countries virtually stopped, the average monthly export of Russian plywood plummeted by a half in physical terms. In May and June 2022, just...
Russian Timber Journal 09-2022: Interview with Vadim Fidarov, Government Relations Manager, Wooden Housing Construction Association; will the Russian market of wooden housing construction be able to compensate for the lost export of sawn timber; EU bans imports of wood pulp and paper from Russia; Egypt imports Russian plywood at record-setting rates; over 9 months of 2022, Russian plywood output reduced by a fourth; Segezha Group reviewed the priority of building new pulp and paper mills in Karelia and the Krasnoyarsk Region; Russian printing houses may shut down due to a shortage of western equipment
November 30, 2022 ` 17:44
Russian Timber Journal 09-2022: Vadim Fidarov, Government Relations Manager, Wooden Housing Construction Association: “Private housing projects are a market of cut-throat competition”; will the Russian market of wooden housing construction be able to compensate for the lost export...
Russian plywood production increases for the first time in a long time
November 24, 2022 ` 13:34
According to Rosstat, in October 2022, compared to the previous month, plywood production increased by 8.7%. In September 2022, there was also growth, but only by 0.1%, which rather indicates a halt in the decline in plywood production...
Sylvamo completes sale of Russian operations
November 8, 2022 ` 12:45
Sylvamo, the world’s paper company, is announcing it reached an agreement and completed the sale of its Russian operations to Pulp Invest Limited Liability Company for $420 million. After foreign currency exchange rates and transaction fees, Sylvamo received...
Alexey Panshin, CEO, Giprobum: “The designer’s task is helping the customer understand in as much detail as possible what it is they want”
November 7, 2022 ` 16:04
Large Russian timber companies have lately been purchasing design institutes to make them a part of their groups. Such institutes perform a series of design operations and render other services on renovation and greenfield construction of pulp and...