Prices for Russian wood-based panels continue to grow rapidly in June 2021
July 20, 2021 ` 21:21
In June 2021, prices for wood-based panels continued growing in the Russian market of construction materials. According to “Market of Wood-Based Panels in Russia” review, OSB made by Kronospan became 58% more expensive in retail compared to last...
European Commission approves the introduction of preliminary anti-dumping duties on birch plywood from Russia
July 20, 2021 ` 21:14
The European Commission approved for 6 months the introduction of preliminary anti-dumping duties on birch plywood from Russia. Individual duties are set for four Russian manufacturers: 15.7% for Vyatsky FC (part of the Segezha Group) and the Russian...
Russia reduced its export of sawn timber by 3.9% in January-May 2021
July 13, 2021 ` 08:29
In January-May 2021, the volume of sawn timber exported from Russia reduced by 3.9% YoY and totaled 8.78 million m³, as reported by the Federal Customs Service of Russia. The value of foreign sawn timber shipments from Russia...
A planned production shutdown was carried out at JSC Volga
July 13, 2021 ` 08:02
At the beginning of June 2021, JSC Volga has put a halt to production capacities in order to carry out annual preventive and planned repairs. This year, the terms of repairs were increased, due to the need to...
Wood pulp export from Russia decreased by 0.9% in January-May 2021
July 12, 2021 ` 20:05
In January-May 2021, the volume of wood pulp export from Russia decreased by 0.9% YoY, reaching 885,300 tons, as reported by the Federal Customs Service of the Russian Federation. The value of foreign supplies increased by 27% to...
In January-May 2021, Russian plywood export increased by 10.9%
July 12, 2021 ` 19:06
In January-May 2021, Russia increased its plywood export volume by 10.9% YoY, reaching 1.311 million m³, as reported by the Federal Customs Service of Russia. In value terms, for the reporting period, Russian plywood supplies increased by 31.6%...
Raute received orders worth approximately €16 million to Russia
July 7, 2021 ` 17:49
Raute Corporation has received orders worth approximately €16 million from Segezha Group to Russia. The scope of orders includes new production lines and modernizations of existing lines to increase the veneer production capacity, and also production lines to...
Pfeifer successfully completes the second expansion stage at the CLT plant in Schlitz
July 6, 2021 ` 16:35
The cross laminated timber plant of the Pfeifer Group, which went into operation at the beginning of 2020, is doubling its capacity to 100,000 m³ annually this year as planned. In order to increase the joinery performance and...
Junnikkala to build new sawmill in Finland
July 6, 2021 ` 14:45
Finnish Junnikkala is preparing for a big investment that will launch the construction of a modern sawmill unit in Oulu, Finland. Construction will begin in 2022 and will be finished by the end of 2023. €70 million investment...
Rosleskhoz to spend 100 million rubles for the development of a timber industry information system
June 30, 2021 ` 16:35
Federal Forestry Agency (Rosleskhoz) announced a tender for the development of the Federal State Information System of the Timber Industry worth 99.94 million rubles. Information about the tender is published in the Unified Procurement Information System of the...
JSC Volga posted an annual report for 2020
June 25, 2021 ` 19:07
According to the results of the Company’s work in 2020, the EBITDA indicator under IFRS amounted to 1.5 billion rubles. Revenue from product sales – 9.4 billion rubles, net profit – 0.9 billion rubles. In 2020 JSC Volga...
Segezha Group completes RUB 14.6 billion investment project in Karelia
June 25, 2021 ` 09:27
Segezha Pulp and Paper Mill (a subsidiary of Segezha Group) has completed an investment project in the field of forest development. Segezha PPM started the project in 2016. Between 2016 and 2020, the investor fulfilled all of its...