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Stora Enso has entered into an agreement to divest its two sawmills in Russia. The Company’s Nebolchi and Impilahti sawmills will be divested to local management. In addition, the divestment includes Stora Enso’s Russian forest operation which through...

The Russian OSB market can still be called a developing one. This year marks the 10th anniversary of the emergence of domestic OSB production in Russia. Until 2012, when private Russian investors decided to create small production venues...

The House of Representatives of the US Congress developed a draft bill prohibiting the import of Russian and Belorussian timber and products thereof. This document was submitted to the House of Representatives on April 7. Specific types of...

Huhtamaki has decided to initiate the process to divest its operations in Russia. This follows an earlier decision to stop all investments in Russia. Huhtamaki considers that the current evolution of the situation and the long-term outlook in...

The expert board of the Industrial Development Fund (VEB.RF Group) approved a loan of 490 million rubles for implementing a project on building a birch plywood production plant in the Vologda Region, at the premises of Plitwood joint...

Based on 2021 performance, Ugra Timber Holding increased its sawn timber output by 4.5% YoY, up to 151,500 m³, according to the group’s information disclosure form. Particleboard and laminated particleboard output also grew (+11.1% YoY, up to 272.6...

Kastamonu has produced 100 million m² of laminate for the Russian market, as reported by the press service of the Turkish company. The mark was reached in February 2022 in 7.5 years. Most deliveries were made for laminate...

Kastamonu will start up a new particleboard production line costing 30 billion rubles at its venue in Alabuga Special Economic Zone, as reported by the company’s press office. Starting up the new line will bring the company’s total...

Russian Timber Journal 02-2022: Jean-Francois Guilbert, Managing Director of FrenchTimber: “Sawn timber prices have been stable for 20 years so they’re catching up now”; WhatWood surveyed its clients — actors in the Russian timber industry market – in order...

Metsä Group (Finland) announced suspension of operations at its only production unit in the Leningrad Region, Russia. Raw material purchasing and supplies to the Group’s Finnish and Swedish plants were also terminated. According to the investment web portal...

Svetogorsk Pulp and Paper Mill may reduce its output or temporarily suspend production due to a shortage of raw material. This was reported by the press office of Sylvamo (USA) that owns the mill. The mill located in...

Government Decree No. 312 dated March 9, 2022 came into force; it bans, until the end of 2022, the export of roundwood (HS code 4403), chips (HS Codes 4401 21, 4401 22) and veneer (HS Code 4408) to...