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As the month drew to a close and players recovered from the shock of a big pop in lumber prices two weeks ago, for the week ending February 25 these price increases slowed down. After a big pop...

Due to the current supply chain disruption and the uncertainty of the financial and economic situation, the Japanese forestry equipment manufacturer Komatsu has decided to suspend shipments to Russia for the time being. In line with its crisis...

UPM will cease its deliveries to Russia for the time being. UPM businesses will keep the Russian customers and suppliers informed of the situation. In Russia, UPM employs 800 persons most of whom work at the Chudovo plywood...

Inter IKEA Group has taken the decision to pause all export and import in and out of Russia and Belarus. Inter IKEA Group has taken the decision to pause all IKEA Industry production operations in Russia. This also...

Ponsse Plc has decided to discontinue temporarily all export operations to Russia and Belarus for both PONSSE forest machines and their spare parts. Also the Ponsse Group’s Russian subsidiary OOO Ponsse is discontinues temporarily its local spare parts...

Stora Enso announced that they will stop all production and sales in Russia until further notice. Stora Enso has three corrugated packaging plants and two wood products sawmills in Russia (according to WhatWood, the total annual sawn timber...

According to the data of the Federal State Statistics Service (Rosstat) in January 2022, the output of Russian wood pulp increased by 2.1% YoY to 785,000 tons. Paper and cardboard production increased over the reporting period by 8%...

According to data from the Federal State Statistics Service (Rosstat) in January 2022, Russia increased sawn timber production by 2.3% YoY to 2.1 million m³.

In January 2022, plywood production in Russia decreased by 3.2% YoY to 345,000 m³, according to Rosstat. Fibreboard production (including MDF/HDF/flooring) increased by 7.3% YoY to 62.5 million conventional m², the production of particleboard (including OSB) increased by...

PLPK (Perm) is going to upgrade Gremyachinsky DOK and increase its sanded plywood output after receiving a loan of 65 million rubles from the Industrial Development Fund (IDF). The company is also going to produce boards for bed...

DOK-Lesnoy LLC will start producing thermally modified planks in Lesnoy Advanced Social and Economic Development Area in the Sverdlovsk Region. Another resident of this territory, Greenwood LLC, is going to be the anchor vendor of raw material for...

Mega Smart, a producer of furniture from particleboard and MDF from Kazakhstan, intends to build an OSB production plant in Bashkortostan, Rustam Muratov, First Deputy Prime Minister of the Bashkiria Government, declared. According to him, the new enterprise’s...