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In Q2 2022, Federal Forestry Agency (Rosleskhoz) approved of two applications for the implementation of priority investment projects in the forest sector. The Agency reviews and approves applications that concern providing investment projects with timber supply areas and...

French cargo containment technology provider GTT granted official approval to use SVEZA Gas in its new cargo containment system NO96 Super+, making Sveza the first Russian company to have the ‘approved supplier’ status for GTT’s five existing LNG...

The Government is introducing temporary quotas for the export of recyclable paper and cardboard (waste paper) that will apply from September 3 to December 3, 2022. The quota will be 30,000 tons. The Ministry of Industry and Trade of...

According to Rosstat, the production of Russian sawn timber in January-July decreased by 4.8% YoY to 17.8 million m³. In July, sawn timber production continues to decline: -13.3% YoY, -6.4 MoM.

According to Rosstat, in July 2022, Russia reduced plywood production by 42.4% YoY, producing just over 220,000 m³. In January-July 2022, Russian plywood production decreased by 20.9% YoY to 2.12 million m³.

US imports of hardwood plywood fell for a third straight month, declining by 9% in June, ITTO reports. The 296,900 m³ imported was the lowest volume month of the year and was 2.3% less than the previous June. Imports...

Dropping markedly after two weeks flat, for the week ending August 5, 2022 the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was $610 mfbm, according to Madison’s Lumber Reporter. This is down by...

Mondi plc has agreed to acquire the Duino mill near Trieste (Italy) from the Burgo Group for a total consideration of €40 million. The mill currently operates one paper machine producing lightweight coated mechanical paper. Mondi plans to...

Mondi PLC announced it had entered into an agreement to sell Syktyvkar mill, its most significant facility in Russia, for around €1.5 billion. The disposal is conditional on the approval of the Russian government. The deal is also...

The mill in Manturovo has started up a new automated cutting line for making non-standard plywood sizes. The new line has high energy conservation and energy efficiency performance. The total cost of the project is 43 million rubles....

Iveco has a 33% stake in the AMT truck assembly joint venture with a local partner. Earlier this year, Marx said Iveco had started assessing whether to exit the JV and that, in the meantime, it had suspended...

According to Rosleskhoz, in 2021, timber harvesting in Russia increased by 3.7% YoY to 225 million m³. Almost a third of all harvested timber in 2021 came from the Siberian Federal District.