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As of January 1, 2022, unprocessed and roughly processed softwood and precious hardwood logs may no longer be exported from the Russian territory. This ban will affect the activity of around 4,000 organizations that were involved in timber...

On August 2, 2021, the Commercial Court of Bashkiria compelled Development Corporation of the Republic of Bashkortostan to sign a purchase and sale contract for lands in Kirillovo Selsovet, Ufimsky District, Bashkiria, with Kronospan Bashkortostan, as reported by...

The investment project on timber harvesting and wood processing in the Isetsky District is being implemented by TekhnoModel LLC, as reported by the local mass media. By the end of 2021, a wood pellets production line is supposed...

This is reported by the official web portal of Karelia. The investment will reach 2.5 billion rubles. This project is on the list of priority investment projects in the forest sector. It involves upgrading sawmilling assets and increasing...

Angara Les LLC will start producing OSB in Kodinsk, as reported by Interfax Real Estate quoting the company’s Director, Sergey Tarasyuk. 3.1 billion rubles will be invested in this project with the production capacity of 100,000 m³ of...

Kronospan invested 226 million rubles in restoring the lamination line at Igorevsky DOK located in the Kholm-Zhirkovsky District of the Smolensk Region. Peter Kindl, the owner of Kronospan Group, had previously declared his intention to invest 1.5 billion...

VTB Bank opened a line of credit to Uvadrev-Holding LLC — one of the biggest companies in Udmurtia’s wood processing industry. The loan of over 7.3 billion rubles is issued for the term of up to 10 years...

According to Madison’s Lumber Reporter, in the week ending September 10, 2021 the wholesaler price of benchmark softwood timber commodity item Western S-P-F KD 2×4 #2&Btr was $480 ($311/m³). This is up by +$50, or +12%, from the...

Segezha Group has launched commercial production of two new products: white semi-flexible and white high-porosity paper. These are manufactured at the company’s flagship Segezha Pulp and Paper Mill (Karelia). The new products are supplied both to the Group’s...

In 1H 2021, the Company delivered 1.839 million tons of products. Owing to an extensive upgrade of the Bratsk Mill and rebuild of the softwood pulp line of the Ust-Ilimsk Mill completed in 2020, the Company intends to...

According to the data of the Federal State Statistics Service (Rosstat) in January-July 2021, the output of Russian wood pulp increased by 1% YoY to 5.1 million tons. Paper and cardboard production increased over the reporting period by...

According to data from the Federal State Statistics Service (Rosstat) in January-July 2021, plywood production in Russia increased by 10.9% YoY to 2.6 mln m³. The output of fiberboard (including MDF/HDF/flooring) also increased by 20.7% YoY to 420...