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As the Kommersant newspaper reports, Segezha Group is going to invest 6 billion rubles to increase the production capacity of its plant in Kirov to 255,000 m³ of plywood per year. The production site is scheduled to be...

The funds are intended to facilitate the development of the timber industry in the region. Starting from 2021, timber enterprises will be provided with soft loans for the purchase of industrial and harvesting equipment and the construction of...

The Russian manufacturer of upholstered furniture is ready to start construction of the production facility at the end of 2021. The investments will amount to over 500 million rubles. It is estimated that the tax revenues will exceed...

Sveza Mill in Verkhnyaya Sinyachikha, Sverdlovsk region, has started an investment project related to reconstruction of raw material heating ponds. The reconstruction program covers fourteen ponds of a production site and is divided into four stages and is...

In March 2021, the company signed a contract for the supply and installation of three drying tunnels with a capacity of 300,000 m³ of dry sawn timber per year. It is also planned to supply three lines of...

After some waffling by suppliers, sharply decreased sales volumes, and strong push-back from customers, this week the wholesaler price of benchmark construction framing dimension softwood lumber item Western Spruce-Pine-Fir KD 2×4 #2&Btr, for the week ending June 11,...

Russian Timber Journal 05-2021: Vadim Vodolazko, General Director of Schmidt & Olofson: “According to our estimates, 10-15% of harvested timber is lost en route from the forest log depot to the mill log yard”; information on preliminary anti-dumping duties...

In January-April 2021, the volume of sawn timber exported from Russia reduced by 5.2% YoY and totaled 6.8 million m³, as reported by the Federal Customs Service of Russia. The value of foreign sawn timber shipments from Russia...

In January-April 2021, the volume of wood pulp export from Russia decreased by 5.6% YoY, reaching 720,100 tons, as reported by the Federal Customs Service of the Russian Federation. The value of foreign supplies increased by 15.2% to...

In January-April 2021, Russia increased its plywood export volume by 9.9% YoY, reaching 1.062 million m³, as reported by the Federal Customs Service of Russia. In value terms, for the reporting period, Russian plywood supplies increased by 26.4%...

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...

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...