Mayr-Melnhof Holz invests in CLT production in Austria
June 8, 2021 ` 17:06
Mayr-Melnhof Holz is investing €150 million in its plant in Leoben and wants to create an additional 50 jobs there. The plan is for the new cross-laminated timber plant to go into full operation in just under two...
Segezha Group and the Republic of Karelia confirm intention to construct a state-of-the-art pulp and paper industrial complex
June 3, 2021 ` 23:59
On June 3, at the St. Petersburg International Economic Forum (SPIEF 2021), Mikhail Shamolin, President of Segezha Group (a Sistema company), and Arthur Parfenchikov, Head of the Republic of Karelia, signed a letter of intent for the implementation...
Plyterra commissioned the second plywood production line in Mordovia
June 1, 2021 ` 19:48
Artem Zdunov, Acting Head of Mordovia, participated in commissioning a new automatic veneer drying and sorting line. The investment value was 2.25 billion rubles; 999 million of these are loans at 1% per annum from the Industrial Development...
Södra to raise price of NBSK to $1,380/tonne
June 1, 2021 ` 17:52
Södra Cell is increasing the price of its northern bleached softwood kraft (NBSK) pulp in Europe to $1,380, effective 1 June 2021. “In Europe a robust demand for NBSK is outpacing supply. This announcement reflects the overall market...
4.4 billion rubles will be invested in plywood factory construction in the Pskov Region
June 1, 2021 ` 00:44
Lesprom is going to invest 4.4 billion rubles in building a plywood factory with a capacity of 60,000 m³ per year. This investment project was approved by the expert panel chaired by Mikhail Vedernikov, Governor of the Pskov...
Karelia DSP paid its salary debts in full
June 1, 2021 ` 00:39
The salary debt at Karelia DSP plant in Pindushi settlement has been paid in full, as reported by Artur Parfenchikov, Head of Karelia, on his VKontakte page. “They are now preparing to upgrade the production site, implementing environmentally...
Sawn timber prices in US rose again in mid-May 2021
May 31, 2021 ` 19:33
In the week ending May 14, 2021 the wholesaler price of benchmark softwood timber commodity item Western S-P-F KD 2×4 #2&Btr was $1,650 mfbm. This is up by +$90, or +5%, from the previous week when it was...
Plans to launch OSB production in Komi
May 28, 2021 ` 21:05
Promtech-Invest is working on a project of building production facilities for OSB production at its site in Kunib village, Sysolsky District. The company also intends to launch production of glued laminated timber and prefabricated elements for house-building. The...
Luzales is planning to open an MDF production site in Komi
May 28, 2021 ` 21:02
According to Valentin Rozhok, Director General at Luzales, this is a new project for the company by all accounts – both by the investment value and by the product; the company has never produced MDF boards before. Whereas...
Segezha Group plans to consolidate 100% of CJSC Novoyeniseiskiy LHK
May 28, 2021 ` 20:59
On May 20, 2021, as a part of the phased consolidation of the assets of CJSC Novoyeniseiskiy LHK , Segezha Group signed an agreement on the acquisition of a minority stake in Tegli Holdings Ltd holding a 100% stake in...
Segezha Group opens sawtimber carrier navigation along the Volga-Baltic waterway
May 28, 2021 ` 18:54
The White Sea-Baltic Canal officially opened for navigation to the NWFD (North-Western Federal District) timber harvesting branches of Segezha Group, a Sistema company, on 20 May 2021. Previously, the navigation season also started along the Volga-Baltic Waterway and...
A new plywood production site will be commissioned in the Vologda Region
May 27, 2021 ` 18:55
Bereznik has been building a plywood factory in Sokol industrial park since 2019. It is planned to commission a production site with a capacity of 40,000 m³ of birch plywood per year in early 2022. In 2025, this...